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Bitcoin hard fork august 1
or BCC. What are the chances of a fork on August 1st? It is not possible to predict if the combined spot price of the new currencies is higher or lower than the bitcoin price before the fork. In my last article published on June 26, I detailed out the upcoming August 1st event and urged all long term investors to safe guard their coins by moving them to personal wallets. The team behind Bitcoin Cash originally backed the Segwit2x proposal. In terms of the bitcoin owned, no funds will be lost. Rich TV live preferred trading account m/redirect/2/RTL m richtvlive m/members/richtvlive/ m/Richtvlive/ m/RichTVLive m/rich_tv_live/?hlen ml m/add/richtclive88 m/richtvlive/ m/u/0/ disclaimer, rich TVs company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable. We strongly encourage all investors to conduct their own research before making any investment decision. This might take a while and we will likely see other forks like this one with new ideas on how to scale the blockchain. The company stated it is optimistic that BIP 91 gets activated soon enough and nothing bad will happen on this date. If the Bitcoin blockchain does not fork on August 1st, will it fork in the future?
Contents, forks of the client software, the following are forks of the software client for the bitcoin network : All three software clients attempt to increase transaction capacity of the network. Melwin Philip, certified Research Analyst, Growth, long-term horizon, Cryptocurrency Enthusiast. Replay and Wipeout Protection Should two chains persist, Bitcoin Cash minimizes user disruption, and permits safe and peaceful coexistence of the two chains, with well thought out replay and wipeout protection. All current Bitcoin holders will automatically own Bitcoin Cash. Rich TV and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. Because both chains share the same history, any owner of Bitcoin (BTC) technically also owns the same amount of BCH. The first hard fork splitting bitcoin happened on, resulting in the creation.