The latest Bitcoin Cash (BCH) network update has resulted in a complex battle, and the blockchain has been split into two: BCH ABC is in one corner, and BCH SV is in the other. Here is what they both stand for, and who is currently winning the hash war. BCH, ABC, SV: Who is fighting and why? Bitcoin Cash emerged on August 1, 2017 after departing from Bitcoin’s (BTC) original blockchain via a hard fork. The separation happened in an attempt to manage BTC’s scalability problem. Part of the Bitcoin community, lead by Roger Ver, rallied for increasing Bitcoin’s block …

Cryptocurrency markets are recovering from their recent mini crash today, Nov. 16, with only Bitcoin Cash (BCH) going against a trend which saw assets gain as much as 4.3 percent in 24 hours. Market visualization. Source: Coin360 The fallout from turbulence over BCH’s controversial hard fork, which occurred Thursday, Nov. 15, appeared not to last, with Bitcoin (BTC) recovering a modest 1.35 percent Friday to trade around $5,590 by press time. The largest cryptocurrency had fallen hard in the hours leading up to the hard fork, at one point trading as low as $5,146 according to data from Cointelegraph’s price …

The Bitcoin Cash (BCH) network update, which many predicted would lead to a hard fork, began as scheduled today, Nov. 15. At press time, Bitcoin ABC and Bitcoin Unlimited are currently leading Bitcoin SV in terms of both hash rate and number of nodes, according to Coin.Dance. Under the new consensus rules, 41 blocks have been already mined, wherein Bitcoin ABC is 12 blocks ahead. The update has led cryptocurrency exchanges around the world to suspend BCH trading and withdrawals. The news about the protocol upgrade has divided the BCH community in two camps as there are two dominating proposals …

Institutions “taking money off the table” was a major factor contributing to Bitcoin’s (BTC) and altcoins’ sudden price drop, the CSO of CoinShares told CNBC Nov. 14. Speaking on the network’s Fast Money Segment, the cryptocurrency exchange-traded products firm’s Meltem Demirors said volatility was a given in the run-up to the Bitcoin Cash (BCH) hard fork. “Any time there are hard forks things tend to trade weird and strange, so I think people are trying to take some risk off the table,” she explained. Markets began tumbling Wednesday, Cointelegraph reported at the time, with losses continuing at press time to …

The world’s current biggest crypto exchange OKEx has announced early delivery of Bitcoin Cash (BCH) futures contracts immediately after trading stop time today, Nov. 14, according a press release shared with Cointelegraph. As per the announcement, all Bitcoin Cash futures contracts have been set to stop trading at 9:05AM CET and delivered subsequently at 10:00AM CET due to the upcoming hard fork of Bitcoin Cash, Bitcoin ABC, scheduled for tomorrow, Nov. 15. According to Twitter, OKEx has released a notice on early delivery of Bitcoin Cash futures eight hours ago to press time, which means that the announcement has been …

Cryptocurrency markets are showing red across the board Nov. 14, as a steep drop in Bitcoin (BTC) ricocheted across major assets. Data from Cointelegraph’s price tracker, Coin360, and Bitcointicker confirms BTC/USD bouncing off support around $6,150 on exchanges, at press time hovering above $6,200 again. Market visualization. Source: Coin360 The dip to $6,150 marks a fresh test of the stability seen in Bitcoin for the past several weeks, the largest cryptocurrency not testing the barrier since mid August. No major events appeared to contribute to the latest declines, with some analysts nonetheless predicting the ongoing bear market would continue into …

Born out of the original Bitcoin blockchain on August 1, 2017, Bitcoin Cash (BCH) has split the cryptocurrency community into warring factions with their own arguments, verbal skirmishes, leaders, convictions and occasional get-togethers. On November 15, BCH developers are preparing to undergo its next hard fork, a split of the blockchain, which can give birth to new tokens named Bitcoin SV (Satoshi’s Vision), Bitcoin Unlimited and Bitcoin ABC. How Bitcoin Cash appeared The Bitcoin evolution has been constantly debated within the developers community, who had opposing views on what technology to implement and what rewards miners should receive. In July …

As the Nov. 15 Bitcoin Cash hard fork draws closer, a majority of hash power favors the Bitcoin Cash SV iteration favored by Australian computer scientist Craig Wright’s nChain, data from Coin Dance shows Nov. 12. According to Coin Dance, 66–77 percent of Bitcoin Cash (BCH) miners are backing the SV network based on currency hash rates, compared to 18–29 percent backing Bitcoin Cash ABC, which is favored by crypto evangelist Roger Ver. The data is an estimate based on which mining pools have shown support for the coins after the eventual hard fork. Conversely, Coin Dance notes that of …

Ongoing drama surrounding the upcoming Bitcoin Cash (BCH) hard fork struck a personal note with the coin’s best-known figures Nov. 8, as Craig Wright evidently called Roger Ver his “enemy.” The hard fork, scheduled for Nov. 15, will likely see BCH split into two rival chains: Bitcoin Cash ABC, favored by Ver, and Bitcoin Cash SV, authored by Wright’s nChain. The split comes as a result of Ver and Wright, among other figures attached to BCH, disagreeing over the coin’s future, with those disagreements becoming increasingly public and strongly-worded in recent weeks. On Thursday, Nov. 8, tempers appeared to boil …

Ahead of the imminent Bitcoin Cash (BCH) hard fork, mining giant Bitmain has rushed to deploy around 90,000 Antminer S9 machines to the western Chinese region of Xinjiang, Chinese blockchain news source DeepChain reports Nov. 8. As reported, the BCH network will hard fork on Nov. 15, and Bitmain is reported to be strategizing its role in the forthcoming computing “power war” by reaching out to local mining farms in the coal-rich region of Xianjing. Local mining pool operator Yu Hao told DeepChain that the mining titan has been in talks with “almost all” the local mining farms since late …

The research arm of major Hong Kong-based cryptocurrency derivatives platform BitMEX announced it had launched a network monitoring tool for Bitcoin (BTC) and Bitcoin Cash (BCH) in a blog post Nov. 5. BitMEX described the new resource, ForkMonitor.info, as “useful for monitoring the situation during network upgrades (softforks or hardforks), as well as being potentially useful in helping to detect unintentional consensus bugs.” ForkMonitor is connected to “several” nodes on both the Bitcoin and Bitcoin Cash networks. BitMEX’s release is explicitly times to coincide with an upcoming hard fork of Bitcoin Cash, scheduled for Nov. 15. Today’s blog post notes, …

Sunday, Nov. 4: crypto markets have seen a lot movement today, with most of the top 20 coins by market cap seeing significant growth, and with Bitcoin Cash (BCH) spiking almost 21 percent by press time. Market visualization from Coin360 Bitcoin Cash, the fourth top cryptocurrency by market capitalization, has grown sharply from $473 at the beginning of the day to as high as $573 as of press time, which is the highest trading point of the cryptocurrency over the past month. Trading around $420 for the most part of the week, Bitcoin Cash started this upward trend on Nov. …