Bitcoin Cash vs Bitcoin SV

[raptorez]

Good riddance for BCH to get rid of Faketoshi.

This is a great idea, which I fully support, because I also don’t understand the meaning and application of this project in the world, I don’t see the application because all the possible options are already taken.

[Babyjamz3026]

I lost my money on bitcoin SV. To my mind these people are greedy.
Why do they need to create fork? Due to their actions crypto is down at the moment.

[ðºÞæ]

The split is now causing hash war which is in turn affecting the crypto market and i think they will continue to fork until they are tired, even the bitcoin sv might still split in the future.

......................., Bitcoin is still the original Bitcoin, ...................

Lol, can you point me to the section in Satoshis bitcoin whitepaper, where does it say anything about 3rd party implementation of a segregated witness (segwit) at some stage (creating a payment channel, aka akin to opening a bank account)
https://www.bitcoin.com/bitcoin.pdf

The proper original Bitcoin is Peer to Peer, period.


https://bitcoinsv.io/

Bitcoin was not created for greedy money whores, found today.

[Junixi]

Recently, nChain announced that it will be forking to a new Bitcoin Cash node implementation known as Bitcoin SV (SV stands for Satoshi's Vision). This has been supported by Craig Wright (which claims to be the real Nakamoto) as he believes that it's the safest path to scaling yet. However, Bitcoin Cash devs (Bitcoin ABC) are against this new implementation of BCH, hence a split might occur in November leading to both coins with the same history of transactions (Bitcoin Cash and Bitcoin SV).

Bitcoin SV aims to scale indefinitely by allowing miners to choose their own block size, among several other improvements. Now it's believed that this will be the "real Bitcoin" just like what has been said about Bitcoin Cash before.

What do you think about this controversy? Will Bitcoin Cash splinter into two distinct factions? Or will it remain the same? It looks like there would occur a split of the main BCH chain, causing Bitcoin SV to emerge. However, only one shall survive in the market (if not both or none of them). Looking forward for your thoughts

well i tginkmthat it is really important foe you to know those thongs but i can not say taht i aj am a good specialist in this but i will learn

[Junixi]

The split is now causing hash war which is in turn affecting the crypto market and i think they will continue to fork until they are tired, even the bitcoin sv might still split in the future.

......................., Bitcoin is still the original Bitcoin, ...................

Lol, can you point me to the section in Satoshis bitcoin whitepaper, where does it say anything about 3rd party implementation of a segregated witness at some stage (creating a payment channel, aka akin to opening a bank account)
https://www.bitcoin.com/bitcoin.pdf

The proper original Bitcoin is Peer to Peer, period.



Bitcoin was not created for greedy money whores like found today.

well this is not so simple to understand tat ypu will be able to maintain your business with different strategies right now

[faceoff97]

I think Bitcoin SV don't have extra protection and holders of BCH should be careful about it. Though am not holding the coin but I don't think it will just fade off like this. The coin still have a very important role to play in the industry.

I found this block explorer and this could be a help for those who hold Bitcoin SV. This is what a ptoject should always have: https://bsvexplorer.info/

[Rati24]

Yes, I saw that on coinmarketcap there were three coins the usual bitcoin cash and its two forks abc and sv. Then the usual bitcoin cash was replaced by abc, maybe he won the competition. As a result, such manipulation has hit the entire cryptocurrency market, even Bitcoin has fallen lower than everyone expected.

[Iykecollinz]

I do find the whole shenanigans very disgusting, all I see are bunch of greedy and egocentric individuals in power tussle and playing with the minds of investors. I hate to hear the fork thing, We won't be surprised hear another fork of either SV or ABC or both. All in attempting frustrate btc and the entire crypto but the king will always rise and keep ruling. Soon they should both be relegated to where other coins with the Bitcoin prefix are hiding on the Coinmarketcap, usually lower not among the top 100

[ðºÞæ]

There will always be people who stick to bitcoins principles and why it was created in the first place by satoshi.  
The “Nakamoto consensus” determines protocol rules according to the original Bitcoin white paper:   https://www.bitcoin.com/bitcoin.pdf
If the banks would not have touched it no fork would exist. A bankers bitcoin has nothing to do with the founders creations
"I owe you." (iou) https://bitcoinsv.io/

[TycheChi]

Prediction:

People who drove the BCH ABC & BCH SV split will now have a exchange war.

Everyone that had BCH can split it and for every BCH get 1 ABC and 1 SV

The ABC and SV crowd are dumping their BTC to buy or mine ABC or SV


Those that want SV are selling their ABC because 1 ABC = 2 SV.

This is driving the SV price upwards.

Once the SV reaches a certain level the ABC crowd will sell their SV and buy ABC back - driving SV down and ABC up.

This will go on for some time.

Eventually the ABC and SV crowds will HODL their centralized alt coins while cheap BTC is bought by those looking and laughing from the sidelines.

[valek.bruno]

Speaking seriously and honestly, I do not understand what BTC SV is another fork? You understand that in general, if you do some kind of fork, then it should be the best parent element

[TycheChi]

Speaking seriously and honestly, I do not understand what BTC SV is another fork? You understand that in general, if you do some kind of fork, then it should be the best parent element

Bitcoin Cash forked into BCH ABC and BCH SV

The split can be viewed here https://cash.coin.dance/


Basically - BCH ABC had more hashrate and support.  Both sides claim to have achieved some sort of victory.

