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ViaBTC plans to launch Bitcoin alternative, ‘Bitcoin cash,’ on August 1st

Much like Ethereum’s July 2016 split into ETH and ETC, Bitcoin appears to be unable to avoid having a pair of currencies with ideologically-opposed proponents behind either side.

For much of the last week bitcoiners have been focused on, and at times celebrating, a rare and important scaling advancement called BIP 91 (Segsignal). The hard-fought system upgrade has begun the process of Segwit activation, initially relieving fears of a hard fork that would lead to two competing versions of bitcoin.

Much like Ethereum’s July 2016 split into ETH and ETC, Bitcoin appears to be unable to avoid having a pair of currencies with ideologically-opposed proponents behind either side.

For much of the last week bitcoiners have been focused on, and at times celebrating, a rare and important scaling advancement called BIP 91 (Segsignal). The hard-fought system upgrade has begun the process of Segwit activation, initially relieving fears of a hard fork that would lead to two competing versions of bitcoin.