The renowned cryptocurrency Bitcoin Cash [BCH] hard fork happened on November 15, 2018, a few hours ago. The hard fork did take place around 4:40 PM UTC as an upgrade scheduled under their security and core protocol. This upgrade is much more consequential and eventually also controversial. Furthermore, the hard fork resulted in two separate blockchains in their hash war.
Many cryptocurrencies and digital asset token exchange trading platforms put a halt on their deposit, withdrawal and overall trading process related to Bitcoin Cash [BCH]. Some of these crypto exchanges were Binance, Kraken, and Bitfinex. Furthermore, all of these crypto exchanges released statements assuring their users that the trading platform will fulfill all the technical requirements of the hard fork for the user.
What do we know so far? There is no clear winner in the hashwar
The Bitcoin Cash [BCH] blockchain split into two blockchains around 06:02 PM UTC. The hard fork happened when both the parties didn’t compromise to a common protocol. Moreover, both the parties were significant enough to lead the events to a hard fork. Certainly, there is no clear winner here. Furthermore, it is not even clear that a common compromisable protocol would exist, or the protocols will remain split.
The veteran cryptocurrency Bitcoin Cash’s last block was mined at a height standing at block number 556,766. Furthermore, it was mined by Bitcoin Cash mining pool SVPool. As of now, Roger Ver’s Bitcoin.com is currently supporting the Bitcoin ABC forked version of the cryptocurrency.
The Bitcoin Cash developer group implemented an improved version of the Bitcoin Cash dubbed Bitcoin ABC. Furthermore, it improved upon an exhaustive list of technical updates to the blockchain ecosystem. Some of these upgrades included increasing block capacity to reorder transactions. Furthermore, they also added technical support for interoperability between different digital asset tokens and cryptocurrencies.
The rival implementation, calling themselves as the Bitcoin SV (Satoshi’s Vision)doesn’t want to deviate from the original Bitcoin [BTC] code and protocols.
Brave Browser is the default Web Browser for HTC Exodus Blockchain Smartphone
Here’s why Singapore Blockchain Week kick-started with a first-time conference UCIM
TRON is now on Blockfolio Signal Beta, a Crypto Portfolio Management App
New Website Makes Bitcasino.io One of the World’s Fastest Bitcoin Casinos
European Blockchain Investment Congress 2019 Bringing Industry Professionals, Investors and Startups Together in Vienna
TRON [TRX] is shattering all records, growing in Gaming dApps transaction volume
Ripple supporters raged over Craig Wright’s remarks on Ripple [XRP]
Bitcoin [BTC] falls to its lowest price in 12 months, below $5800
TRON among the first 100 crypto projects under Binance Info Gold Label Project
Swiss Exchange to list world’s first crypto exchange traded product (ETP)
Altcoins News6 months ago
Privacy vs. Transparency: US Secret Service go after Monero and Zcash
Altcoins News5 months ago
Now it’s Official BitTorrent is Now a Part of TRON [TRX]
Cryptocurrency News1 month ago
Crypto Scammers pretends to be Elon Musk, gets away with $175K today
Cryptocurrency News9 months ago
Is NSA really tracking Bitcoin addresses? Edward Snowden thinks so