Tomorrow, Nov 15 we will witness the HardFork of Bitcoin Cash. What will happen than? To those of you guys who don’t understand what is going on – a brief summary of what’s going on.
The Bitcoin Cash network’s hard fork is planned for November 15. The basic idea is that the software upgrade to Bitcoin ABC would help the network scale and provide for smart contracts. At the same time lots of Bitcoin Cash fundamentalists believe that these changes will corrupt the Bitcoin Cash blockchain.
Now, one of the scenarios is that Bitcoin Cash will split into two different coins: Bitcoin SV (Satoshis’s Vision), the current version and Bitcoin ABC, an upgraded version. This can lead to panic in case double spending won’t be prevented, which can seriously harm currency’s reputation. As Craig Wright, Australian computer scientist (who is also so charismatic that he claims to be Satoshi Nakamoto) says: “There is no bitcoin gold, no BTC vs ABC-type battle here. This is one or the other. Long term, one dies. There is zero chance of both surviving.”
What do you guys expect from tomorrow? Do you think we will witness a massive increase in interest towards Bitcoin Cash or will it be the disaster for those who invested significant money in it?
Let us know and join the discussion on our TG channel
https://t.me/trodaxdotcom.