The massive and chaotic BCH hash war is drawing nearer to a period more than ever, with the Bitcoin SV camp is saying "stop."
In a news press on Nov 26th, CoinGeek, the pushing hand behind the Bitcoin SV, announced that it from now on supports "a permanent chain split from Bitcoin Cash", which it considers as a final chapter to the BCH hash war triggered by the November 15 network upgrade.
In sheer contrast to the previous arrogance from the Bitcoin SV camp, fueled by numerous outrageous statements made by CSW which most notably features "We grind Bitmain into nothing", the Satoshi-impersonator and his allies now muffle their drums and call for a truce.
In the armistice announcement, CoinGeek gracefully refers to Bitcoin SV as "the original Bitcoin", which bears the mission to "restore the original Satoshi protocol for Bitcoin, keep it stable, enable it to massively scale, and allow major enterprises to confidently build on top of the BSV blockchain."
When addressing the now past-tense hash war, the Bitcoin SV dismisses the look-like "defeat" offhand as an "illusion" of rented hash power motivated by its rivalry, and narrates the whole process from the perspective of someone who has a complete control over trending.
Then, CoinGeek furthers to touch on the new implementation of checkpoints and an intention to convert to PoS algorithm by the BCH ABC, which it sees as an abandonment of "fundamental principles of Bitcoin."
Following a series of bashing at ABC, CoinGeek swirls back to highlight its achievements in building a BSV ecosystem within a short time. Furthermore, the end game - replay protection - will be rolled out as part of its plan to guarantee stability, a key priority for users.
In addition, a user guide is in place to explain how users can safely split their BCH coins into ABC and BSV coins.
Calvin Ayre, founder of CoinGeek as well as a steadfast advocator for Bitcoin SV, concluded with a powerful end line, praising BSV as the only token postured to rise "significantly" in value across the board amidst a persistent bear market. He credited the outstanding performance to the roadmap of Bitcoin SV "for big enterprise usage."
According to CoinNess.com, the price of Bitcoin SV embarks on a roller-coaster, even to hike above $130 at a high point. Currently, it pulls back a bit to $118.06 on Binance, still surpassing ETH's $112.16.
CoinNess.com approached Nishant Sharma, International PR and Communication Director of Bitmain, for comments on the CoinGeek's appeal to truce. "In chain splits it is important for the minority chain to implement replay protection," said he, "so that both chains and their communities can move towards their separate goals without the risk of replay transactions slowing them down."
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