Post
Topic
Board Bitcoin Discussion
Re: So there is BCC on aug1?
by
cnmgfb
on 23/07/2017, 16:06:36 UTC
ViaBTC will be supporting the concept of "Bitcoin ABC is Still a Major Chain Split Liability". it will offer cloud mining contracts using Antminer S9  to mine the Bitcoin ABC blockchain on August 1st. iys exchange  started trading Bitcoin Cash - BCC. This currency can now be traded against the Chinese Yuan.

here is the split in their mind:

Some developers did not understand and agree with the original vision of p2p electronic cash that Satoshi Nakamoto had created. Instead, they preferred Bitcoin become a settlement layer, ie adding segwit..and maybe others in future.

-Many miners trusted these developers,
-while others recognized that they were leading the community to a different road.

These two visions for Bitcoin are incompatible, led to the community divide.