(BCH) software has solved the scaling problem by increasing the block size to 8 MB (up from 1 MB in Bitcoin thus improving the transaction speed dramatically. In response, Bitmain (and others) came up with a contingency plan to save some miners and users who otherwise would have gotten wiped out in case BIP 148 was activated. Moreover, it wouldnt be fair to dismiss a currency which has not yet been born and has yet to be traded in the market. Their community is comprised of 3 people. Also, this write-up gives a hint that there is actually no need for polling because their community is so small and censored. Notable Supporters (Exchanges, Mining Pools, and Wallets) Bitmain This is the Chinese miner manufacturing company which owns AntPool, the worlds largest mining pool with 23 hash power. On the other hand, BIP 148s original aim is already being achieved by the activation of BIP 91 (or BIP 141 or SegWit2x so there is no point, it seems, in activating. August 1st will be a historic day in the lifetime of Bitcoin and its users.
Other options include Bitfinex, Kraken, Poloniex, HitBTC, and more (you can view all available exchanges. Bitcoin Cash s website). Buying, bitcoin Cash is the most used and convenient way, where all you have to do is sign up for.
How to evaluate bitcoin
Track the polls here. However, now it appears that this plan will still be carried out on August 1, 2017, because this group is fundamentally against the idea of SegWit (or SegWit2x) and sees a block size increase as the only option. Though, in their FAQ section, Bitcoin Cash says that they have replay protection in place, but we are not sure how effective it is as it is still not been tested in live. Now with Bitcoin Cash, they will start off with an immediate increase of the block size limit to 8MB. Now Lets See Who/What is Bitcoin? Well, that was true, and it is still sort of true. And in reality, to start with, you only need support from these key players. Well, Bitcoin Cash does. On the other hand, Bitcoin Cash only has around 1200 nodes as per Coin. If people find BCH more profitable and appealing, it could take off, or if it turns out to not offer anything useful to the world, it could just die an unnamed death.