It has only been a month or so when Bcash was introduced to the mix. There was some political motives behind the hard fork and also some staunch supporters of the legacy coin that pushed the split. So far, the split has been pretty calm other than the miners taking advantage of the fluctuations of difficulty. Bitcoin continues to grow as usual while Bcash stays volatile, not sure of its future. And this has only been a month and there is already a talk about an another Hard fork. Get ready, people.
The split at first was troubling because of its uncertainty; developers were shocked of its split and the public did not expect such a sudden change. Even some exchanges like coinbase, announced that they would not support Bcash that came out of the fork which stirred a lot of controversies. With major exchanges not accepting Bcash while others accepted, this whole situation was a fiasco. And another one is coming up.
This time, the hard fork product is Bitcoin GPU, also known as Bitcoin Gold or BGold, as a symbol of BTG. The point of this split is supposed to protect Bitcoin's key value of "decentralize." Through the BTG, they somehow want to keep Bitcoin from upgrading further into Segwit2X and possibly Lightning Network and stay in a route similar to Bcash. However, as the name explains, they implement their ideas through the restriction of ASIC and put in GPU back in the equation.
So without the powerful ASIC miners, BTG attempts to re decentralize the currency. On their site, it says, "For too long, Bitcoin has been held back by the centralize mining industry. GPU brings Bitcoin into the modern age with an exciting technological roadmap to enable massive on-chain scaling well into the future with decentalize."
I can understand how the limiting of ASIC miner would balance the power between the miners but I cannot understand their vision of fixing Bitcoin. Also, the BTG Site seems to be very suspicious through the eyes of cointelegraph and through mine as well. It is a skeletal site that has some information out with links that doesn't lead to anywhere and site looking bland. That said, I do not know if this is truly going to happen but it has been put out by a well known crypto influencer, worldcryptonetwork, and published on an article by cointelegraph. This seems to be something ready to take action and we are the first to experience the bizarre changes.
BGold Site: http://btcgpu.org/#
Cointelegraph Article: https://cointelegraph.com/news/suddenly-bitcoin-gpu-hard-fork-could-give-bitcoiners-more-free-money
I am not a financial/crypto expert so please do your own research before making your decisions. I am not responsible for any actions that you take.
Buy $100 Any one of Litecoin/Bitcoin/Ethereum to Receive $10 of FREE Bitcoin!
https://www.coinbase.com/join/5962f4ea499c8d00a8f9df9f
Donations:
Bitcoin: 1JUKqvyCPr4bNe9VGZLXjQo1WdxVr1vtWf
Ethereum: 0x1AA9B4d3f3bbb507B9117C29549EfcBbBc085F63
Litecoin: LVGvWuhg7tZ4yXugC9wv6dKqN7VfFEJCpY
Try Genesis Mining, One of the Largest Bitcoin Mining company!
Set-up an account and you can start earning your first Bitcoin!
Use the Code: GHVtZm at http://genesis-mining.com to get 3% Off your Hashpower!
Support the Channel by Shopping through my Amazon Link: http://amzn.to/2vwKvF2
Sign up at my Robinhood link to get a FREE Stock!: https://robinhood.com/referral/danc127/?_branch_match_id=423663662302100695
Follow me in these social medias!
https://twitter.com/Timeclore
https://www.instagram.com/timeclore
https://steemit.com/@timclore
Upvote, Comment, and Follow if you enjoyed the article!