Bitcoin has not fully recovered from the Bitcoin Cash fork yet news in suggest that another fork could be underway. The continuous disagreement between the Bitcoin miners and developers has reached the point of no return.
Upcoming SegWit 2X
SegWit has two phrases. The first phrases happened in August 1 and those who did not agree with it did initiated the Bitcoin Cash fork.
SegWit 2x is the second part of SegWit and will increase the block cap size up - just like the Bitcoin Cash block cap is high.
However, some core developers, users and miners are preferring to stick with the current SegWit Bitcoins. SegWit 2x will need upto 92% of support from Bitcoin SegWit users - but that now seems unlikely.
With the possibility of reaching a 92% consensus among existing Bitcoin miners and developers, it is very likely that Bitcoin will see another fork in November - when SegWit 2x is activated.
The users are left stranded
There is an African proverb that goes;
when two elephants fight, its the earth that suffers from their strife.
However, in the case of Bitcoins, it turns out that forks only mean new free money.
Bitcoin Cash gets a sister!
The fun and privilege which Bitcoin Cash enjoyed over alt-coins could be soon be over as Bitcoin gets another fork.
More free money?
The Bitcoin Cash fork brought free Bitcoins to existing Bitcoin holders. Will this new pending Bitcoin fork bring with it more new free cash?
What do you think?
Thanks for sharing @blockrush . Love it.
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If they fork, life will move on. No big deal. In some ways, this Nov fork is a bigger test that BTC can implement changes that improve the currency.
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I'm looking forward to the fork if there will be one. It's free money.
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