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Is The Bitcoin Cash BCH Civil War Killing Bitcoin & Other Crypto? - Nov 15th Cryptocurrency News

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Today we saw the cryptocurrency market suffer big losses. Bitcoin plummeted to its lowest level in a year. It lost more than 10% over the past 24 hours. And the Bitcoin Cash fight triggered the crypto market sell off as the fork is expected to happen today as part of scheduled protocol upgrades. But unlike previous Bitcoin cash hard forks, we are seeing a crypto civil war as the competing proposal is not compatible with the published roadmap. And many traders decided to sell due to fear.


So let’s take a look a closer look at this crypto conflict. Roger Ver favours the ABC version.These proposed upgrades hope to reduce transaction costs with smart contracts, oracle services, and scaling improvements. Craig Wright is against this idea and is campaigning for Bitcoin Cash SV. SV stands for Satoshi’s version. Wright once claimed that he is actually the real Satoshi, but many actually call him Faketoshi! He wants to significantly increase the block size, to increase network capacity and scale.

Please remember this is news, not investment advice.
Category
NewsBTC Crypto News
Tags
Bitcoin, BTC, Bitcoincash, BCH, satoshi, rogerver, craigwright, stablecoin, coinbase, binance

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