As a lot of people in the cryptocurrency community may be aware, Bitcoin Cash will undergo a hard fork this week on November 15. The Bitcoin Cash fork will be further divided into Bitcoin Cash ABC and Bitcoin Cash Satoshi Vision (SV). As earlier reported by Crypto-News India, the community has been divided between the two new tokens and we will attempt to see which one is faring better, currently.
We had reported that Bitcoin Cash Satoshi Vision (BCHSV) was originally introduced by Blockchain company, nChain, in October. Back then we had talked about the new token and had said that Bitcoin SV is a new full-node implementation for Bitcoin BCH designed to “fulfill the vision set out by Satoshi Nakamoto’s original Bitcoin white paper,” according to an official press release.
After that, the founder of Bitcoin Cash, Roger Ver stated on record that he had “been fooled” and read out the vile letter that was sent to him by Craig Wright after the former announced his support behind Bitcoin Cash ABC. In the email, Wright had said, “If you want a war…I will do 2 years of no trading. Nothing. If you want ABC, you want shitcoins, welcome to bankruptcy. It was nice knowing you. Bitcoin will die before ABC shits on it. I will see BCH trade at 0 for a few years. Will you? Side with ABC, you hate bitcoin, you are my enemy. You have fucking no idea what that means. You will. I AM Satoshi. Have a nice life. You will now discover me when pissed off. And no. You could have had proof. Your choice. Fuck you.”
Unsurprisingly, Craig Wright who is also known as “Fake Satoshi” has been on a Twitter rant since yesterday evening. Since Sunday, he has been reiterating that Bitcoin SV is the real deal and those who are siding with ABC are “Bowing to the ShitLords.” Calling out to Ver in one tweet, Wright said, “Censorship resistance via decentralization supersedes government authority. Sigh Roger. We are going to have to teach people a lesson that was never thought of….That you can UNWIND TXs in Bitcoin. ABC sells in exchanges… know, that it is not a coin and thus, no sale.”
"censorship resistance via decentralization supersedes government authority."
We are going to have to teach people a lesson that was never thought of….
That you can UNWIND TXs in Bitcoin.
ABC sells in exchanges… know, that it is not a coin and thus, no sale
— Dr Craig S Wright (@ProfFaustus) November 10, 2018
According to a portal, CoinStaker, the Bitcoin ABC software upgrade does not increase the block size. It features some technical changes, with emphasis on the implementation of atomic swaps. Bitcoin SV on the other hand is looking to increase the blocksize parameter from 32MB to 128MB.
At this point, barring the differences in the technology, it is hard to tell which will gain more prominence. However, according to CoinMarketCap, Bitcoin Cash ABC is trading at $388 whereas Bitcoin Cash SV is trading at $118. May the best coin win!
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