Bitcoin Magazine technical editor Aaron Van Wirdum breaks down what is going on with the Bitcoin Cash contentious hard fork: who is fighting, over what, and how this could play out, including the nuclear option of a proof of work algorithm change. We discuss whether the battle could deliver a verdict on the question of whether hash power follows price or vice versa, what this says about the strength of proof of work as an algorithm over proof of stake, and what Bitcoin Cash holders should do.
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Episode links:
Aaron Van Wirdum: https://twitter.com/AaronvanW
Aaron’s article on the Bitcoin Cash contentious hard fork: https://bitcoinmagazine.com/articles/when-fork-forks-what-you-need-know-bitcoin-cash-goes-war/
Jordan Clifford of Scalar Capital explains the split: https://medium.com/@jcliff/bitcoin-cashs-november-2018-fork-804596268771
Where you can watch the battle between Bitcoin ABC and SV: https://cash.coin.dance
Tweet storm on Bitcoin Cash hard fork by Emin Gun Sirer: https://twitter.com/el33th4xor/status/1063074170739744768
Gun’s tweet about the security of proof of work vs. proof of stake: https://twitter.com/el33th4xor/status/1062963517530103808
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