Officially Hard Forked!
As of approximately 7:30 PM GMT on November 15th, 2018, we are pleased to announce that Bitcoin Stash has officially hard forked from Bitcoin Cash! With each passing day, as the true value of cryptocurrencies become better understood, the threat of 51% attacks on the Bitcoin Cash network becomes more imminent. Corporate and private interests, combined with greed and incompetence has corrupted the security of the chain. Bitcoin Stash will provide the solution through merged mining with both Bitcoin and Bitcoin Cash. Additionally, Bitcoin Stash will offer replay protection to protect our chain against replay attacks.
Bitcoin Cash has imploded into a hash war between Craig Faketoshi Wright’s Bitcoin SV and Bitmain’s Bitcoin ABC. Faketoshi plans on executing a 51% hash rate attack on the ABC chain, mining empty blocks and wreaking havoc. We are not certain when or how long this attack may occur, but we do believe it is imminent. Bitcoin Stash stands against the block size increases implemented by SV and the fraudulent activities of Wright. Additionally, we believe that the leadership of Bitmain, Roger Ver, and Bitcoin ABC can no longer be relied upon, as they were the ones who welcomed Faketoshi with open arms. While Bitcoin SV was plotting their takeover, the leaders of Bitcoin ABC were busy going to boat parties with Faketoshi and developing useless ideas like tokenization platforms and instant transactions.
At this point, it seems like almost no one knows what will be the result of the Bitcoin SV and Bitcoin ABC drama. No matter what happens with either of those, Bitcoin Stash will have a purpose since our merged mining will provide more incentive for miners and increase security and decentralization with a higher hash rate. Moreover, Bitcoin Stash should not encounter double-spending issues, as we will not be supporting 0-confirmation transactions. As a result, Bitcoin Stash is here to stay and will continue to be useful in the future with or without Bitcoin Cash.
Bitcoin Cash holders prior to our fork will be able to obtain an equivalent amount of Bitcoin Stash if they hold the private keys to their BCH wallet. Future exchange support will also be a continual focus for our team moving forward. Please visit our website https://bstash.org to find further instructions on claiming or mining Bitcoin Stash. Our source code is available at https://github.com/bstash/bitcoinstash, with binaries to follow. Also, please join our Telegram, follow our Twitter (@BitcoinStash), and continue checking our website for updates! Feel free to reach out to any of our official accounts with any questions. Happy Fork Day!
Stash team
