No, there is risk of a replay attack. Currently Bitcoin ABC's replay protection is entirely opt-in, so if you don't try to replay protect your transactions, they can be replayed on both chains.

Because Bitcoin ABC was the original name and the name of the client. Then ViaBTC went ahead and started calling it Bitcoin Cash.

I wouldn't be surprised if they were.

Yes. You can even just copy Bitcoin Core's datadir entirely instead of syncing a Bitcoin ABC node from scratch.

It is not going to die anytime soon. There are a lot of powerful people with fat pockets supporting the BCC. And you need to remember that morality and ethos comes last during investment. The only thing which matters is the probability of getting a good profit.

Bitcoin ABC and "Bitcoin Cash" are the same thing.

Lets call it Bitcoin ABC.

Yes.

You won't be receiving any coins on the other chain. What you will have is a wallet which has exactly the same state (same transactions) as your wallet on the other chain.

You can't. Bitcoin Core cannot understand the consensus rules that Bitcoin ABC will be deploying. It is a hard fork, so whoever wants to use that fork needs to upgrade their software. The only way you can spend Bitcoin ABC coins is to use the Bitcoin ABC client.

Because the Bitcoin ABC client is based off of Bitcoin Core, you can simply copy the wallet.dat file into a data directory you are using for Bitcoin ABC and be able to use your wallet from there. They are not incompatible.

Just copy your wallet.dat file into a data directory that you are using for Bitcoin ABC. Then you will need to split your coins. You can read about how to split your coins here: https://bitcoin.stackexchange.com/questions/56867/bitcoin-cash-replay-protection/56874#56874

This is completely insane, How can fluctuations like this be possible? It seems to me that people that bought high are now driving market to cover and pull out> Can anyone help me make sense of this, I'm a new member and I day trade stocks. But I cant make sense of this. Its like drunk gorillas hitting the buy button. And all this weeks from a possible split?

https://twitter.com/i/moments/888788567497035776 
which gives me this link
https://nchain.com/app/uploads/2017/07/SegWit-and-the-illusion-of-scale.pdf  or just google it.

Now, I'm more comfy with BTC and understanding a bit more.  I want to know what do you make of The illusion of scale in segregated witness by Craig Wright

I think he did a poor job at sounding technical/explaining his reasons/won't go there most citations.

But I do sort of get what he is saying.  I think this scaling thing is an illusion.  Kinda like big Pharma who kicks dr's who write scripts for their meds.  I mean you do believe the dr when he says, you need X.  You might not like it, but you follow dr's orders, pay for it and take it.

Last year I did some reading.  Recently, I've read a lot too much actually.  I think there is a deeper meaning down the road that no one is thinking bout/saying/getting squashed?  Well "no one" in the sense that BIG $ knows and us "pee-ons" don't.

Thoughts? No bashing and NO sig spamming.

Looks like they're pushing the madam Wu,s belly as a final push to have 2 fat babies coming out 8-9 days from now, people now are buying for 2 reasons, [1]. to have more coins if split happened on both chains as possible.
[2]. to have bought more cheap coins if split was canceled and segwit landed on moon safe and sound.
Both sides are winners, you facking clever emperor Wu.

core will never do it.

they have had segwit code for over a year. you sgwit fanboys have been playing the segwit script of "its been well tested for X years".. so core have had plenty of time to look beyond segwit and start innovating the next block template plan (dynamics) but instead they have given up and just resorted to either waiting around. buying all inclusive weekends for pools. or throwing out propaganda about how LN is the savior.

so dont expect dynamics to be part of cores roadmap.

you can try and call anything not core "moronic" all you like. but it seems the majority of segwit/LN supporters cannot even explain how segwit actually functions all you wish to do is promote the activation dates thinking thats the end of your troubles.

goodluck on your reliance of devs and your mindless thinking that your ass kissing of certain devs will last you a lifetime.. but here is something to wake you up

devs are human
devs get old/bored and move onto different projects
devs will not hold your hand in the future

we need to concentrate on bitcoin being a decentralised system thats not reliant on certain 'favorite' devs.
if you only trust code because of a dev, without you even bothering to learn how the code works or if it will run as suggested, then you have already lost the battle for a decentralised payment system and you might aswell just use paypal 2.0 aka LN or just go back to fiat

If anyone had any suspicions (like me) about the power of the full validating nodes before, I think it should be clear now.

