A BCH upgrade that would mandate all newly mined blocks donate 8% to development is threatening to drive a hard fork in November. Bitcoin ABC, the dominant implementation of Bitcoin Cash has published a controversial new upgrade that Bitcoin cash supporters must deploy prior to November 15 to ease changes to the crypto asset's core protocol.
Lead developer Amaury Sechet said part over the reason for the new upgrade was to provide crucial development funding to allow bitcoin cash to compete with bitcoin and Ethereum.
"In comparison, Bitcoin cash is lacking in funding and the result is poorly maintained infrastructure, highly dependent on the work of other teams such as between core's as well as develop the tools."
The update will introduce a new difficulty adjustment algorithm dubbed 'ASERT' in response to drawn out block times, alongside a controversial feature that will reject all newly mined blocks that do not divert 8% percent of rewards to a wallet designated to finding ongoing development on the ABC protocol. ( Coinbase rule)
Sechet predicts that without the Coinbase rule, BCH's future is a slow drift into irrelevance He also said the split in the community ran much deeper than this one issue.
He added: "I do not think there is anything that can be done to reunite the community at this point in time.
WHAT IS THE PROBLEM?
Bitcoin ABC said the Coinbase rule will allow more technical talent to be hard to maintain and develop the network. Predicting this will result in the removal of transaction chain bottlenecks to furthur speed up BCH transfers.
The Coinbase rule appears set to become the catalyst for a hard fork in November - with some supporters of the alternative BCH implementation (BCHN) calling for the resignation of Sechet.
Bitcoin cash's most high-profile proponent Roger Ver, has expressed opposition to the Coinbase rule.
CALLS FOR SECHET'S RESIGNATION.
In a blog post calling for Sechet's resignation, BCHN supporter Nilac The Grim described "the much-dreaded 'IFP Coinbase Rule as the primary source of contention among the BCH camps, asserting that the alternative BCH implementations are all opposed to its introduction.
Nilac predicted that Bitcoin Cash will avoid a November hard fork despite the tensions. Sechet is unsure if BCH will see a fork in November, emphasizing that "BCHN will accept blocks coming from ABC but not the other way round.
"This means that there will be a fork in BCHN has more hash than ABC, but not the other way round," he said. However in the event of a fork, Sechet warned that "the BCHN chain will be wiped out" should the BCH chain become longer than the BCHN chain after the chain split.
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