Businesses have the freedom to choose between the two chains, while still being able to run battle-tested Bitcoin ABC software.
After the Bitcoin Cash chain split, which is now guaranteed to take place on November 15, businesses can follow both chains using Bitcoin ABC software.
Businesses wanting to follow BCHA, a chain that will fund network development predictably from the block reward, should run Bitcoin ABC 0.22.6 (BCHA network), or any previous 0.22.x version.
Businesses wanting to follow BCHN, a chain that will fund network development from donations, should run the BCHN edition of our software: Bitcoin ABC 0.22.6 (BCHN network).
This gives businesses the freedom to choose between the two chains, while still being able to run battle-tested Bitcoin ABC software. The software will be available for businesses to download shortly after this announcement has been published.
Why we released the BCHN edition
We still believe that reliable funding for network development is crucial for building sound global money. It will allow technical talent to be hired at scale so the network can be developed quickly, and it will also fund broader ecosystem development to attract new users. That’s why we’re committed to building on the BCHA chain, which will continue the roadmap we created in 2017.
However, with the BCHN chain gaining popularity on some exchanges, businesses who trust the reliability of Bitcoin ABC software, including our major sponsors, have requested we create a version of our software that is compatible with the BCHN chain.
As such, we will release Bitcoin ABC: BCHN edition. It allows businesses who want to follow the BCHN chain to do so using the same Bitcoin ABC software they have trusted for the last three years. We will continue to maintain the BCHN edition of our software for the foreseeable future but, since it will have no reliable funding and will follow no roadmap, our work on the BCHN chain will be limited to software maintenance.
What this means for businesses
If you’re a miner, exchange, or other business, you have three choices:
- Run Bitcoin ABC 0.22.6 (BCHA network), or any previous 0.22.x version, to follow the BCHA chain. This chain will be immune to the risk of wipeout and block reorganization.
- Run Bitcoin ABC 0.22.6 (BCHN network) to follow the BCHN chain. This chain will NOT be immune to the risk of wipeout and block reorganization.
- Run both to follow both chains.
We’re in the process of reaching out to businesses to offer technical support following this announcement. Alternatively, you can reach out to us directly by raising a ticket.