You will now discover me when pissed off. Advocates of this hard fork bitcoin cash option are not necessarily against any change or upgrade, but think that any change should wait for a later time when a less controversial change can be found. The Outcome of Bitcoin Cashs Hard Fork. Bitcoin Cash will hard fork. For instance, the mining giant Coingeek will support bchsv as soon as the hard fork takes place. The fork is expected on November 15 2018 around 4:40 pm UTC. By leaving your coins on Kraken through the upgrade, you are potentially forfeiting any coins on alternative chains that might otherwise be available to you). Technically, the fork will occur when the median time past of the 11 most recent blocks is greater than or equal to unix timestamp. Furthermore, the cryptocurrency exchanges Poloniex and HitBtc have already facilitated trading of both bchabc and bchsv. You can view a fork countdown here (we do not vouch for the accuracy of this site however).
Bitcoin, cash (BCH hard, fork : The Competition is Heating
Let us know in the comment section below. Bitcoin Cash Satoshi Vision (SV the name of this protocol is bchsv, and it will be the alternative chain in the hard fork. However, we make no promise or guarantee that any alternative chain will be supported. Bitcoin SV does not presently meet Krakens listing requirements and is unlikely to be supported. The BCH hard fork will most likely happen, and unlike Bitcoins hard fork last year, only one coin is expected to survive.
We will then monitor the situation in the weeks and months after the fork and evaluate whether or not any changes to hard fork bitcoin cash our stance are warranted, including the possibility of supporting an alternative chain. On November 15 Kraken will prepare its Bitcoin Cash (BCH) wallets to be Bitcoin ABC specific so that coins from any alternative chains will be retained and not sent out from our wallets in withdrawals. After the fork we will not enable BCH funding until we think it is safe to do so, and we do not know in advance how long this may take. The bchsv chain will use and follow the original specifications outlined by Satoshi Nakamoto in the Bitcoin whitepaper, hence the name SV or Satoshi Vision. It appears that most of the Bitcoin Cash community, as well as the original developers, are in support of bchabc. The direction of this coin is endorsed. Ver later claimed that he had been fooled by Wright, who led him to believe that his intentions with BCH were genuine and aligned with Vers, when in fact they were not. Be sure to make any BCH deposits or withdrawals safely ahead of this time.
Bitcoin Cash undergoes scheduled upgrades via hard forks twice a year. Bitcoin Cash ABC, the name of this protocol is bchabc, which will remain as a continuation of the original hard fork bitcoin cash Bitcoin Cash chain. Will funding be disabled around the time of the fork? Kraken has not announced intent to support any alternative chains. Also, bchabc will be backed by Bitmain, a giant mining organization with a significant amount of hash power. Bitcoin ABC network (the protocol and roadmap published by bitcoincash.
On the November 15 2018
No BCH trading will continue across the fork. If you want the option to preserve/claim tokens on alternative chains, you must withdraw your BCH from Kraken prior to funding being disabled on November 15th. Will trading be disabled around the time of the fork? Follow us for any updates on the hard fork. Or will one or the other die off shortly after the fork?
Bitcoin, cash hard fork Kraken Blog)
This is due to disagreements between major players in the BCH community. Read the announcement here: no Change (Bitcoin NayBC there may also be a chain that continues the current Bitcoin Cash protocol with no change or upgrade. At the time of writing, bchabc appears to be winning the race, as its trading around 396 and bchsv is trading around 114. While Bitcoin Cash SV is less popular among BCH community members, it still has substantial support. Earlier this week, Ver hard fork bitcoin cash and Wright, each sides largest proponents, exchanged strong words. Wright, who has claimed to be the creator of Bitcoin, Satoshi Nakamoto (hence the nickname) is believed to have written an email accusing Ver of hating Bitcoin and being an enemy. Yes we will disable Bitcoin Cash (BCH) funding approximately 60 minutes prior to the fork. Therefore, the upcoming hard fork may very well split Bitcoin Cash into 2 separate blockchains and cryptocurrencies, which will then be supported by the different BCH community camps.
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