What Bitcoin Split will lead to?

​Сrypto-currencies as a new asset class

It looks like BCH (Bitcoin Cash) will play a major role in Bitcoin industry development. Community needs to learn how to govern, regulators need to learn how to regulate, geeks – how to write robust code, investors – how to make cool-head decisions. BCH will probably become an amazing laundry/experiment/speculation tool, since adoption is already huge (major exchanges/wallets) and investors’ trust can be achieved easier than for altcoins. If Bitcoin is to be regulated, it unlikely be the Cash version. I am also very interested to see how hash rate will reorganize when difficulty will fall for BCH and mining will become extremely profitable – as well as probability of a double spending attack.

Illustration by Katerina Krashtapuk

Pavel KravchenkoCryptographer, founder of Distributed Lab