Fork Off: What the #bitcoin Cash Hard Fork Means for Crypto
▻https://hackernoon.com/fork-off-what-the-bitcoin-cash-hard-fork-means-for-crypto-fe07db1d038?so
Over the past weeks, the crypto ecosystem has been abuzz with the news of the Bitcoin Cash division that has created two new projects: Bitcoin Cash ABC and Bitcoin Cash SV. This comes just over one year after Bitcoin Cash forked from Bitcoin.Putting aside the drama of the threats being made from one project to another, we have to ask ourselves — What does this division mean for the crypto ecosystem as a whole?To answer that question, let’s dive into what precipitated this dispute in the first place, and the pros and cons of Bitcoin Cash splitting into two competing projects.Unstructured Governance, Divisions and Hard ForksSystems of governance are what frame the decision-making process and determine who has the power to make decisions. Governance is not a new issue and has been the subject (...)