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Writer's pictureSatoshi Consulitng & Education

Bitcoin Cash forks Bitcoin Cat to appear soon


VIA BTC and BitcoinABC move on to different directions

The Bitcoin Cash developers have been split up and argued about the future of BCH.


This leads into new hard forks and one of them is ongoing by ABC supporting BCH developers by default with 8% of mining revenues directly. For those who not know: BCH is centralized by miners and nodes (Instead of Asic it is like Bitcoin has been in the beginning. The protocol was running both sequences on one machine). But under control from major BCH promoter ABC others not fine with the strategy.


VIA BTC goes for a split into Bitcoin Cat

BitcoinCat brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cat". Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.


“BCH has been bitter with ABC for too long. It's time for a change. ”

What you can see from that point is another greediness in speculation leads into another variant of centralized Bitcoin this time as a bigger block variant of BCH. People never will be satisfied with a running system, So the announcement of VIA BTC for CAT sounds like the chor in a funny farm "The collapse of BTC does not mean the collapse of digital currencies, the world still needs an unanchored, aggregate limited, aggressively expanding, POW based digital currency. " - I can't see a collapse of Bitcoin. More I see some pretty spinners on top of the boat in a world of moneymaker and bookkeepers.


Roger Ver seems to be promoting Dash as the alternative to these forks of BCH. The developers don’t seem to be getting along as this tweet from BCH developer Chris Pacia shows.


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