Slush Pool, a major bitcoin mining pool, has announced that it will not support Bitcoin Cash (BCC) in the event of an August 1 hard fork.
It has become likely that Bitcoin Cash will be created by a group of miners led by ViaBTC on August 1.A section of the bitcoin community plans to effect a user activated soft fork (UASF) on August 1, 2017.Last week, some of the largest and leading Bitcoin exchanges and businesses including Coinbase and BitMEX clarified that they are not in favor of Bitcoin Cash and thus, cannot support the hard fork led by ViaBTC.
The Japan Cryptocurrency Business Association has officially announced its plan on how to deal.For the first time ever, anyone can send or receive any amount of money with anyone.
Bitcoin as we know it might never be the same again from August 1 as the possibilities of fork become more pronounced than ever before.Ethereum Classic drifted away from Ethereum, and it has become the sixth largest cryptocurrency in the market.However, investors should not fear the creation of Bitcoin Cash.On 1 August 2017 bitcoin split into two derivative digital currencies,.
After ongoing debates over how to scale the digital currency called bitcoin, some.New Bitcoin Improvement Protocol Will Be Implemented on August 1. the Bitcoin Core team says. (Update from August. not represent those of Coinspeaker.Multiple journalists and analysts are behind the name Edward Talliot.Should You be Concerned About a Bitcoin Chain Split on August 1st.Unlike traditional currencies such as dollars, bitcoins are issued and.In general I feel this whole August 1 date, Bitcoin Fork, etc has been a bunch of drama and non-sense leading up to nothing.
The proposed split will occur in a planned hard fork on August 1,. to change the name or ticker name by Aug 1 in order to avoid conflicts.On 1 August 2017 bitcoin split into two derivative digital currencies, the classic bitcoin (BTC) and the Bitcoin Cash (BCH).The current 1 megabyte block-size limit allows the Bitcoin network to process up to seven transactions per second.In case if block size is decreased,undersized blocks.Under Bitcoin Improvement Proposal (BIP) 148, Bitcoin will be undergoing a user activated soft fork on August 1, 2017.A number of Japanese bitcoin exchanges will temporarily suspend bitcoin services including deposits and withdrawals as a precautionary measure for the possibility of.Always do your own research and due diligence before placing a trade.
Under Bitcoin Improvement Proposal (BIP) 148, Bitcoin will be undergoing a user activated soft fork on August 1, 2017.There are three possible outcomes of th.Although it remains unclear whether the Bitcoin protocol split will occur on August 1, a number of Japanese exchanges will suspend all deposits and withdrawals at.Vinny Lingham sold all his bitcoin at 1000 because he said he didnt believe it in anymore and also a year ago said ethereum was trash.
Should You be Concerned About a Bitcoin Chain. Share 6. Pin 1. Shares 148.Several proposals are leaving non-technical and new investors.A segment of all Bitcoin users plans to activate a user activated.He is among the top 10 most Read More Jonas Borchgrevink Founder Jonas Borchgrevink is the founder of Hacked.com and CryptoCoinsNews.com. He is a serial entrepreneur, trader and investor.
It is interesting to note that Bitmain, the Chinese mining company, has published a contingency plan calling for User Activated Hard Fork (UAHF) in the likelihood of UASF being implemented on August 1.Contact: jonas.borchgrevink (at) hacked.com Partner: CryptoCoinsNews Hacked.com is a part of PF Wetting, Oslo, Norway.