Quote from: liuqi on August 01, 2017, 03:13:48 PM

The split of the bitcoin blockchain has begun.

Earlier today a subset of bitcoin's miners began operating a different software in order to create a competing cryptocurrency called Bitcoin Cash. The move would effectively find a minority of users forging ahead with their own blockchain, one that shares a transaction history with bitcoin.

As previously reported, Bitcoin Cash which raises the size of the network's transaction blocks while doing away with other capacity upgrades is being advanced as an alternative to existing scaling efforts. Some of those who backed previous scaling efforts aimed at raising the block size have since moved to support Bitcoin Cash.

Yet the split is far from complete.

The divergence started at approximately 12:37 p.m. UTC, according to data from BTCForkMonitor.info, when the network reached block 478,558. It's here that Bitcoin Cash needs to process a block that is greater than 1 megabyte (MB) in size in order to seal the split.

Thus far, that hasn't happened, and some observers believe that it could take hours or more for that block to be created. In the meantime, the original bitcoin chain has continued, reaching block 478,570 as of press time.

People are having problems with the software, the nodes seem unreliable. There are reports of Bitcoin ABC full node crashing. Bitcoin Unlimited 2.0?

And what's funny is, Greg Maxwell went on the Bitcoin ABC github and warned them about the rule to process a block greater than 1 MB to steal the split, and now it seems that will generate problems.

This is a shitshow already, I think people isn't going to be able to properly dump their coins.