Fork 1:1 of Bitcoin - Pro on-chain scaling

in #achiever7 years ago

Fork 1:1 of Bitcoin - Pro on-chain scaling

Website: http://bitcoincash.org
Website of the node: https://www.bitcoinabc.org
Source code: https://github.com/bitcoin-abc
Reddit: http://reddit.com/r/Bitcoinabc
Forum: https://bitco.in/forum/forums/bitcoin-abc.25/
Spec: https://github.com/Bitcoin-UAHF/spec
Video presentation:


Chat Telegram: https://t.me/bitcoincashfork
Blockexplorer: http://blockdozer.com/insight/
Blockexplorer 2: https://blockchair.com/bitcoin-cash/blocks
Mempool Statistics: https://jochen-hoenicke.de/queue/uahf/#2h
Forum: http://www.bccforums.net

How to get Bitcoin Cash from many wallet/software/services on Coinomi
https://bitcointalk.org/index.php?topic=2062488.new

Pools:

Wallets:

BIP38
If you have wallets under BIP38, you can decrypt with this https://www.bitaddress.org
Then import the private keys on a Bitcoin Cash compatible wallet.

Fork Date: 2017-08-01 12:20 p.m. UTC

Forking rule:
"REQ-7 Difficulty adjustement in case of hashrate drop

In case the MTP of the tip of the chain is 12h or more after the MTP 6 block before the tip, the proof of work target is increased by a quarter, or 25%, which corresponds to a difficulty reduction of 20% .

RATIONALE: The hashrate supporting the chain is dependent on market price and hard to predict. In order to make sure the chain remains viable no matter what difficulty needs to adjust down in case of abrupt hashrate drop."

Description:
Bitcoin Cash is a split from Bitcoin with a protocol upgrade to fix on-chain capacity. If Bitcoin Cash gets majority of PoW then it becomes de facto Bitcoin.
It will be a Bitcoin without segwit as soft fork, where upgrades of the protocol are done mainly through hard forks, without changing the economic rules of the Bitcoin.
This will be a fork of the Bitcoin blockchain, 1:1, so no-premining, no-ico (it is like a full airdrop)

My opinion:
While I support for sure the freedom of choice, you should be wise on touching this kind of things.
Your private keys are precious. Keep them safe.1.png