Chinese miners split in August 1st bitcoin holders or overnight
According to the Reuters of Beijing time August 1st reported Tuesday, bitcoin software code may create a split, called “bitcoin cash” (Bitcoin Cash) of the new digital currency, bitcoin holders may therefore make a fortune.
This program is initiated by a few bitcoin holders, which is mainly China miners – they have bitcoin network calculation ability to obtain bitcoin, improvement of dissatisfaction with these bitcoin bitcoin holders technology.
They have launched the so-called “split” (fork) – block chain will be split into two possible paths, “fork” will be activated in the United States on August 1st.
“Significant split”, because a new rival, it will create bitcoin. Bitcoin is the oldest and highest price of digital currency. It is unclear whether the “split” will be successful, and the value of the new digital currency.
If the “split” success, before splitting bitcoin holders will be free to get the same amount of bitcoin cash “– can exchange legal currency or other digital currency.
Block chain technology company Bloq CEO and founder Jeff Gartzke (Jeff Garzik) said, “this is a bit like a stock split. At night when there are 100 pieces of congenital bitcoin, second days to wake up in the morning, in addition to 100 bitcoins, also more than 100 pieces of “bitcoin cash.”.”
Two weeks ago the bitcoin was to avoid a split fate, when software developers and the miners agreed to the deployment is called “bitcoin scheme 91” software update.
“Bitcoin scheme 91” is the first step in greater efforts to upgrade through the SegWit2x software of bitcoin. SegWit2x can improve the processing speed of bitcoin trading network, such as the use of bitcoin payment shopping money.
The miners have great influence in the bitcoin community. Since bitcoin using open source software, so any programmers can use it to create a digital currency.
Data show that bitcoin cash futures has been traded, price of $282.4, bitcoin price of $2806.27.
If the “split” successful, users will only be part of digital currency exchange and digital wallet providers to acquire and trade bitcoin cash, because part of the digital currency exchange decided not to support the “bitcoin cash”, including Coinbase, BitMEX and Bitstamp.
BitMEX business development department is responsible for the personality of Reg Dwyer (Greg Dwyer) said, “we will not support through the partition of bitcoin, out of windfall behavior.”
Two other major exchanges — Kraken and Bitfinex — said they will allow users to exchange bitcoin cash”. (Phoenix)