Full Node Power = Hash Power

That's why we need to stay with small blocks and don't let miners to take this power from the users. They already have the power of hash rate. They produce/manufacture their own hardware, and whether they choose to sell them or mine with that hardware themselves depending on the price/profitability. That's a huge power to start with. That's the power of market manipulation.

And on the top of that, they have the power to vote with their hash rate but it is not as powerful as they wanted it to be.

As the recent events showed us, hash power without the support of full validating nodes don't mean shit.

Long story short; If you want to have a say in the bitcoin's future you don't have to buy miners (you can but you don't have to), run your own full-node and remember, if they increase the block size, you won't be able to run one without spending 20k$ while you can do it with a RPi3 now.

Good to see that seeing BIP91 has activated and August 1st is not scary anymore,well i transferred all of my coins from exchanger and online wallet to my electrum wallet, i was getting anxious regarding what the future may hold due to BIP148 event, i even sold some of them which is bad, i was just too worried about, for some people who are not technical person/tech savvy it's very confusing to secure and survive in August 1st. I heard that if you don't control your Bitcoin properly some bad things may happen like your bitcoin will be zero due to the wallet choose a wrong chain which is very scary.

That's a bit confusing.

One can claim his bitcoin on any chain he wants as long as he holds the private keys of the "root" bitcoins. I am also too confused with this stuff so i just pulled the plug on anything online. Extracted my priv keys, wrote them down and waiting.

That's the %100 safe way. Don't let your wallets to get connected to the internet.If 2 or more forks happen, you'll have coins on every chain. No need to choose.

I don't think that we should look at the ETH and ETC coins

Today it is a completely different situation. The Ethereum fork was kind of spontaneous, a totally unexpected event even by those behind it. This is not the case with Bitcoin now. Further, what is this Bitcoin Cash if not a fork by any metric? If they take the existing blockchain and clone it, this is pretty much it. And in that very case the attack is inevitable, otherwise the whole idea is stillborn. Apart from that, how do you know that Jihan doesn't have enough hash rate? He might have been silently assembling a ruthless army of the top-notch asics all these months to crush Bitcoin with just one sweeping blow

kwuk = rien carnation of proudhon?

or sockpuppet

How low will bitcoin fall?

Why do you care for things which are utterly inconsequential?

As to me, we should care about what they can and are actually going to do to the original blockchain. Why doesn't anyone ask this question? If they are attack Bitcoin under whatever name, the outcome will be essentially the same, and it won't be good for Bitcoin given their hashrates. This is what I've been telling all this time, and this is the most dangerous thing that might come out of the current showdown. Or do you really think they are going to coexist with Bitcoin peacefully? That seems next to impossible to me. The whole shebang is designed to kill or, at least, heavily hurt Bitcoin. Am I paranoid, or am I not enough paranoid?

Everyone knows you need your btc BEFORE 1st August.....

Most prominent display of Bitcoin news we have ever seen on the BBC news web portal:

http://www.bbc.co.uk/news

Well, English is not my first language, but yes, your term s correct. Fixed! Thx.

The point is there will NOT BE TWO Bitcoins. Scheduled fork ll take place 3 months from but all miners will have to upgrade and accept SegWit2x. Not cause they like it or not but cause of not losing money.
The best single motivator - MONEY!

And this seems to be the most dangerous part

At first I thought it was kind of joke, but then I read the twitter post by your link and the whole announcement, and it doesn't look they are kidding. So as I got it, they are going to fork off finally. ViaBTC seems to be closely affiliated with Bitmain and Jihan, and in layman terms this basically means war. I hope that I'm missing something or misinterpreted something else, but if they are really going to fork Bitcoin (making a new coin off it), they will be dumping their old bitcoins and likely trying to attack the genuine blockchain since this is the only way the chain is going to survive. Why do I not see and hear the alarms raised?


Something is fishy here, very fishy, to say the least


If they are forking off the Bitcoin blockchain, that bodes bad for Bitcoin. The name is irrelevant (and they call it "Bitcoin Cash")