31 Jul '17, 1pm

Is Bitcoin About To Split? 4 Scenarios

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. The hottest news in the cryptocurrency industry right now is that the Bitcoin blockchain will be split into two. A group in the Bitcoin community has announced a plan to split off from the Bitcoin network to create a new version of the cryptocurrency called Bitcoin Cash . The splitting group made up of investors, developers, miners and Bitcoin users submit that Bitcoin cash is a continuation of the Bitcoin project as peer-to-peer digital cash in line with the original vision of Satoshi Nakamato. This piece provides insight into why Bitcoin is being faced with the possibilities of a split as well as the scenarios that could play out around the split. Bitcoin is far from perfect Bitcoin is a smart store of value and a means of exchange that ...

Full article: https://thenextweb.com/contributors/2017/07/31/bitcoin-sp...

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