The Latest Push for a Bitcoin Hard Fork Doesn’t Have a Plan

Bitcoin rival Ethereum split itself into two competing currencies in July to implement a code change that aimed to return $56 million worth of the virtual currency that was stolen by a hacker. Now, some bitcoiners are looking to do the same.

Ethereum’s mostly-successful fork seems to have inspired a sizeable corner of the bitcoin community, which is rallying inside a new subreddit—created on Tuesday—called /r/btcfork. For more than a year, bitcoin has been mired in an unending debate about whether to hard fork the currency in order to change bitcoin’s code and apply what some see as desperately-needed features. That debate had largely petered out, until now.

A new subforum on one of the world’s largest message boards isn’t a huge development in itself, but it’s also the first movement on the hard fork that bitcoin has seen in awhile. The mandate of /r/btcfork is to discuss how to implement a hard fork, not to argue about whether or not it’s the right way forward. In the last 48 hours, the subreddit has gained nearly 700 members, indicating that it’s a popular idea.

The person who created the subreddit, “singularity87,” told me in a message

Read more ... source: TheBitcoinNews