The network should not be as congested as it is now, the transaction fee should not be so high and It should provide a better experience to the users.
The world’s largest hedge and arbitrage fund,the Richfund (Rfund)will collaborate with Bitcoin World Foundation Team to fork the Bitcoin block chain at block height 499777 and create a new fork coin named Bitcoin World (BTW) on Dec 19th, 2017.
The creation of Bitcoin brings the concept of block chain into investor’s view. However, as the Bitcoin price has been pushed higher and higher, Bitcoin has become rich people and institutional investors’ instrument rather than normal investors’Bitcoin. Such a high price of Bitcoin violates the original intention of Satoshi to create Bitcoin.
|Estimated hardfork time||2017/12/19|
The following exchanges have expressed intent to support BTW, or have already implemented BTW.