called Bitcoin Cash. Lets see what the blockchain looks like for them. The solution proposed by the people running Bitcoin favors the users, while the solution proposed by the miners favors themselves (what a surprise!). This week the competition is playing out.
Bitcoin fork 1 august
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"This will be informative for how we deal with these systems in the future Manain said. Credit: Mohit Mamoria, among other things, a transaction contains information about the sender, the recipient, the amount and the transaction fee. Miners with the upgraded computers will work on the Bitcoin Current branch of the chain while the miners who are still on the old block size will form the Bitcoin Classic branch of the chain. At first glance, this solution looks way better. Why is the network so slow? It depends where youve kept your bitcoins. Well come back on this topic later in the post; lets understand the solutions first. The price action forex factory more you pay in transaction fee, the quicker your transaction is processed. With this protocol, there is no place for the sense of ownership. That's not very much.
Cash Fork comes, august 1st, but It Might Bitcoin, hard, fork : What to Expect Aug