Bitcoin Cash: split, hardfork and attack 51%

in #bitcoin6 years ago (edited)

Recently, the Bitcoin Cash Network, born of long quarrels and a hardfork, celebrated its 10th birthday. In spite of its long existence, the debates have not diminished, but they gain a new impetus. The vector of development and modernization of the network is a stumbling block for the community.

The latest passions began after the protocol prepared by the BitcoinABC team and the creation of a smart contract functions and support for atomic swaps, which completely eliminates the need for a third party when the "dialogue" between the different blockchains.

But the proposed pre-consensus protocol has been severely criticized by the so-called "Satoshi Nakamoto" Craig Wright.

Wright believes that this is a precondition for creating a separate chain. A united front against the changes, and Wright is interested in a special version of Bitcoin Cash: the Bitcoin SV, promising to send all the power of its mining pools to support this token.

Craig Wright and Calvin Eyre from Coingeek are quite close. "Experts" and simply alarmists, the collapse and 51% deliberate attacks.

The role of the experts in the field of security, security, security, security, security, security, security, security, security, security, security, and security. As a consequence of this attack, the trust in the network will increase and the number of transactions will increase.

But this arrangement can also be debated by Bitcoin Cash harfork, which potentially threatens the division of cryptocurrency into three crypto-currencies: BitcoinSV, Bitcoin ABC, and Bitcoin Cash.

For the moment, there is no guarantee concerning the hardfork planned for November 15th. Recent changes in the Bitcoin Cash Community, have never before approached a division with unpredictable consequences.

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