Bitcoin has suffered one every massive due to the hard fork that occurred on November 15 and so have many other cryptocurrencies. The holder divided Bitcoin Cash into two entities, the implementation of Bitcoin Cash ABC and the implementation of Bitcoin Cash SV. The previous implementation was directed by Jihan Wu and Roger See, while the last one was directed by Craig S. Wright and Ayre.
Roger Ver, in an interview with the CNBC, explained that the implementation with the longest proof of work chain will receive the original BCH ticker. I have opined that the hachs war was made in what he rehearsed and I have added:
"The Bitcoin ABC implementation of Bitcoin cash has substantially more than the Bitcoin implementation of Bitcoin, bitcoin cash, and more work tests have already been done on the Bitcoin ABC version of Bitcoin cash than the Bitcoin Bitcoin SV version ".
Roger See boasted more power than the SV version and also added that all his services were fully functional from the beginning. He said that everything went according to his plans, except the prices of all the cryptocurrencies that went crazy, which I compared to the Y2K incident.
To put things in perspective, See went into details about the amount of power of hachs they had under their hood, he said:
"By the time the fork began, we made sure we had a lot of hash that left the BTC network, so I think we found the first five blocks after the update. We had more than 4,000 goal hashes in our group to help with that, and the amount of electricity required for that is more than the average power output of the Hoover Dam. "
Refuting speculation about hash wars that make the Bitcoin Cash miner become centralized, See said:
"There were dozens if there were hundreds of people involved in this change, there were these people working together, literally all over the planet joined together to protect Bitcoin cash and make sure that it is an equal-to-equal electronic cash for the world."
According to Coin Dance data, 1066 blocks have been extracted according to the consensus rules and Bitcoin Cash is 34.2% ahead in terms of proof of work and 2 blocks ahead in terms of mined blocks.
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Akash is his usual Mechie with an unusual interest in cryptos and daily transactions, ergo, a full-time journalist at AMBCrypto. He maintains the XRP due to peer pressure, but otherwise he found the day with the little capital he owns.