Week 2: How the Bitcoin Cash “Hash War” Came and Went and Not Much Happened

Week 2: How the Bitcoin Cash “Hash War” Came and Went and Not Much Happened

In what may well have been the most watched cryptocurrency event of 2018, Bitcoin Cash two weeks ago “hard forked” (split) into two different coins. The “big block” project that itself forked away from the Bitcoin blockchain in August 2017 fragmented into “Bitcoin Cash ABC” (BCHABC) and “Bitcoin Cash SV” (BCHSV). In this third and final overview: the main takeaways and latest developments of the second week since the Bitcoin Cash split.
One Week Later: The Latest Developments in the Bitcoin Cash Split

One Week Later: The Latest Developments in the Bitcoin Cash Split

Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins last week: “Bitcoin Cash ABC” (BCHABC) and “Bitcoin Cash SV” (BCHSV). One week later, the Bitcoin Cash ABC chain has accumulated more proof of work and has been “ahead” of the Bitcoin Cash SV chain practically since the split.
One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments

One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments

Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV). At the time of writing, the Bitcoin Cash ABC chain has more accumulated proof of work, and its native currency, BCH ABC, is trading higher on (futures) exchanges.

BCHABC Price Loses Ground as Client Update Triggers Backlash

As the Bitcoin Cash struggle for control rages on, a lot of eyes are on the individual prices of BCHSV and BCHABC. Depending on which exchange one uses, BCHABC may even be labeled as BCH these days, which makes things even more confusing. One notable trend is how the BCHABC price is effectively decreasing as of late, which puts a different spin on this ongoing debacle. BCHABC Price Faces a Major Struggle A very interesting battle between BCHABC and BCHSV is going on.
After the Fork: Here’s How Exchanges Are Dealing With Bitcoin Cash

After the Fork: Here’s How Exchanges Are Dealing With Bitcoin Cash

The smoke is still clearing from Bitcoin Cash’s hard fork, but exchanges have already moved in to add support for the products of the skirmish. On November 16, 2018, what was intended to be a routine hard fork upgrade of the Bitcoin Cash blockchain became a struggle for hashing power and chain dominance as Bitcoin Satoshi’s Vision (SV), led by Craig S.

Bitcoin SV Price Briefly Surpasses BCHABC as Pump Intensifies

As the Bitcoin Cash fork draw near, there is a renewed interest in trading the pre-fork coins on the exchanges which support it. At this time, it seems there is a genuine interest in Bitcoin SV, whereas Bitcoin ABC is quickly losing ground. This seems to further confirm Bitcoin SV is effectively gaining support at least among speculators. Bitcoin SV Price Rises Spectacularly It has been quite interesting to keep an eye on how this pre-fork trading is shaping up.

Bitcoin Cash Price Remains Stable as Pre-fork Trading Volatility Increases

Today and tomorrow will be two incredibly important dates for Bitcoin Cash. The upcoming hard fork is a very controversial development which can have all kinds of side effects. So far, the Bitcoin Cash price is holding its own despite all of the controversy. Finding stability near $520 would be a semi-bullish signal for the future. Bitcoin Cash Price Needs Solid Support Despite a relatively steep price rise last week, the value per BCH has not found any real stability to speak of.

XLM Price Surges Despite Hard Fork Scam Concerns

In the world of cryptocurrencies and digital assets, things are looking a bit bleak once again. Weekends are hardly known for positive trading momentum, and this time around is not all that different. The Stellar price is on the rise a bit, although the value may struggle a bit to reach $0.3 again. Some recent ecosystem developments also have people on edge, for obvious reasons. Stellar Price Momentum Looks Intriguing It is always difficult to determine where the markets are headed over the weekend.

Bitcoin Cash Price Remains Under Pressure Despite Pre-Forked Coins Trading at Lower Values

There has been a lot of talk regarding the upcoming Bitcoin Cash hard fork. Although there is a lot of support for the second chain across exchanges, it seems the BCH price is not going through a positive spell right now. In fact, its losses are slowly piling up as the week continues. That is a bit unfortunate, albeit it is evident this trend will not relent anytime soon. Bitcoin Cash Price Continues to Dwindle Compared to what Basic Attention Token is going through, the Bitcoin Cash downtrend is not something to be concerned about.

