Poloniex Allows Pre-Fork Trading of Both Bitcoin Cash Versions

What the Upcoming Bitcoin Cash Hard Fork Means for You

Poloniex Allows Pre-Fork Trading of Both Bitcoin Cash Versions

If you are interested in trading Bitcoin, Bitcoin Cash, Ethereum, Litecoin or Ripple we can help you begin your journey. Recent Fork monitor social media posts describe Craig Wright as a BCH primary supporter and self-proclaimed Bitcoin creator. The exchange plans to settle all BCH contracts after the hard fork using Bitcoin Cash ABC. "With this design we can then look back into time to construct a world up until any Bitcoin block, effectively creating an immutable decentralized voxel world". In other words, your BCH is cloned, and you get the same amount in the new cryptocurrency, Bitcoin SV (BCHSV), as you have in BCH. They also, in the aggregate, provide valuable information about which chain the market believes has more economic viability.

"Hold you coins in a wallet in which you control the private key".

Interestingly, it is allowing pre-fork trading.

Data from Coin.Dance shows that 60.7% of the businesses it tracks have explicitly revealed they support the Bitcoin ABC roadmap, while a further 37% are ready for it.

You can purchase BCH on exchanges including Liqnet, Ore, BTCChina, Buda, Incorex, and Coinbase.

Poloniex, a cryptocurrency exchange recently acquired by Circle, has launched pre-fork trading for both the BCHABC and BCHSV tokens.

Additionally, Bitcoin.com will offer compatible mining, wallet and other services after the fork. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Essentially, the Bitcoin developing community split because not everyone wanted to update blockchain technology in the same way. From the beginning of BCH, developers have planned on hard forking the currency every six months. Why? It doesn't necessarily mean that a new coin will be created.

Since there will be two cryptocurrencies, Bitcoin Cash (BCH) and Bitcoin SV (BCHSV), we know that there is controversy in the developer community.

Jihan Wu, the founder of Bitmain and crypto billionaire, has recently announced that the Bitcoin Cash (BCH) community is now working to kick Craig Steven Wright from the community after he claimed that he was Satoshi Nakamoto.

Why is the blockchain splitting? He threatened Ver that if he sides with ABC, he hates Bitcoin and will be his enemy. The CEO of Bitmain, Jihan Wu, supports it.

Tether (USDT) traded up 4.1% against the dollar and now trades at $1.00 or 0.00015497 BTC.

Things are different this time around, though, amid the emergence of a rival version of the software called Bitcoin SV.

Bitcoin Cash has a total supply of 17,443,763 coins. Craig "Fake Satoshi" Wright sent an abusive email to Roger Ver earlier this week.

Specifically, around 60% of the network's nodes support Bitcoin ABC, and 28% support Bitcoin SV.

"I support ABC because I think it has a better team, I think it has people who are easier to get along with, I think it has people who are more competent in general", Ver said.

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