BCH Hard Fork An Upgrade And Not a Fork?
The Bitcoin Cash Hard Fork has received a great deal of attention, much of it in the form of criticism. The fork has caused a fork between Bitcoin Cash and Bitcoin SV. Though many categorize it as a fork, Roger Ver, CEO of Bitcoin.com, seems to have a different opinion about the network split. At the Bitcoin Cash Meeting in Tokyo, he stated that the split was not a fork, but an “upgrade.”
To back his statement, he indicated that the Bitcoin.com wallet still features BSV tokens, even though he does not know how long they will be there. He added,
“You needn’t worry because both the tokens are present in your Bitcoin.com wallet. I really don’t know how long SV is going to last, it may last for years to come or it may disappear after a couple of days.”
He also indicated that cryptocurrency exchange Koinex provided users with credit in the form of BCH and BSV using the same address. Further, one official at Kraken, who attended the meeting, indicated that the platform is trying to focus on the credits system.
Ver also discussed Craig Wright, nCHain’s Chief Scientist and proponent of Bitcoin SV. Ver also stated that Wright was simply spreading rumors concerning the use of ABC for illegal activities. Ver commented,
“Craig may say a lot of things and then ask people to ban ABC. That’s like saying if I beat anyone with my shoes, then all shoes should be banned. We played out all the cards and the fork wasn’t even a close competition. Bitcoin Cash is still going strong while BSV is struggling to even get off the ground.” Ver concluded that “They can say whatever they want but nothing is going to happen.”