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 Bitcoin fork concerns have intensified right now after Jan3 CEO Samson Mow recently suggested that another Bitcoin fork…

Bitcoin fork concerns have intensified right now after Jan3 CEO Samson Mow recently suggested that another Bitcoin fork might actually be necessary. This ongoing debate centers on some fundamental code changes and could, in many ways, impact Bitcoin’s price significantly in the coming months.

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Why Jan3’s CEO Thinks Bitcoin Needs Another Fork Now

Jan-3-planet
Source: Jan3.com

The possibility of a fork of a Bitcoin has emerged from what they are referring to as the “Core Wars” (a highly controversial discussion regarding the Bitcoin’s code and its primary function). This controversy somewhat echos earlier explosions yet more boils down to the query, are Bitcoin hard fork vs soft fork methods correct and will Bitcoin fork again in 2025 soon.

Samson Mow Proposes Fork Solution

Screenshot from Bitcoin Infinity Live podcast featuring discussion about Bitcoin Core Wars
Source: YouTube

During a recent Bitcoin Infinity Live podcast, Jan3 CEO Samson Mow stated:

“Maybe it is time that there is another fork of Bitcoin… not an evil fork but a good fork.”

Mow was not pleased with the existing development process of the Bitcoin Core; he intimated that it may be mandatory to have a hard fork Bitcoin implementation with the not-so-different governance to conserve the monetary role of the Bitcoin at this particular juncture.

How Forks Could Crash Bitcoin’s Price

Bitcoin BTC Crash
Source: investmentmonitor.ai / Photo by maxtrks28/Shutterstock

The growing divide could lead to significant crypto market risks, with several analysts suggesting a potential 50% Bitcoin price crash if a contentious Bitcoin fork materializes in the near future.

Mow had this to say about the current situation:

“It just seems like we’re in bizarro world where the developers are going rogue… they are kind of proceeding without general consensus.”

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Preparing For A Potential Bitcoin Fork

Samson Mow interview
Source: YouTube

Despite the ongoing tensions, Mow remains somewhat optimistic about Bitcoin’s future, and said:

“We are winning. We are winning.”

He also reassured Bitcoin holders about their immediate concerns, and said:

“There’s no immediate danger… your bitcoins are safe. Nothing’s going to happen bad tomorrow.”

For those who are concerned about a Bitcoin fork, some experts actually recommend moving coins to self-custody wallets and, at the time of writing, avoiding transactions during any announced fork dates.

Bitcoin node distribution statistics showing growing adoption of alternative implementations
Source: Coin.Dance

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The Bitcoin fork controversy essentially highlights the challenges of decentralized governance. As debates continue about whether Bitcoin will fork again, understanding the various differences between Bitcoin hard fork vs soft fork implementations becomes increasingly important for investors and users alike.