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Bitcoin feud splits the currency in two
This morning, bitcoin split into two currencies -- the original and Bitcoin Cash. The hard forking, as it's known, resulted from heated debate over the cryptocurrency's future, since the aging tech behind blockchain has prevented easy scaling. While a new code upgrade called SegWit2x was introduced last week as a compromise, dissenters still decided to start backing Bitcoin Cash and fork off in their own direction. The community anxiously waited for financial fallout after the schism, but aside from a temporary 7 percent drop in bitcoin value this morning, the split seems to have avoided disaster. Whether Bitcoin Cash sticks around is another question.