It has scared away customers not only from their coin but from crypto in general.

YAY - winners !

[bittraffic]

So all awhile they have been claiming BCH is the REAL BTC but then again they forked calling it Satoshi's Version (SV). Can they now call it the real one or will they ever fork again by 2021 and call it  again SAtoshi's Original aka SO?  I saw it a real way to get more money from crypto by dumping the BCHSV and soon the BCHSO in the future. Forking is easy money specially if you are late in dumping your BTC stash.

[TycheChi]

I believe that a large motivation behind this is that Craig Wright wants to "salvage" old wallet balances.

i.e. take the balances from dormant wallets and coins that were deliberately burned.

Something he has publicly stated:
https://medium.com/@craig_10243/fixing-op-fals-fd157899d2b7

[Abiky]

I lost my money on bitcoin SV. To my mind these people are greedy.
Why do they need to create fork? Due to their actions crypto is down at the moment.

Exactly. All this mess was caused because of the clash between both factions (ABC and SV). If the hard fork would've gone smoothly, then investors would've held onto their coins. However, the uncertainty of the BCH blockchain has caused many people (including me) to sell all their coins for either USD or BTC. Right now, ABC is claiming that it won the hash war. On the other hand, SV says otherwise but has changed its views from claiming to be the "original Bitcoin Cash" to just being the "original Bitcoin".

Despite the recent events, all the attention has been towards Bitcoin (BTC), whenever it could rise back in value and bring the whole crypto market back to its original glory. To date, Bitcoin has remained stable and reliable as a cryptocurrency for borderless payments. Of course, there are many downsides within Bitcoin such as high fees and slow transaction throughput. But in the end, all of this will be solved with a much more decentralized approach (Lightning Network) than increasing the block size which tends to centralization.

Nonetheless, it'll be interesting to watch how everything unfolds for BCH in the upcoming months. Considering that the next hard fork will be on May 15th, 2019, the ABC team will have plenty of time to rethink their newest software iteration before another mess like this repeats itself. Just my thoughts

[contactmike1]

Now I don't consider bitcoin cash as a long term story,because I don't know which fork to select. BCH was hardly dumped and now i would estimate both forks as a short term speculation,because for following months there will be more activity in these coins. Look, BCHSV has dropped to 40$ and bounced back to 110$ then to 85 and to 115 again. It has happened in 2-3 days! Can't believe!

[valek.bruno]

Speaking seriously and honestly, I do not understand what BTC SV is another fork? You understand that in general, if you do some kind of fork, then it should be the best parent element

Bitcoin Cash forked into BCH ABC and BCH SV

The split can be viewed here https://cash.coin.dance/


Basically - BCH ABC had more hashrate and support.  Both sides claim to have achieved some sort of victory.

It has scared away customers not only from their coin but from crypto in general.

YAY - winners !

Okay, thank you for giving me your precious time, but I still can not understand why to do it at all. It turns out that all this is just for the sake of increasing opportunities for mining?

[Abiky]

Now I don't consider bitcoin cash as a long term story,because I don't know which fork to select. BCH was hardly dumped and now i would estimate both forks as a short term speculation,because for following months there will be more activity in these coins. Look, BCHSV has dropped to 40$ and bounced back to 110$ then to 85 and to 115 again. It has happened in 2-3 days! Can't believe!

Agree. Both BCH and BSV are relatively unstable in prices. While SV has already implemented replay protection, and both chains have gone their separate ways, there are still a few exchanges which haven't resumed BCH trading yet. In the case of exchanges which have adopted BSV, prices have been wild these past days. To be considered as a serious investment, it would need to stabilize for a while.

Despite this, the outcome of BSV and BCH is uncertain due to the recent Hash Wars. In the future, either BCH or BSV would die as people move on to better and promising cryptocurrency projects. It's up to debate whenever these Bitcoin forks would deliver something useful for the crypto space, as they're mainly based on pure hype and speculation. Speaking of BSV, Faketoshi said that within 2-3 years, the "original Bitcoin" would scale up to a 1TB block size. If this becomes a reality, then mass adoption of the cryptocurrency would be expected over time (although it might lead to huge centralization).

Nonetheless, it would be interesting to see how new features work on both chains (BCH and BSV) as they could be experimental grounds for improving the whole blockchain ecosystem as we know it. Just my thoughts

[faceoff97]

Looks like I'll be trying Bitcoin SV, there were wallets that supports it and the demand also is getting better. Wallets such as Hodler wallet also provide a block explorer which is essential for every project. https://bsvexplorer.info/ Though tge coin is not too stable, will still give it a try.

[viknay]

Looks like I'll be trying Bitcoin SV, there were wallets that supports it and the demand also is getting better. Wallets such as Hodler wallet also provide a block explorer which is essential for every project. https://bsvexplorer.info/ Though tge coin is not too stable, will still give it a try.

I'm also a Hodler user, I'm planning to have Bitcoin SV and great to hear in the telegram group that they support it. Its also great that the team provided block explorer.