Disclaimer: This article does not constitute any investment advice.
Tracy: remember to pay attention to oh!
Author: Jin Qianqian
The BTC vulnerability is likely to be in the BCH bifurcation exposed in the war.
“BTC’s vulnerability is likely to be in the BCH bifurcation exposed in the war.”
From the Wu Jihan “conspiracy theory”, “the clever plan to spend money to Australia, destroy the bit” rhetoric, BCH bifurcation on both sides at loggerheads trend remarkable.
Bitcoin forum Bitcoin.org holder Cobra wrote in Twitter: “people don’t realize that bitcoin” hash war “(hashrate dispute) will be cruel. Craig (Macao Satoshi) and Calvin (founder of Coingeek) already has a hash capacity of more than 50%, they won’t be Shan Gan Hugh.” In addition, he pointed out that if the Bitcoin SV fails, count will return to BCH network, a review of the transaction, the transaction chain rewriting and so on.
Obviously, this is not a war between two men.
In this battle, who can have the last laugh?
CSW and BCH Jihan Wu let the market profit?
The former, CSW and Wu Jihan had teamed up against the enemy, now, two people meet as equals, the differences between the concept of the dispute, No.
Led by the CSW Bitcoin SV community BCH camp hope as when Nakamoto paper describes it, the strict restrictions on the operation code, focus on the transfer of the transaction itself, and hope will eventually block expansion for 128MB.
Headed by Wu Jihan Bitcoin ABC believes in maintaining the block size in the case of 32MB, let BCH to public infrastructure development chain. As a result, BCH can develop the same like Ethernet square, more application scenarios.
To this end, both sides are wildly beating gongs and drums of the deployment, the specific “war” had the shallot made a detailed presentation.
In their work, according to Coinmarketcap data show that from the beginning of November, the bit cash price from $422.35 all the way up to $616.05, stride forward singing militant songs, rose as high as 45.9%. However, the price dropped to $538, or 27.4%.
History will not repeat, but always surprisingly similar. Bit of cash seems to be reminiscent of last year when the price of bitcoin bifurcation.
The battle of BTC caused by BCH bifurcation or lying gun
For the upcoming war bifurcation, although disagree, but Public opinions are divergent., almost no one would dare underestimate future changes may happen in three days.
Yanchel micro-blog published an article that, although a bit side force almost certainly more than CSW, but the outcome of war, not only depends on the work force, if CSW as previously claimed to war, it will not be reached the bottleneck, but both sides are willing to burn money.
CSW is less, the funds needed to more advantage; is force the greater the need financial advantage is small. If CSW is a great advantage of capital, even if the 4000P is, can also win is battle, forcing the mainland to give up defense bit. No matter how the final result, this is battle, will demonstrate the role and power of computing power, significantly improve the stress in the whole ecological status, and the final ruling means stress as bitcoin differences, pave the way.
Shallot technical expert judgment: “the BCH bifurcation, if the battle upgrade, whether is war or (both from other big bifurcation), BTC will be affected.”
According to a senior industry source said the onion interview, this will be a protracted war, a short time is difficult to tie, because both sides have come up with the money, have the ability to protect themselves, but do not have the ability to continue to attack, but once into a tug of war, the odds may be CSW more. “CSW zoom trick probability may be only 1% to 2%, but this can not be ignored, CSW dirt is too much, even if he is not Nakamoto So, he bitcoin basic principle and mechanism of understanding is far beyond these developers, bit.” “For now, the BTC rate of return exceeds BCH26%, CSW through the crowding out effect of those profit has no intention of War (usually this is Bitcoin ABC) small miners driven to go up BTC.”
In addition, he made a bold guess: BTC vulnerability is likely to be exposed in the war. November 15th day, a large number of computing power into the battlefield may hurt BTC, the reason is that a lot of people in the hands of the BTC into BCH, causing the BTC temporary price fell BCH temporary rise. Although the price is not big, but enough to make a power switch to BCH (because of higher income), BTC lost a lot of stress, a slow, speed up the price collapse.
BTC and BCH are the shift force
Today, according to BitInfoCharts statistics, BTC force since November 1st reached a record high after 60.42EH/s, began to decline, the current dropped to 49.78EH/s. While BCH can not force over the same period increased significantly, topped the November 7th 5.099EH/s high current 5.2165EH/s.
It is understood that the current CSW represents CoinGeek, SVPool, BMGpool pool and other interests in the BCH network accounted for about 46.4% of the calculated force.
Bitcoin and ABC represent the ore pool BTC.com, ant pool (AntPool), ViaBTC, BTC.TOP and Bitcoin.com are of interest about holding the entire BCH network 32.1% operator.
(a source: Coin Dance)
In addition, the onion preliminary statistics, at present the BCH bifurcation both representative mineral pools such as BTC.com, BTC.TOP and AntPool have occupied more than 60% of the entire BTC network operator.
(a source: Coin Dance)
Once the two sides fight, inevitably there will be a lot of stress on the switch to BCH, BTC will lay the gun did not know, but certainly not be an exception.
This article source: Onion News
Original title: BCH bifurcation is war, BTC gun lying?