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Bitcoin Cash / Bitcoins / Breaking News / Cryptocoins

Bitcoin Cash Have Stopped Fighting With Bitcoin Core And Are Turning On Themselves

Bitcoin Cash vs Bitcoin Core seems to have taken a new direction. No longer are the Bitcoin Cash team focusing on wiping out Bitcoin Core, they now seem to be fighting amongst themselves, this time within two mercenary groups, Bitcoin SV and Bitcoin ABC. It’s a mutiny, a civil war and it could lead to some big changes in the way Bitcoin Cash is managed any maintained.

So what’s happening?

According to Coindesk:

“Bitcoin Cash stakeholders seemed unified in their goal of boosting the cryptocurrency’s block size parameter in the hopes of attracting more users and enabling more transactions. But a few cracks started to pop up in this united front over the past year, as bitcoin cash developers had one technical disagreement after another. And a new software release by leading bitcoin cash implementation, Bitcoin ABC, has been perceived by some as a subtle declaration of war within the developer community.”

With Bitcoin ABC generally leading the charge within Bitcoin Cash, it’s assumed that some resistance would occur, however it seems off the back of their latest hard fork announcement, a group inside the camp really aren’t happy with their new upgrades, as they simply don’t believe Bitcoin ABC are meeting the original Bitcoin vision, as implemented by the mysterious Satoshi Nakamoto.

Bitcoin SV is the rival group, headed by Craig Wright, the CEO of nChain and Calvin Ayre, the founder of CoinGeek. The plan for Bitcoin SV is to implement a new upgrade that will cause the Bitcoin Cash network to fork, leaving the original Bitcoin Cash and creating a new project, set to be called Bitcoin SV, or something similar. According to Coindesk, an initial Bitcoin SV release reads as follows:

“Bitcoin SV is intended to provide a clear bitcoin cash implementation choice for miners who support bitcoin’s original vision, over implementations that seek to make unnecessary changes to the original bitcoin protocol.”

With this in mind, it’s clear that Bitcoin SV really aren’t happy about the future prospects of Bitcoin ABC and feel that now is the time to move on into a new project that holds on to the original bearing of Bitcoin. Although, isn’t this just going to restart the Bitcoin Cash vs Bitcoin Core argument again? Is it going to end up as Bitcoin Cash vs Bitcoin Core vs Bitcoin SV?

References

Coindesk


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As a key writer for Crypto Daily, Nathan’s role entails the creation of cutting edge news articles, reviews, press releases and general content creation. Nathan’s stories strive to include the most up-to-date cryptocurrency news and affairs, contributing to Crypto Daily’s growing network. Nathans previous experience as a researcher, working on University standard projects means he has a wealth of experience in writing, from academic thesis publication to independent research projects. By applying these research skills to Crypto Daily, we can ensure the content creation team really do know what they are talking about.