Upcoming Bitcoin Cash / Bitcoin SV Hard Fork: The Situation So Far

There is a lot of excitement surrounding Bitcoin Cash at this time. There is a good reason for that, as the network sis et to undergo a hard fork. Similar to other altcoins, there will effectively be an attempt to split the network into multiple chains, as numerous forks may emerge as “viable” come November 15th. This also makes it difficult for exchanges to confirm support of the forks in question. The Bitcoin Cash Hard Fork Scenario Introducing a hard fork is always tricky.
BitMEX Launches New Fork Monitoring Website to Keep Track of Bitcoin Forks

BitMEX Launches New Fork Monitoring Website to Keep Track of Bitcoin Forks

BitMEX just launched a website to make it easier to keep tabs on hard and soft forks on the Bitcoin blockchain. According to a recent blog post, the research arm of BitMEX is sponsoring a new website, ForkMonitor.info, which is connected to 13 nodes of Bitcoin and its hard forks, most notably Bitcoin Cash.

Bitcoin Cash Price Surpasses $575 For the First Time Since September

This past week, there has been a lot of attention on Bitcoin Cash. The alternative version of Bitcoin is getting plenty of attention due to its price rise and upcoming hard fork. It appears the upward momentum is still ongoing, although users keeping an eye on the fork will need to remain somewhat cautious first and foremost. Bitcoin Cash Price Uptrend Continues Although most people expected the Bitcoin Cash rise to end as of today, things have turned out in a very different way.

Garzik Forks UnitedBitcoin Away from "Maximalists" to Support Altcoin Communities

A new project called UnitedBitcoin (warning: the site autoplays audio) promises to add smart contract features using the UTXO model, support for the lightning network and SegWit, and eight-megabyte blocks.

Now the SegWit2x Hard Fork Has Really Failed to Activate

In case there were any remaining doubts, it now seems clear that the SegWit2x hard fork will not happen. The SegWit2x project, a product of the New York Agreement signed onto by a long list of companies and miners in May, had scheduled a hard fork to double Bitcoin’s block weight limit today.

De-briefing Ethereum’s Parity Predicament: What’s Next?

After an unidentified actor “accidentally” triggered a series of bugs that destroyed approximately $150 million worth of digital currency, the world waits for a substantive answer — is this vulnerability an anomaly? An “I told you so”? Or a humbling opportunity to secure the Ethereum network? What Happened? On November 6, “Devops199,” an alleged amateur programmer, set off a chain of bugs on Parity, a popular digital wallet for Ethereum.

De-briefing Ethereum’s Parity Predicament: What’s Next?

After an unidentified actor “accidentally” triggered a series of bugs that destroyed approximately $150 million worth of digital currency, the world waits for a substantive answer — is this vulnerability an anomaly? An “I told you so”? Or a humbling opportunity to secure the Ethereum network? What Happened? On November 6, “Devops199,” an alleged amateur programmer, set off a chain of bugs on Parity, a popular digital wallet for Ethereum.

Parity Ponders Hard Fork Fix for 160 Million in Frozen Ether

Parity Technologies has released an update about their investigation into the multi-signature wallet bug that permanently froze hundreds of millions of dollars worth of ether. Unfortunately for wallet owners, the analysis has not yet revealed any turnkey solutions. Last week, 587 wallets containing a total of 513,774.16 ether — worth $161 million at current exchange rates — were permanently locked following the exploitation of a vulnerability in the library contract that governs Parity’s multi-sig wallets.
Bitcoin Gold Launches to Little Fanfare

