Cobra: "There may be 3 chains in November"

Another Bitcoin hardfork possible in the nearest future? Let's try to figure out
07 November 2017   1253

Co-founder of bitcoin.org and bitcointalk.org Cobra believes that bitcoin needs an improved Proof-Of-Work protocol to counter the SegWit2x fork, and does not exclude the appearance of three different versions of bitcoin. 

According to it, despite all the opposition to the SegWit2x fork, it is possible that the "black swan" will happen and the "winner" will be a new chain. In case SegWit2x turns out to be the chain with the largest hash, Cobra believes that the bitcoin community should temporarily admit defeat and, having retreated, start developing another fork with an improved Proof-Of-Work consensus protocol.

Also, Cobra is convinced that the miners, the market or the governments can not dictate what bitcoin should be, since the crypto-currency embodies the financial independence of each individual participant in the network. That is why it calls on exchanges and the market to prepare for the adoption of the new PoW-fork, which will be recognized as a true bitcoin.

The market and exchanges should be prepared to support three different forks of Bitcoin this November. The original chain, the 2X chain, and the new Bitcoin chain with a better PoW. As soon as the new PoW hard fork binaries are released on Bitcoin.org, I intend to fully commit to supporting that chain and calling it “Bitcoin”, even if hash rate returns to the original chain at a later date.
 

Cobra

Significant part of the bitcoin community and Bitcoin Core developers oppose the SegWit2x, calling it an extremely dangerous and unpredictable experiment in its consequences.

At the same time, a significant number of representatives of large business, including such popular services as Blockchain.info, Coinbase and BitPay, declared their readiness to recognize the true bitcoin chain with the greatest complexity, even if this chain turns out to be SegWit2x.

Bakkt to Unveil Bitcoin Futures Test Date

Along with date announcement, COO Bakkt believes the platform will attract institutional investors and set new standards for the cryptocurrency market
14 June 2019   203

The Bakkt cryptocurrency platform has named the exact start date for testing Bitcoin futures. The first users will be allowed to test the tool on July 22.

According to Bakkt's Operations Director, Adam White, the platform will attract institutional investors and set new standards for the cryptocurrency market.

White pointed out that the wider distribution of cryptocurrencies, in particular, is hampered by unreliable pricing mechanisms and the likelihood of instantly falling rates.

Along with these problem-solving solutions that are new to digital asset markets, Bakkt also brings all the other features that institutions would expect in a versatile and broadly accessible market, including: block trades; a fee holiday through the end of the year to encourage trading; market maker incentive programs to encourage liquid markets; and integrations with ISVs and regulated brokerage platforms.
 

Adam White

COO, Bakkt

At Bakkt, two futures contracts will be presented - with daily and monthly settlements. Risk management and the securing mechanism for these contracts will meet the standards of the traditional derivatives market.