Company
Date Published
Author
Team Circle
Word count
287
Language
English
Hacker News points
None

Summary

Circle Internet Financial provides an analysis on the Bitcoin Cash (BCH) hard fork that took place on November 15, 2018, highlighting the competition between two proposals, Bitcoin ABC and Bitcoin SV, which could lead to the creation of different blockchains and tokens. Poloniex allowed pre-fork trading of both Bitcoin ABC and Bitcoin SV to gauge community support. Circle Research's report offers a detailed examination of these proposals, including risk analysis, insights from trading data, and positions of major exchanges and mining pools, illustrating the potential market impact of the hard fork. Circle emphasizes its mission to enhance global economic opportunity by making financial transactions more accessible and efficient.