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Bitcoin Cash November 15th Upgrade - What price is right?
To help businesses understand the facts on the possibility of chain split on November 15th, I am collecting the information from both sides of the split, so that businesses can gauge the price ratio and make informed decision on which coin to invest and build their business on, and which price is right. Here is the summary:
Notes: IFP chain will always be created on November 15th even if they do not get majority hashrate. Non-IFP chain will only be created if they are ahead of IFP chain for 10 blocks, or manually split by each individual node operators. In either case, the original chain will be abandoned. One chain will retain the BCH ticker symbol depending on exchange's policy, most likely will be based on hashrate. Do check with your exchange if and how they support the split.
If no chain split, then Non-IFP nodes will follow IFP chain, and IFP chain will claim BCH ticker
Non-IFP chain, even after creation, may experience the wipeout issue (Which the node will point to the longer chain), especially for node implementations other than ABC (Non-IFP) and BCHN. New nodes or rebooted nodes will also experiencing the wipeout issue. Expected to have a patch soon after the split to prevent the issue.
No replay protection has been added to both IFP and non-IFP. I am checking if the replay protection will be added in the future to avoid the transactions will be broadcast to both network and will update the article once I have the informatoin.
If you find anything is incorrect or any critical information is missed out, kindly let me know. This is just some simple facts about both proposal, please do check each implementation capability, credibility and other factors to determine your investment strategy.