Could someone here explain in simple terms what is this Bitcoin ABC fork all about? I believe it's going to occur in 6 days from now.
According to their official website, the definition says ABC is a full node implementation of the Bitcoin Cash protocol. But what does that mean exactly? Shouldn't we be able to run a full node in BitcoinCash client in the first place just like with Bitcoin and Bitcoin core?
If it's simply a software to run a full node just like Bitcoin Knots or Armory for example then why there is a hard fork needed?
It is nothing any sane investor should care about. The only reason why there is even a small hype around it (which there really isn't) is only about getting free coins from the fork. Right now if you hold bitcoin cash you will be able to get bitcoin cash abc and bitcoin cash SV with it, which means with one coin you will own three coins at the same time and no matter how much it will be at the start you will be capable of selling all three and make profit, at least what traders see it, maybe it won't worth it I don't know. Aside from that early short term gain there is absolutely nothing to be gained from it, just another bitcoin fork that will die, I have no idea how bitcoin cash even got here, probably thanks to unending support from Roger Ver who is rich like hell and probably keeping bitcoin cash above the water with traders.
