Bitcoin soars in bip148
blockchain developers should establish effective channels to collect the deficiencies of the current blockchain and make targeted improvements. This process is called improvement proposals: bitcoin isolation witness (composed of a series of BIPS) is a good example. Application layer developers can use IP process to feed back the problems found in the use process to developers, forming a virtuous circle. And IP process should not be limited to the technical field, but should go deep into the business layer
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there are no restrictions for indivials, teams or companies to issue currency, but you need to make clear the purpose of issuing currency, what you can do, externally or internally, what the planning looks like, what the form of issuing currency looks like, and so on. Only by confirming these can you determine whether issuing currency can meet your needs, or whether you need to combine other systems
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On July 23, okex, a platform of okcoin, a well-known digital trading platform in China, announced that considering the high possibility of bip91 bifurcation and bitcoin cash being born at the same time, the platform will name the two bitcoin codes BCS (bip91) and BCC (bitcoin cash) respectively, and the bitcoin code before the bifurcation will also use BTC code. From 22:00 on July 23, 2017 to the end of bifurcation stability, okex will support BCS and BCC's spot trading with the old BTC
after the announcement was issued at 14:30 on July 23, the market reaction was fierce, and the price of bitcoin fell from 18699 yuan to 17380 yuan, down 7% in five hours. Investors are questioning the behavior
On the evening of July 23, through the coordination of people in the circle, Xu Mingxing, founder and CEO of okex, forwarded the reply of okex Hong Kong team on Weibo. The content is as follows:1. Dynamic difficulty adjustment in BCC technology is bound to happen, which can't be avoided, but it can only be regarded as a counterfeit currency, which has little to do with BTC
2. If the platform only goes online BCC, but not BCS, it will lead to unilateral trading and price distortion (which has happened so far). Driven by the interests of miners, it will certainly make great efforts to dig BCC, which is more likely to lead to division
Only when BCC and BCS trade at the same time can the real market demand be reflected. If the price of BCC is very low, or even negligible, and the price of BCS is close to BTC, no miners will dig for BCC If BCC still has market demand after trading at the same time, it can only respect it After August 1, okex will name BCS as BTC, and BCC name will remain unchangedthe microblog was issued at 19:38 on the 23rd. According to the bitcoin market chart, the price of bitcoin began to rise from the lowest point of 17380 yuan, and the price was 18246 yuan by the time of publishing
PZ, the moderator of bitcoin Roundtable forum, is the main coordinator of the expansion plan. In view of the BCC and BCS events, he told the securities times that the simultaneous trading of BCC and BCS in the current situation that the BTC bifurcation has not been determined will cause confusion in the market cognition. Investors can not determine which chain to trade, and miners can not determine which chain to mine, And then lead to the cognitive confusion of the whole instry chain. As a pioneer of bitcoin, Xu Mingxing's original intention is also for the stability and development of bitcoin instry. After Xu Mingxing makes clarification, the market's cognition of "bitcoin" will further reach a consensus, and the blockchain instry will continue to develop healthily
BCC started trading on July 22, with the highest value reaching 5999 yuan, once falling to 2700 yuan. The sharp price fluctuation indicates that investors may still have doubts about the potential split between the new currency and bitcoin
At present, coinbase, the world's largest bitcoin exchange, has made it clear that it will not support the new blockchainsome people in the instry pointed out that although there are various reasons and judgments that bitcoin will not be hard bifurcated at present, large domestic exchanges are preparing for this, so it is better to continue to wait before the bifurcated event is implemented
If you have been following the news of the bitcoin community, you will know that the bitcoin network may face some changes in the protocol in about two weeks, possibly as soon as two days
in order to improve the trading capacity of bitcoin and solve the problem of bitcoin network congestion, all parties have been arguing and proposed a variety of solutions. In the next few weeks or days, the bitcoin community may usher in a smooth upgrade, or the chain may split, or simply maintain the status quo
However, it depends on the final result of the votingby the time of publication, 88.2% of the miners had voted for segwit2x (website for query of bitcoin bifurcation voting results: coin. Dance / blocks)
okcoin as a company dedicated to bitcoin application, our aim is to serve every customer well, and okcoin has no right to help users choose which bitcoin technology, Therefore, okcoin bank will support all the development routes of bitcoin technology, leaving the option to the market and customers
The Bank of okcoin will take the following measures ring the period when bitcoin may bifurcate:1? At the time point where bifurcation may occur, from July 30, 2017 to August 02, 2017, in order to prevent bitcoin recharge or withdrawal from being rolled back and replayed, we will stop bitcoin recharge and withdrawal
we will inform you the specific time point of withdrawal. For the convenience of your trading ring the bifurcation period, it is recommended that you recharge bitcoin in advance to prevent the unexpected market from being unable to trade< br />2? If there is no bifurcation, we will resume recharge and withdrawal after the network is stable< br />3? If bitcoin is split into one or more bitcoins, okcoin bank will provide the split bitcoins to all customers according to ownership, and graally launch all new types of bitcoin transactions< br />4? For users, the easiest way is to recharge bitcoin in advance. We will deal with all kinds of technical problems in the process of bifurcation for you< br />5? If there is a price anomaly in the bifurcation process, okcoin may temporarily suspend the transaction
we believe that after many years of long-term market competition, one or more versions of bitcoin will be widely adopted. Let's work together for the future of bitcoin