The Stakes of the Bitcoin Fork
Cobra, a prominent figure in the Bitcoin community and co-owner of Bitcoin.org and Bitcointalk, has issued an urgent call to action amidst the ongoing SegWit2x debate. With tensions running high, Cobra argues that if SegWit2x garners substantial support, it could signify a temporary death of Bitcoin as we know it.
Call for a Hard Fork
In a compelling blog post over the weekend, Cobra highlighted the need for unity among Bitcoin proponents to hard fork again, should the dreaded 2x movement gain traction. He’s not just whistling in the wind; he insists, “If the unthinkable happens and 2x wins, it doesn’t mean Bitcoin has been ‘changed’, it means Bitcoin has been temporarily destroyed!” Talk about dramatic flair!
The New Path Forward
Cobra’s approach is nothing if not decisive. “We won’t surrender and we won’t compromise,” he proclaims, emphasizing a resolve to forge ahead with a new hard fork that would introduce a fresh proof-of-work (PoW) algorithm. This isn’t your typical weekend read; it’s a battle cry for a reimagined Bitcoin landscape.
Market Predictions: Three Forks on the Horizon
As the community braces for what could be a historic moment, Cobra predicts the market and exchanges must gear up to accommodate not one, but three different versions of Bitcoin this November: the original chain, the SegWit2x chain, and a reborn Bitcoin with an improved PoW. Can you say fork-tastic?
Cobra’s Commitment
As if the stakes weren’t high enough, Cobra made a personal commitment: “As soon as the new PoW hard fork binaries are released on Bitcoin.org, I intend to fully commit to supporting that chain and calling it ‘Bitcoin,’ even if hash rate returns to the original chain later.” Looks like he’s ready to carry the banner into battle!
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