However, some people in the Ethereum community are dissatisfied with this fork, believing that it undermines the idea of Codeis law proposed by Ethereum and refuses to deploy the fork. Those who rejected this part included miners, exchangeBitcoin block explorers and users. This continued the Ethereum chain before the fork and was renamed ETC. The coins in TheDao on ETC are also owned by hackers.
Of course, the current cryptocurrency environment is different from the Internet environment nearly 20 years ago. Companies must distinguish these nuances in order to make the best decision. It remains to be seen whether cryptocurrency-related companies will repeat the mistakes of Internet companies. At least for now, stakeholders of cryptocurrency still have the opportunity to write different stories.
2020 is the strongest year since the birth of Bitcoin. This year, this cryptocurrency reached an all-time high price, more than one-third higher than the 2017 peak. The market value of Bitcoin actually reached this high point long before the price broke the record. This is because there are more Bitcoins in circulation than when the price was high.
Binance continued to state that it will follow up the situation in the form of a second announcement after the fork is completed. The trading platform finally pointed out that Binance users can refer to the 2018 BCH upgrade Github repository released by the Bitcoin ABC team.
Ben Horowitz is also full of confidence in the revolutionary potential of cryptocurrency. He believes that "it is very likely that most of the things we need will eventually be encrypted. Then we have to reconsider the social organization structure." But first, his female partner Some successful investment cases have to be paid in this field.
Git itself is a distributed code management system. As long as you use git, there will always be a version of the code synchronized with the server on your own computer. Even if the server denies you access, you will not lose the source code. Naturally, There is no such problem as "back up a copy of theBitcoin block explorer code", the code itself exists on your computer.
Nick Szabo delivered a speech at the Israel Bitcoin Summit held at Tel Aviv University on Tuesday. He said that in the context of increasing global geopolitical uncertainty, cryptocurrencies in 2019 may increasingly be seen as a reliable substitute for existing central bank reserve currencies. Nick Szabo said:
Bitcoin is always prone to cause strong mood swings. Liberals love it; anarchists adore it; cypherpunks desire it. But not all sentiments due to Bitcoin are positive. Bankers are afraid of it; politicians don't trust it, environmentalists hate it, and some people simply hate it.