Everyone in this thread is spreading FUD, BIP91 is compatible with UASF so there won't be any chain split. Besides segwitx2 has over 90% support now.
It's not a chain split. It's a fork into a new coin.
They're making no attempt to claim it's BitcoinAnd this seems to be the most dangerous part
At first I thought it was kind of joke, but then I read the twitter post by your link and the whole announcement, and it doesn't look they are kidding. So as I got it, they are going to fork off finally. ViaBTC seems to be closely affiliated with Bitmain and Jihan, and in layman terms this basically means war. I hope that I'm missing something or misinterpreted something else, but if they are really going to fork Bitcoin (making a new coin off it), they will be dumping their old bitcoins and likely trying to attack the genuine blockchain since this is the only way the chain is going to survive. Why do I not see and hear the alarms raised?
They are still gonna signal BIP91, so that is a good thing but I have no idea why they decided to start with their shenanigans now
Something is fishy here, very fishy, to say the least
Everyone in this thread is spreading FUD, BIP91 is compatible with UASF so there won't be any chain split. Besides segwitx2 has over 90% support now.
It's not a chain split. It's a fork into a new coin. They're making no attempt to claim it's Bitcoin.
If they are forking off the Bitcoin blockchain, that bodes bad for Bitcoin. The name is irrelevant (and they call it "Bitcoin Cash")
I don't care what they do with their hashrate and the client they run as long as if there is a hardfork we keep the BTC token tag.
So this leads to my question: Who gets to keep the original "BTC" token tag? exchanges should list the original chain as BTC, I hope they don't pull an "ETC" and pretend that the altcoin isn't the forked chain.