Bitcoin Gold Launches to Little Fanfare

The bitcoin gold (BTG) network activated on Sunday with the idealistic goal to “make bitcoin decentralized again” by blocking the use of ASIC miners, but several metrics indicate that it faces significant obstacles in its quest to fulfill that mission. Bitcoin Gold Network Launches Though technically an altcoin, bitcoin gold is the latest cryptocurrency created by forking the bitcoin blockchain — rather than just its source code.
Bitcoin Gold Launches to Little Fanfare

Bitcoin Gold Launches to Little Fanfare

The bitcoin gold (BTG) network activated on Sunday with the idealistic goal to “make bitcoin decentralized again” by blocking the use of ASIC miners, but several metrics indicate that it faces significant obstacles in its quest to fulfill that mission. Bitcoin Gold Network Launches Though technically an altcoin, bitcoin gold is the latest cryptocurrency created by forking the bitcoin blockchain — rather than just its source code.
Bitcoin Gold to Launch on November 12, But Will Anyone Care?

Bitcoin Gold to Launch on November 12, But Will Anyone Care?

The Bitcoin Gold developers are preparing the cryptocurrency’s network for its official launch. As CCN has reported, bitcoin gold (BTG) is an altcoin that will be created through a fork of the main bitcoin blockchain. Consequently, like bitcoin cash, it will have a shared blockchain history with bitcoin up until the fork.

Mysterious Group BitPico Threatens to Execute the Bitcoin Hard Fork

A mysterious individual or group operating under the name “BitPico” has vowed that it will activate the SegWit2x hard fork as planned despite the decision by leading proponents to suspend the controversial scaling proposal indefinitely. As CCN reported on Wednesday, a group of leading SegWit2x advocates — including developer Jeff Garzik, project lead Mike Belshe, and Bitmain CEO Jihan Wu — published a joint statement calling off the hard fork until consensus for the upgrade could be achieved.
2x Called Off: Bitcoin Hard Fork Suspended for Lack of Consensus

2x Called Off: Bitcoin Hard Fork Suspended for Lack of Consensus

The organizers of a controversial bitcoin software update are suspending their attempt to increase the block size by way of a hard fork. Known for its strong early support from bitcoin startups and mining pools, the plan, called Segwit2x, or simply '2x,' was to trigger a block size increase at block 494,784, expected to occur on or around November 16th. The goal of the project, according to those involved, was to use the measure to increase bitcoin's transaction capacity, which is today constrained by the nature of the software's rules.
Bitcoin Price Remains Above $7,200 Despite Sell-Off of B2X-Expecting Investors

Bitcoin Price Remains Above $7,200 Despite Sell-Off of B2X-Expecting Investors

Subsequent to the cancellation of the SegWit2x hard fork, the bitcoin price experienced an abrupt surge from $7,300 to $7,900. Upon reaching a new all-time high, bitcoin price has since fallen to $7,200. As CCN previously reported, highly regarded analysts and bitcoin researchers including Will Woo of Woobull.
Bitcoin Price Achieves New All-Time High at $7,800, as SegWit2x is Canceled

Bitcoin Price Achieves New All-Time High at $7,800, as SegWit2x is Canceled

Earlier today, on November 8, BitGo CEO Mike Belshe announced the end of SegWit2x on the SegWit2x Mailing List. Shortly thereafter, the bitcoin price surged to $7,800, achieving a new all-time high. Many of the major supporters of SegWit2x including ShapeShift CEO Erik Voorhees, Bitmain founder Jihan Wu, Xapo CEO Wences Casares, Blockchain CEO Peter Smith, and SegWit2x lead developer Jeff Garzik signed the official announcement of Belshe, officially announcing their withdrawal of support from the SegWit2x hard fork.

SegWit2x Hard Fork Called Off: ‘Common Sense’ or ‘Delaying the Inevitable’?

The controversial SegWit2x fork has been suspended indefinitely, with promoters citing a lack of consensus for the November 16 software upgrade. SegWit2x Called Off The suspension was announced by SegWit2x project lead Mike Belshe in an email distributed to the SegWit2x mailing list, but it also bore the signatures of Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith, and Erik Voorhees.