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With Bitcoin Cash Fork Nigh, Community Braces for November 15th

With Bitcoin Cash Fork Nigh, Community Braces for November 15th

November 8, 2018 by William Peaster

On November 15th, 2018, a contentious Bitcoin Cash fork will see the network split as Bitcoin ABC and Bitcoin SV implementations veer away from each other. For now, the wider BCH ecosystem braces for the impact of the differing technical roadmaps.

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ABC-SV Schism Approaches

With competing proposals locked and loaded for the Bitcoin Cash (BCH) network’s planned November 15th upgrades, a contentious fork looks imminent.

At the heart of the technical dispute is a protocol shift to canonical transaction ordering, or CTOR, from the network’s current reliance on topological transaction ordering, or TTOR. CTOR is set to allow faster bitcoin cash transactions.

Bitcoin ABC, the development team behind the most popular Bitcoin Cash implementation to date, has scheduled CTOR for inclusion in the coming upgrade.

Bitcoin SV (“Satoshi’s Vision”), which is backed by development company nChain and Calvin Ayre’s CoinGeek, has been set up to mitigate “unnecessary” changes to BCH. Accordingly, the nChain-CoinGeek alliance are side-stepping CTOR with their SV implementation. nChain published their release candidate for an SV client v0.1 in mid-October 2018.

As such, two general factions have formed. Deep-pocketed Ayre is with nChain CEO Jimmy Nguyen and nChain CTO Dr. Craig S. Wright on the SV side, while Bitcoin ABC lead developer Amaury Sechet, Bitmain CEO Jihan Wu, and BCH entrepreneur Roger Ver are some of the more high-profile faces on the ABC side.

Roger Ver Backs ABC, Reveals Dr. Craig Wright’s War Cry

Ver, who had been previously aligned with Dr. Wright within the wider BCH community but had maintained neutrality f...

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