Hello, guys. Speaking about the BTC Cash split, there are some details we would like to add.
Since the BTC Cash hard fork there’s been a lot of discussion concerning the hash war but happily, the blockchain company Coingeek has announced that the BSV developers will apply replay protection to the BSV chain thus bringing the hash war to an end. Bitcoin cash holders have been watching the hash war take place between a bunch of mining pools from around the world and some individuals still claim that the war is not over, even though lots of major exchanges have decided to list the ABC chain as Bitcoin Cash (BCH), as it’s the chain that has accumulated the most proof of work.
Now, Calvin Ayre stated that BSV developers are now in a way better position than the alternative thanks to replay protection that will allow people to send transactions on the BCH or BSV chains without worrying about transaction replays. In an editorial published on Monday, Coingeek explained that it has consulted with the BSV development team about the reinforcement of blockchain stability measures.
“One aspect of stability is replay protection. Since ABC has not made this stability a priority, Bitcoin SV will do so in order to restore confidence to users and businesses on both chains,” Steve Shadders, technical director of the Bitcoin SV project, detailed. “This change will require the Bitcoin SV team to work with the Bitcoin ecosystem, and the timeline will be announced when there is adequate ecosystem readiness.”
What do you think, guys? Does this affect negatively the BTC price (which is now at $3,650, as low as it hasn’t been in ages)?