Vitalik Buterin Was Present At The Closed Door Bitcoin Cash (BCH) Mining Meeting That Held In Bangkok

The Bitcoin Cash (BCH) community is in a phase of several changes and developments lately, as the SV protocol of Bitcoin is almost ready for implementation and the bitcoin ABC is pushing for a hard fork. Now, it seems like the founder of Ethereum (ETH) – Vitalik Buterin is thrown into the mix.

Vitalik Buterin Was Escorted In and Out of the Meeting

There was security as the entrance of the meeting, and the founder of Ethereum (ETH) was escorted in and out of the meeting. According to Jihan Wu of Bitmain, Vitalik Buterin was invited for a brief discussion, and he also congratulated the team on the growth of the blockchain project so far.

While there is presently not enough information about the meeting, it was reported that Craig Wright left the meeting not more than an hour after the meeting started. Nevertheless, it doesn’t seem like the meeting went as planned, as Calvin Ayre – a Coingeek affiliate, said that there were many technical arguments in the meeting, that it isn’t a technical meeting, but a practical business issue.

The Miners of Bitcoin Cash (BCH) Have Two Options

The miners of Bitcoin Cash (BCH) can either support Bitcoin ABC and Bitmain or nChain and Coingeek. One side is looking to change the mining protocol of Bitcoin Cash (BCH) while the other wants to utilize a protocol that will work on top of the present one.

There have been a lot of debates on how this should be done and several claims that the change in the mining protocol proposed by Bitcoin ABC will only be beneficial to Bitmain. Right now, the issue is more likely to end in a hard fork as either of the sides have refused to give up their idea.

Bitcoin Cash (BCH) Price Today – BCH / USD

Name Price
bitcoin
Bitcoin
$10,059.94-2.51%
bitcoin-cash
Bitcoin Cash
$305.22-2.52%

Bitcoin Cash (BCH) is currently changing hands at $554 after an increase of about three percent over the past twenty-four hours. The current market cap of the digital currency is $9.61 billion and its trading volume over the past twenty-four hours is $298.71 million.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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