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Author Topic: Bitcoin Cash Node emerges as victor of hard fork  (Read 1962 times)

Offline sneakyboi

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Bitcoin Cash Node emerges as victor of hard fork
« on: November 17, 2020, 05:46:40 PM »
Bitcoin Cash Node emerges as victor of hard fork

As Bitcoin Cash goes through another fork, Bitcoin Cash Node seems to be the emergent winner for now.

The Bitcoin Cash network just went through yet another fork after originally being created as a hard fork from the Bitcoin (BTC) blockchain in August 2017. The hard fork on Nov. 15 split the Bitcoin Cash network into two new blockchains, Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN). The main difference between the two is the 8% tax on gross rewards that miners must pay to BCH ABC’s #DevelopmentTeam .

Among the two networks, Bitcoin Cash ABC received very little hash power, while Bitcoin Cash Node obtained the majority, indicating that miners may generally favor BCHN over BCHA. The last common Bitcoin Cash block mined before the fork was by Binance, and the first block that split the blockchain into two was mined by AntPool.

Learn more about the news here.
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Bitcoin Cash Node emerges as victor of hard fork
« on: November 17, 2020, 05:46:40 PM »

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Offline ShadowCrypto

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Re: Bitcoin Cash Node emerges as victor of hard fork
« Reply #1 on: November 17, 2020, 08:25:46 PM »
Fundamentals still look good for BCH
no delisting
still on Coinbase, BitPay, PayPal
had their been some delistings from businesses or exchanges I would of been feeling the FUD strong
Bitcoin fees at $2.61 now Ethereum $3.93
pretty sure the buying has been mostly institutions and rich people. They don't use blockchain so they don't go by "usefulness"
once mainstream people start using crypto again the money will go into useful blockchains
question is.. which blockchain will people be using ?

 

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