Bitcoin Cash will fork in November

Bitcoin Cash will fork in November

Bitcoin Cash will fork in November
Bitcoin Cash will fork in November

The founder of Bitcoin.com and one of the main supporters of Bitcoin Cash, Roger Ver, announced the upcoming fork of the blockchain. According to him, on November 15, Bitcoin ABC and its lead developer Amory She will split from Bitcoin Cash.

Vera's statement was in response to the Bitcoin ABC download of the latest 0.22.1 release, which will activate the Coinbase Rule on November 15. This feature is one of the network updates that will force miners to donate 8% of the rewards received to the BCH development fund.

According to Cointelegraph, Vera's post actually suggests that the fractured Bitcoin Cash community will fight over which fork will qualify to claim the Bitcoin Cash brand - Bitcoin ABC or a new competitor to Bitcoin Cash Node (BCHN).

Some Bitcoin Cash users believe that the fork will help cleanse the network of competitors, while others are wary of it. In the comments to Vera's post, a Twitter user noted that the split could knock BCH out of the top 10 cryptocurrencies.

Ukraine turned out to be the world leader in the use of cryptocurrencies

Ukrainian citizens are the most active cryptocurrency users in the world. This was reported by the Ministry of Digital Transformation with reference to a study by the analytical company Chainalysis.

According to the ministry, the cryptocurrency usage index was calculated based on the value of transferred digital assets per capita, coin balances on online accounts, the volume of retail and p2p transactions worth less than $ 10,000, calculated at purchasing power parity.

According to the release, a large-scale community of blockchain developers is based in Ukraine, and the volume of non-cash payments is in the top 5 of the world rating.

"Due to the lack of a stock market, limited access to the world capital market and international transfers, as well as a high threshold for entering the real estate market, virtual assets are gaining popularity among the population of Ukraine," the Ministry of Digital Science writes, adding that representatives of small businesses in the country are actively using cryptocurrency for settlements on international marketplaces.

Now the cryptocurrency market in Ukraine is still in a gray zone, which, according to officials, creates potential risks for the state, business, and users.

In the meantime, Ukraine wants to regulate cryptography.

At the same time, Ukraine has approved a strategy for the development of the financial sector.

A start-up fund has also been launched in the country.
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