Bitcoin

Roger Ver tells Bitcoin ABC that if they implement a fork they are done for

Bitcoin Cash boss Roger Ver has announced dramatic that Bitcoin ABC and its main developer Amaury Sechet “will branch off from #BitcoinCash on November 15th “.

Bitcoin ABC and @deadalnix have announced that they will part ways with #BitcoinCash on November 15th. We wish you the best of luck with your new coin and thank all BCH holders for the free airdrop.

It doesn’t actually happen. The post suggests that the broken BCH community will struggle to figure out which fork will claim the Bitcoin Cash, Bitcoin ABC, or emerging rival Bitcoin Cash Node (BCHN) brand.. The dispute is over ABC’s “Coinbase Rule,” which would divert 8% of the total amount of newly mined BCH to a development fund in November.

Verse tweet came in response to the latest 0.22.1 upload from Bitcoin ABC, which will trigger the Coinbase rule on November 15th.

Roger Ver tells Bitcoin ABC that if they implement a fork they are done for
Roger Ver tells Bitcoin ABC that if they implement a fork they are done for

Something Bitcoin Cash users on both sides welcome the diversion as an opportunity to clean up the network of rivalswhile Vin Armania, CoinText’s CTO, tweeted:

If @rogerkver really believes that @Bitcoin_ABC has no chance of holding back the Bitcoin Cash name and BCH ticker after November 15th, why does it keep tweeting anti-ABC propaganda asking them to “please stop”?

Other BCH supporters fear that a third chain break will cause BCH irreparable damageand twitter user ‘aiyadt’ answered to see this:

Do you realize that a division could fail? $ BCH from the top 10, right?

According to Coin.Dance, The 126 nodes of BCHN represent exactly 10% of the total 1,260 nodes of the Bitcoin Cash network, while Bitcoin ABC with 533 represents 42% of the network.

However, The implementation of Bitcoin Unlimited (BU) (extension of the Bitcoin XT protocol) also contradicts the Decoinbase rule and currently has the highest individual contingent with 565 nodes or 44%. If you join BCHN it would result in a small majority of 54% of BCHN nodes rejecting the November update and potentially withholding the Bitcoin Cash brand.

Amaury Sechet spoke to Cointelegraph and expressed his Doubts that BU and BCHN could get a majority stake in the network. “The number of nodes is very easy to fake,” he said, noting that “a good chunk of the BU nodes are updated synchronously each time, so they are likely to be the same entity.”

Contemptible, Sechet described Bitcoin Unlimited as a “dumpster fire” who previously supported segwit2x and Bitcoin SV, adding that “BCHN and BU have already started fighting”.

“I’m glad this whole mess is behind us one way or another.”

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