Saturday , October 1 2022

We have caught 51 percent in Bitcoin Cash


Craig Wright, who claims to be Satoshi Nakamoto, suggested that the Bitcoin Silver network supports Bitcoin Cash SV, a protocol led by more than 51% of miners.

Wright, who interviewed Tone Vays, said that more miners would be supporting Bitcoin Cash SV, but they have not yet explained it. However, Wright fans have already exceeded the 51% threshold that has hashrate.

The data from Coin.Dance shows that the supported MPs (CoinGeek, Mempool, BMG and SVP) have achieved the hashrate advantage. All of these mining pits include 63.2% of the Bitcoin Silver network.

Getting the majority of the hashrate in a network means that if the BCH block chain has been shared, it can kill the opponent's block chain. If this happens, the BCH can become useless. However, it should be borne in mind that the miners are profitable, and may be able to attract support if the profitability is not sufficient.

Jihan Wu, the founder of Bitmain and the other, led by Roger Ver, continues his preparations for the hashrate threat. A few days ago, it was revealed that Bitmain was preparing to use 90,000 Antminer S9 mining units to excel in the hashrate war with local miners in China.

Bitcoin Money Bifurcation to come

He disagreed Bitcoin Cash over the update on November 15, which shared the community. Craig Wright and Calvin Ayre and Jihan Wu and Roger Ver are leading two groups. Both sides have different visions for the future of Bitcoin Cash.

The original Bitcoin Cash, Bitcoin ABC development team intends to support significant changes that will make atomic swaps easier in maintaining a 32 MB block size. On the other hand, the Bitcoin SV, designed by Craig Wright and Track, has a plan to increase the size of the block to 128 MB.

News: CryptoGlobe


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