Clash of coins: Bitcoin and Bitcoin Cash can(‘t) coexist in harmony | Spanlish

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Monday, November 13, 2017

Clash of coins: Bitcoin and Bitcoin Cash can(‘t) coexist in harmony


This is a tale of two Bitcoins. After a fork in August that created Bitcoin (BTC) and Bitcoin Cash (BCH), we have reached yet another crossroad. While another hard fork was planned around middle of November to boost Bitcoin’s block size, this fork is now dead in the water. The lack of consensus among the Bitcoin community was cited as the reason for abandoning the so-called Segwit2X plan. Abandoning the fork lifted the Bitcoin price from $7,200 to $7,800 as traders realized their worst fears (an ugly chain split) would be avoided. However, excitement hasn’t lasted. Bitcoin is now trading at around $6,000 at press time,…

This story continues at The Next Web

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