Bitcoin - your choice!

On the 15th of November, Bitcoin Cash underwent a scheduled hard fork event. The key point of difference with this event compared to former scheduled Bitcoin Cash hard forks is that a unified path forward for the future of Bitcoin Cash was not reached.

This resulted in Nakamoto Consensus playing out and a hash war taking place.

At present, the following data can be viewed on :

Bitcoin Cash (ABC) is currently 24 blocks ahead. BCH (ABC) is currently 26.8% ahead on proof of work. (7:31 am Monday, 26 November 2018 UTC).

Whilst some industry professionals have prematurely declared the hash war over, it is very clear to the team at BitcoinRewards that this process is still in play until one of the teams:

*include replay protection
*change algorithm (from SHA256d)
*discovers and exploits a vulnerability in the “other” chain
*cease mining support for their chain

As of the 26th of November 2018, BitcoinRewards has updated our payment methods to include Bitcoin Cash (ABC chain) with the ticker (BCH) and Bitcoin Satoshis Vision (BSV). We have also reinstated Bitcoin (BTC) due to the significant decrease in network fees.

BitcoinRewards has been a strong supporter of the Satoshi Nakamoto whitepaper - “Bitcoin: a peer-to-peer electronic cash system”. Whilst we remain supportive of this vision - it is important that we also remain true to our values of being “inclusive, not exclusive” by enabling our existing and future members to earn rewards in whatever they deem to be Bitcoin.

Update: 1:02 pm Monday, 26 November 2018 (UTC).

BCH (ABC) and BSV (SV) Hash Wars winding up.

“Bitcoin SV will do so (add replay protection) in order to (give) confidence to users and businesses on both chains… timeline will be announced when there is adequate ecosystem readiness.” via @CalvinAyre



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