Representatives of #Bitcoin Classic announced the complete closure of the project, adding that the goals that he initially pursued are possible with the help of #Bitcoin Cash. The corresponding entry is posted on the project website.
According to Bitcoin Classic release manager #TomZander, taking into account the refusal to host #SegWit2x, the problems of scaling bitcoin will continue. He also believes that Bitcoin Cash in its functional characteristics is likely to surpass the original bitcoin.
Moreover, according to Tom Zander, in the future #BitcoinCash will get rid of the second word in its name and will become simply "bitcoin".
"I'm sure that in a maximum of six months we will drop Cash and call him Bitcoin," he writes.
The Bitcoin Classic project started in early 2016 with the goal of increasing the block size to 2Mb and thereby solving a significant part of the issues related to scaling bitcoin. However, despite all attempts, he did not achieve any significant success.
"The original bitcoin did not come close to solving the scaling problem. At least to some decision! And after the New York agreement collapsed this week, you can be sure that people who control the legacy chain of bitcoin will go to the bottom with their ship, "says Tom Zander.
He also says that the fact that legacy bitcoin is "stuck" on the block in 1MB and, apparently, will remain there forever, only confirms the vitality of Bitcoin Cash. It is up to the market to decide which chain to give preference, Zander believes.
"Users who use the Bitcoin Classic client are advised to switch to any other alternative wallets or nodes. I say this very seriously, because the latest version of Bitcoin Classic will stop following the main chain of bitcoin in the coming days or weeks. Do not let this surprise you, #Zander added.
Recall, over the past day, the price of Bitcoin Cash has demonstrated a strong growth, rising more than 30%.
