Upcoming hardwork BCash untie the hash the war

With high probability BCash will face the hash war between supporters of the forks of the ABC and SV that can cause and even the split of the network.

Differences are in the two competing designs BCash: Bitcoin ABC, which intends to introduce many improvements, and Bitcoin SV, which focuses on a more structured approach and a significant increase in the size of the block.

SV is primarily supported nChain and CoinGeek, ABC has the support of Bitcoin.com, Coinbase, Binance and others.

Lead developer for OpenBazaar Chris Pacia (Chris Pacia) inclined to support users to fork ABC, adding that the network with the most number of users will be more valuable:

“Craig and his supporters coined the term “hash war” to the debate in their favor. In fact, the hash of the war does not exist. The hash will never be the determining factor that indicates how users appreciate the coin. War has always been for users. It becomes obvious that Craig loses it”.

However, from the point of view of the mining hash rate yet the result is not so straightforward, because the share CoinGeek and SVPool make up almost 30% the last 24-hour blocks.

Chief specialist nChain Craig Wright published against competing customer ABC series of tweets in which he predicted a complete failure:

“For the record. Many people like to see me as a Cassandra. Well, here’s another prediction: slow or fast, but we will win. I want people to understand what is Bitcoin. Even if I have over the year slowly pulling one Satoshi of value network ABC, we’ll do it. Without compromise.”

“If ABC remains at SHA256d and does not implement protection against replay, we use it. Until the network becomes weak, while at the global level, the coin will not stop minimise, as long as anywhere else will continue to work the last processor. If you think that I won’t get to the last developer with the processor to burn this last Bastion of hope, you just don’t know me! This is not revenge. It’s a lesson. And I’m going to burn it in the hearts and souls of all socialists of the ABC so that their grandchildren remembered! Have a nice day.”

The result of hard forks are still unclear, so not all of the parties involved assess threats to Wright as reasonable. Technical Director CoinText VIN Armani is convinced that the hash capacity CoinGeek and nChain is sufficient to cause significant damage. In his Twitter account, he called to prevent the hash war.

It is noteworthy that Armani drew attention to the potential threat posed by affiliated miners, who carried out the attack on the PoW network, causing a decrease in their market value.

The increased strife within the community suggests the need for improving management systems and consensus. For example, Dash had no such problems, as the network operates the voting system. Similar functions in other coins is able to resolve the differences to expand a hash of the war as the only possible option of resolving the dispute.

Hash war BCash demonstrates the fragility of the PoW algorithm. Recently launched mining pool has promised to intentionally create empty blocks of other cryptocurrencies to hurt the networks:

“The Shark Pool miners will mine only empty blocks, altcoins and thereby secure a profit of BCH.”

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Hardwork in the blockchain Bitcoin Cash held on may 15

May 15, 2018 Bitcoin Cash plans to update the protocols of the consensus network. The community of developers of Bitcoin Cash regularly enters periodic updates, to develop the network.

Representatives of the Bitcoin Cash in the blog tried to answer the most important questions about the upcoming event

Ready new software?

Yes. Bitcoin ABC version 0.17.0 is already available and contains the code for the upgrade and transition to a new policy consensus at the scheduled activation time.

What you need to do?

If you are using a node Bitcoin Cash, you should immediately upgrade to Bitcoin ABC 0.17.0 or other compatible software.

What communication efforts to ensure that all users know about the update?

Bitcoin ABC will take steps to contact the major exchanges and wallet providers. Any help is appreciated. You can contribute to the dissemination of news, independently contacting the exchanges, providers and other ecosystem participants, and to inform them of the need to update their software or run an updated version of the Bitcoin ABC.

What changes introduced in the new version of the software?

The most significant change is the increase in the maximum block size to 32 MB. Will also be added or re-enabled operation codes (op codes), including OP_CAT, OP_AND, OP_OR, OP_XOR, OP_DIV, OP_MOD, OP_SPLIT, OP_SUBSTR, OP_NUM2BIN and OP_BIN2NUM. However, adding code OP_Group, causing some controversy in the community, will not be produced in the process may the upgrade, it has been rescheduled for November. Instead, you will add code OP_Return with increased data size to 220 bytes.

Bitcoin Unlimited and XT update their software?

We can’t speak for other projects, but they told us that Yes

When it becomes known the exact time of the updates?

It is assumed that the Protocol of the consensus network will be updated, when the average timestamp of the last 11 blocks will be not less 1526400000. Specific activation time depends on the location of the block.

What testing is conducted by developer community? What testing tools are available?

Bitcoin ABC is currently testing the new rules and activate them. Soon will be available test version.

Hardwork is planned in two phases: in may and November 2018, according to the website developers. The second update of the Protocol will happen on November 15 at block 1542300000.

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