BitcoinABC will fork away from BCH, and new coins will be airdropped to BCH holders for free

Editor's Note: This article comes fromGolden Finance, reprinted by Odaily with authorization.

Editor's Note: This article comes from

Golden Finance

, reprinted by Odaily with authorization.EthereumBitcoinABC and Deadalnix (ABC lead developer Amaury Sechet) will fork away from BCH on November 15.

It is reported that the BitcoinABC team plans to introduce IFPCoinbase rules in the BCH November upgrade, that is, 8% of block rewards will be awarded to ABC-related addresses to support team development. However, this matter continues to arouse community controversy and is opposed by most development teams such as BCHN. , There are even members of the BCH community who have written to hope that the chief developer of ABC, Amaury, will step down.

BitcoinABC lead developer Amuary Sechet said the new upgrade is partly due to providing critical development funding to enable Bitcoin Cash to integrate with Bitcoin and Bitcoin.

Ethereum

compete. The update will introduce a new difficulty adjustment algorithm, ASERT, in response to extended block times, along with the controversial feature of transferring 8% of rewards if not transferred to a wallet designated to fund the continued development of the ABC protocol , all newly mined blocks will be rejected, this is known as the "coinbase rule".

Sechet predicted that without the coinbase rule, BCH's future would "slowly become irrelevant," but said that the divisions in the community go far beyond this one issue. While some attribute BCH tensions to coinbase rules, "Even a month ago, it was just a matter of adjusting the difficulty...the details aren't very relevant. The split happens first at the community level, and then finds the way to continue the split." reason.” He added, “I don’t think anything can be done at this time to reunite the community.” In addition, BCHN supporter NilacTheGrim recently posted a post calling for Amaury to abdicate.