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Have You Heard BITCOIN Split Into Two Starting From 1st August 2017 - Investment - Nairaland

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Have You Heard BITCOIN Split Into Two Starting From 1st August 2017 by pufframmy: 4:35pm On Jul 30, 2017
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Bitcoin Cash is a token that may exist in the near future due to a user-activated hard fork (UAHF) that will bifurcate the Bitcoin blockchain into two branches. The UAHF was initially a contingency plan against the user-activated soft fork (UASF) announced by the bitcoin company Bitmain Technologies. Since this announcement, at the “Future of Bitcoin” conference a developer named Amaury Séchet revealed the Bitcoin ABC” (Adjustable Blocksize Cap) project and told the audience about the upcoming UAHF.

What is Bitcoin Cash

Bitcoin Cash is essentially a new altcoin that is based on the transaction set of Bitcoin. A new blockchain will be created which will not be compatible with Bitcoin starting from the 1st of August. Everyone who has bitcoins on 1st of August, will have an equal amount of Bitcoin Cash tokens in the new blockchain.

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http://www.gistpunch.com/2017/07/have-you-heard-bitcoin-split-into-two.html

Re: Have You Heard BITCOIN Split Into Two Starting From 1st August 2017 by CryptoCoinr(f): 4:39pm On Jul 30, 2017
It's still tentative though the likelihood of it actually splitting seems to be more than 50%.
Re: Have You Heard BITCOIN Split Into Two Starting From 1st August 2017 by pufframmy: 4:49pm On Jul 30, 2017
WE GOING TO HAVE 2 version of Bitcoin
Re: Have You Heard BITCOIN Split Into Two Starting From 1st August 2017 by Ay04z(m): 4:56pm On Jul 30, 2017
Good one.
Re: Have You Heard BITCOIN Split Into Two Starting From 1st August 2017 by CryptoCoinr(f): 4:59pm On Jul 30, 2017
pufframmy:
WE GOING TO HAVE 2 version of Bitcoin

Again, it's tentative. It's not set in stone, it could happen or not happen. It could happen and have no effect (unlikely). It could happen and then the altcoin bitcoin - Bitcash - immediately plummets in value (and fades into obscurity like its predecessor) due to massive dumping. It could happen and they swap places in value (exceedingly unlikely).

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