Amaury Sechet's Bitcoin ABC coin is up 70% today as the developer announced a new upgrade for the client software that includes stability-related fixes for both forks of the Bitcoin Cash client. The new release breathes much-needed life into the Bitcoin ABC (BCHA) faction of Bitcoin Cash which was crushed by rival Bitcoin Cash Node (BCHN) in a briefly-lived hash war following the fork on November 15. This led to rumors about its impending demise. According to CoinMarketCap, BCHA opened trading at $11.78. The coin is now trading with substantial volume on exchanges and has been as low as $10.50 …

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 development team. 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 value of assets under management for crypto fund manager Grayscale Investments’ Bitcoin Cash Trust has fallen $1.6 million following the announcement that the crypto asset would be forking on Nov. 15. According to data from Coin Dance, the Bitcoin Cash (BCH) network has now split into two blockchains. Currently, miner action appears to be favoring the community-driven Bitcoin Cash Node, or BCHN. Crypto exchange Binance’s pool was responsible for mining block 661,647 — the last common block before the fork. At the time of publication, miners have mined roughly 27 blocks for BCHN and none for Bitcoin ABC, or …

Bitcoin Cash (BCH) holders are scrambling to get their coins onto exchanges ahead of the hard fork expected for Nov. 15. According to Chainalysis, nearly $140 million worth of BCH has flowed onto exchanges in just the past week, bringing November’s total up to $300 million. Since the start of the month, more than 1.56 million BCH has been moved onto exchanges. As such, BCH inflows to exchanges for the past 12 days have equated to nearly 6.4% of Bitcoin Cash’s entire capitalization and supply. While some onlookers have inferred the sizable in-flows to indicate Bitcoin Cash holders are looking …

The Ethereum (ETH) network has suffered what looks like a hard fork today as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair. While initially it was believed to be an internal issue in Infura, a hosting service used by some exchanges and service providers to interact with the Ethereum network, independent node operators have reported issues as well. During the incident, Binance paused withdrawals, and its CEO Chanpheng Zhao referred to a “possible chain split” as the culprit. The exchange has since resumed withdrawals as of 10:20 am UTC. Blockchair, a popular block explorer, reported a …

Hardware wallet manufacturer Trezor drew criticism after it announced Bitcoin Cash (BCH) holders hoping to receive an airdrop with the hard fork expected for Nov. 15 will have to transfer their coins elsewhere. In a Nov. 5 announcement, Trezor’s parent company SatoshiLabs asserted it will wait for the community to determine which Bitcoin Cash implementation will dominate the network moving forward: “SatoshiLabs will not be participating in the fork until a decision is made by the community. If you wish to take part in the fork, you should transfer your BCH balance to another wallet which is supporting the coin …

Bitcoin ABC, the historically dominant implementation of Bitcoin Cash (BCH), appears on the brink of giving way to a community-driven mutiny in the form of Bitcoin Cash Node (BCHN). According to Coin Dance more than 75% of nodes have signaled in favor of BCHN over the past week, while a meager 1% have shown support for ABC. There’s just over ten days left in the race. BCHN nodes mined 84.7% of Bitcoin Cash blocks produced in the last 24 hours, compared to just 1.4% for ABC. BCHN emerged in response to ABC’s announcement it would introduce a new “coinbase rule” …

The potential Bitcoin Cash fork in November is looking increasingly likely, with 63% of the last 1,000 BCH blocks being mined using the community’s breakaway Bitcoin Cash Node (BCHN) implementation. BCHN appears to be ahead on multiple fronts. According to data published by Coin Dance, in total, roughly 82% of the hashrate on the Bitcoin Cash network are currently signaling support for BCHN, following recent support from the BTC.com and Antpool mining pools. And more than 700 of the Bitcoin Cash network’s 1,262 nodes support BCHN. That compares to just 516 running Bitcoin ABC — the historically dominant implementation of …

The Binance Chain mainnet, a blockchain software system developed by Binance and its community, is scheduled to do a hard fork upgrade around August 28 at 6:00 AM UTC. According to the company’s post on August 23, the full node runners on the mainnet are expected to switch their software version to v0.8.0 by the hard fork date. The change will have no impact on the BNB token holders and Binance Decentralized exchange users. However, full node operators of the Binance chain should follow the upgrade instructions on the main site to avoid disconnection and fail to send transaction troubles. …

During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. When speaking at event on July 7, Škvorc explained in detail how to create a blockchain based on Polkadot’s modular “Substrate” architecture. Furthermore, he illustrated how blockchains built this way can be seamlessly updated without needing to hard fork. Škvorc explained that Substrate-based blockchains can be configured by choosing from many available modules to better suit the needs of who is building them. He also claims that — thanks to being connected to each other — that blockchain’s security is ensured …

Proof-of-Stake, or PoS, blockchain Qtum successfully completed a hard fork of its testnet in preparation for the launch of its mainnet hard fork. According to a statement sent to Cointelegraph, the upgrade went live on the testnet at block 625,000 on June 29. This event officially introduced offline staking in Qtum. Mainnet hard fork to happen in August or at block 680,000 The testnet event – scheduled to start on July 6 – is the last phase before Qtum launches its mainnet hard fork. This is expected to happen on August 28, 2020, or at block height 680,000. As of …

Major privacy-oriented cryptocurrency, Beam (BEAM), is making its first official move towards decentralized finance, or DeFi. In anticipation of Beam’s soon-to-come hard fork, the team behind the project updated a number of relevant specifications, paving the way to the so-called “Confidential Defi,” Beam announced to Cointelegraph on June 24. Confidential Assets are at the core of Beam’s future DeFi offering Scheduled for June 28, the hard fork will enable Confidential Assets, or Beam CA — independent tokens on the Beam network. Beam CA will be a key component in the future Beam’s DeFi offering, Beam advisor Guy Corem said. Beam …