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    Bitcoin Cash Dev Proposes ‘BCH Node' To Avoid An Unwanted Chain Split, Roger Ver On Board

    The Bitcoin Cash (BCH) client upgrade scheduled for May, 2020 has raised heated arguments on some of its aspects. However, one BTC developer on Github by the name ‘ftrader’ is creating an alternative for the ‘disputed’ Bitcoin ABC v0.21.0 client.

    According to ftrader’s post on reddit, the proposed version is unfit for upholding blockchain integrity. The developer defended this position by noting a chain split possibility in the near future due to lack of an activation method and consensus.

    Bitcoin Cash Node (BCH Node)

    In a bid to prevent the underlying risks, a group of BCH developers have come up with ‘BCH Node’ as a substitute to Bitcoin ABC v0.21.0. Basically, the former is a minimally altered version of the latter. The BCH Node as a modified client version will exclude a diversion code, signal and activation prompts for Coinbase rewards.

    Current Bitcoin Cash ABC users will receive the proposed alternative as a ‘drop in’ replacing their old ecosystem. Notably, Roger Ver supports this version; the strong BCH advocate commented under ftrader’s post; “Looks like we now have the right software to run for the May 15th upgrade”

    In addition, significant players in past BTC forks are set to contribute in the development of BCH Node. Some of the participating developers have featured in Bitcoin Cash ABC, Bitcoin Unlimited and Bitcoin XT forks.

    A Proposed Developer Tax on Bitcoin Cash

    Bitcoin Cash in its proposal has suggested a developer tax in the new client upgrade; this is meant to contribute towards growing the platform’s infrastructure. The proposal was however met with a resistance forcing BCH to review the tax from an initial 12.5% to 5%.

    BCH came out to clear the air highlighting that they need to keep innovating within the Bitcoin Cash platform or face the risk of going down. It is still unclear what will be of the new BCH client version but some skeptics are of the opinion that this is an avenue to mint more coins.

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    Edwin Munyui
    Edwin Munyui
    Edwin is a FinTech enthusiast with a particular interest in blockchain technology and cryptocurrencies. He has worked as an author in the blockchain space since 2017 and enjoys creating content that both crypto veterans and newbies can understand. His simple writing style and financial market knowledge have made him a reputable fundamental and technical analyst with the ability to handle any topic around blockchain and crypto over the years.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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