Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System

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Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted, third parties. Paul Sztorc shows the Bitcoin community that forks are not as frequent as they think and Simon Dixon breaks down his three problems with the…

Etoro Will Give Dollar Equivalent of BSV to Pre-Fork Bitcoin Cash Holders

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Holders of Bitcoin Cash (BCH) at social trading and multi-asset brokerage platform Etoro will now be compensated with a fiat cash amount of BSV corresponding to their pre-fork holdings. The decision comes six weeks after the contentious hard fork took place. Also read: 50% of Chinese Stock Exchange Companies Investigated Fail to Demonstrate Real Applications for…

Crypto Schisms and Fork Psychology

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Forking within the crypto ecosystem is often controversial subject. Many crypto-enthusiasts loathe it, taking particular exception to the so-called “contentious hard fork.” They believe hard-forking damages a cryptocurrency, and say it should be avoided at all costs. They also believe forking is detrimental to the market and represents a financial burden. However, this view is limited and narrow-minded.…

Coingeek Speaks on Consensus Changes and Next-Gen ASIC Chip

Coingeek Speaks on Consensus Changes and Next-Gen ASIC Chip

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Last week, news.Bitcoin.com reported on the proposed consensus changes published by the Bitcoin ABC development team, and the opposition towards certain elements of that proposal from a few BCH community members. Now the blockchain firm and mining organization Coingeek, led by the billionaire tycoon Calvin Ayre, has revealed some different proposed changes to the BCH…

The Opposition Towards Bitcoin ABC’s Proposed Upgrade Changes

The Opposition Towards Bitcoin ABC’s Proposed Upgrade Changes

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On August 8, the Bitcoin ABC development team published an announcement regarding the November hard fork changes with plans to finish the latest codebase by August 15. The proposal falls in line with the ABC developer’s upgrade timeline and contains about five different changes that will soon be ready for testing. Also read: Bitcoin Cash Acceptance…