With the digital currency markets riled up on rumors of a hard fork, Bitfinex exchange begins preemptive trading of Bitcoin Unlimited Tokens.

 

This evening Bitfinex announced that it would be introducing “chain split tokens”:

bitfinex tweet.PNG

At the time of writing this article the BCU tokens were trading around $190.

bitfinex.PNG

How will the market react to BCU ? The implications of this question will undoubtedly have a major influence on the hard fork debate. During this “hard fork” the Bitcoin Unlimited community would switch from Bitcoin nodes to processing Bitcoin Unlimited. This split would diverge into two parallel blockchains. At the moment of the split, every Bitcoin holder would “receive” and equal amount of Bitcoin Unlimited.

 

 

Published by autconomy

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