Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: ShadowCrypto on October 30, 2020, 05:56:28 PM
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what is the difference between BCHA and BCHN and why is the hardfork even happening?
BCHN is a continuation of BCH. Multiple implementations work together to develop the protocol so no single developer or team can take control of the protocol (which is what some people think happened in BTC when Core refused to increase the block size). BCHA or BitcoinABC proposed a controversial new "Coinbase Rule" (or 8% tax on miners). This tax/rule would fund BitcoinABC development and other items through a "Global Network Council".
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Looks like this has something to do with Coinbase Exchange, right?
Because I saw in this thread about Bitcoincash which refers to the 8% tax that Coinbase states.
It looks like this must be straightened out immediately because if this happens then it is also good for Bitcoin Cash but if it is wrong there may not be a new coin creator, namely Bitcoin Cash Node (BCHN).
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The differences were already settled and resulted in a new coin, But the primary reasons involve money I gues its also about greed,
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Looks like this has something to do with Coinbase Exchange, right?
Because I saw in this thread about Bitcoincash which refers to the 8% tax that Coinbase states.
It looks like this must be straightened out immediately because if this happens then it is also good for Bitcoin Cash but if it is wrong there may not be a new coin creator, namely Bitcoin Cash Node (BCHN).
No, The Coinbase rule is something in the code of almost all cryptos which tell us what are the fees, coins per block, and more, the coinbase exchange just used the same name.