Bitcoin value SURGES as controversial 'hard fork' called off

Bitcoin value SURGES as controversial 'hard fork' called off
 

The value of a single bitcoin has shot up to a whopping £7,000 after the so-called “hard fork” didn’t go ahead.
And the upgrade would have changed bitcoin's rules in a "fork", effectively cloning the existing bitcoin to create another cryptocurrency.
Developers argued this was necessary to keep up with the pace of growth and allow more transactions through the network.
It would have allowed people with less powerful computers to mine the currency and decentralise the network.
But many were against the change, and it proposals fuelled acrimony in the Bitcoin world over the last few... read more

 
9 November 2017 in Business, Views: 43
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