BCH Fork Consensus Debate Continues with CTOR Upgrade Request and Existing Disputes
Bitcoin Cash Fork Debate Continues
Bitcoin Cash [BCH] has recently made headlines, especially considering its upcoming fork scheduled on November 15, 2018. With a lot of dispute within the BCH development teams alone, especially those who argue that Bitcoin Cash fails to reflect the true Bitcoin, it doesn’t come of surprise that the topic did not simply fade away.
A recent coverage by News.Bitcoin.com, looked at all the events put together with a potential CTOR upgrade put in place. Here is a quick recap on what has been shared thus far:
nChain’s Bitcoin SV Beta Version Release
The disagreements supposedly started on Bitcoin ABC’s end, when it published a code referred to as “the 0.18 ABC Codebase.” Having come across this, Craig Wright, expressed his disapproval of the opcode, OP_CHECKDATASIG and the Canonical Transaction Ordering (CTOR).
He also shared that nChain technologies will be coming up with its respective node client that would look completely different and since released what the latter calls the Bitcoin SV, where SV, as reported by us, represents Satoshi’s Vision. While a meeting supposedly took place to see if the disputes can be resolved, it seems like nChain carried on with its plans for Bitcoin SV, as it not only launched an alpha version, but a beta one too.
Coin Geek’s Calvin Ayre Will Fight for the “Satoshi Vision”
Coin Geek’s Calvin Ayre supposedly shared that he will take whatever position he can to prevent a chain split. The affirmation made Monday, September 10 also stated that the necessary actions would be taken for the “Satoshi Vision for the evolution of Bitcoin,” adding that the “Nakamoto consensus and miner hash elections” will help to resolve the disputes.
Ayre believes a lot of blame was placed on Bitmain because of the “contentious, untested and unnecessary protocol changes,” adding that the mining firm is “creating constant instability and driving corporate investment away.” He also argues that miners are smart enough to stand against the current path is place, which is surely to result in self destruction.
What’s the Deal with CTOR Upgrade?
News.Bitcoin.com shared a detailed study which looked at the benefits of CTOR since an upgrade has since been requested for November. Based on the study, some of the benefits include “limitations on Mempool performance”, which was found during the stress test.
BCH-mining pool, RawPool shared their own perspective on the pros of CTOR, adding that the traditional topical transaction ordering (TTOR) will one day create problems including “memory overhead and increasing computer time.”
RawPool also disclosed that it will contribute in the testing phases of the upgrades alongside all the disputing parties, which include, Bitcoin ABC and nChain.
Getting back to the CTOR, it seems like a lot are against the upgrade because of its cons, which Bitcoin Unlimited notes as being the problem of scalability. In addition, developer, Andrew Stones also shares a similar stance in terms of “sharding proposal”, adding that it “will not work”.
How do you think the scheduled Bitcoin Cash fork will turn out? Is a CTOR upgrade necessary?