Title: Re: Bitcoin SV Nodes Reaches 50% Today
Post by: BengYou on November 11, 2018, 03:28:29 AM
Interesting information, but Bitcoin SV and ABC still not been accepted widely. Hope that there will be more projects to enhance, upgrade their features so 1 day we can see them on the top 10 list
Title: Re: Bitcoin SV Nodes Reaches 50% Today
Post by: dragononcrypto on November 11, 2018, 12:58:59 PM
Interesting information, but Bitcoin SV and ABC still not been accepted widely. Hope that there will be more projects to enhance, upgrade their features so 1 day we can see them on the top 10 list
Huh? Both futures trading of ABC and SV currently rank them as top 10 cryptocurrencies, in case it wasn't obvious. 4th and 10th respectively. BCHSV and BCHABC haven't been widely accepted yet as the chain hasn't forked. Maybe I should of specified that the hard fork is on 15th November, hence until then the "realized" market capitalizations won't be noted. But it is easy to calculate the futures-based market caps (price x BCH circulating supply).
At present, the futures-based market caps of BCHSV is currently around $1.7b (0.18 BCH), which would give it a place in the top 10 at present price of $100.
As for BCHABC, it is currently around $7.7b, so would be in 4th place (as it is worth 0.81 BCH) if the ABC upgrade doesn't maintain itself as BCH.
The latter would only happen if the legacy BCH in maintained as the longest chain, creating two forks, as opposed to only one fork (the shorter chain).
This is pretty unlikely if we calculate the current value of BCHABC + BCHSV = 0.99 BCH. This would imply the legacy BCH chain would be worth 0.01 BCH after the fork and would therefore be worthless, similar to May upgrade.
Title: Re: Bitcoin SV Nodes Reaches 50% Today
Post by: sola on November 16, 2018, 05:40:19 PM
The preview test confirmed that Bitcoin SV is correct about its scaling roadmap: the BCH blockchain can handle much larger blocks and can more quickly scale for big enterprise use.