Due to the controversies of the BIP 91 proposal, Bitcoin mining provider ViaBTC and other supporters are planning a hark fork on August 1st. It will be called Bitcoin Cash with a block size of 8mb.
so far as i know this had nothing to do with BIP91. it all started with BIP148 and bitmain trying to show off their power and calling for a hard fork ONLY in case BIP148 was successful. but since BIP91 locked in and now BIP141 (SegWit) has 100% support of the miners, bitmain announced they won't go through with it.
but ViaBTC picked it up and the entities behind bitcoinABC started pushing for it and advertising it.
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Now, it would be up to debate whenever this separate chain becomes successful in the future and it gets the attention from major exchanges, businesses, and startups that support Bitcoin.
Do you think Bitcoin Cash might overcome the original Bitcoin we know and love in the future? Or will SegWit2x prevail and render other forks useless?
I would like to know your opinion about this
the problem with bitcoin cash is that everyone considers it as an altcoin. and most people even see it as an insult because they are a small group trying to "force" a split disregarding the consensus that the majority reached.Do you think Bitcoin Cash might overcome the original Bitcoin we know and love in the future? Or will SegWit2x prevail and render other forks useless?
I would like to know your opinion about this
it also doesn't offer anything special. they are increasing block size to a huge number all of a sudden and may eventually end up like coins with supernodes which is in fact centralizing bitcoin. and nobody wants that.
not to mention how easy it becomes to perform at least 4 different types of spam attack on their chain and their nodes to cripple them! i may start a topic about these types in the future.
