As Bitcoin (BTC) Nears 2020 Halving, So Is Hard Fork (BCH) But Fears Of Weakening Blockchain Arise
Bitcoin Cash Halving And Security Issues
Bitcoin Cash [BCH] has had a positive week, finally making gains enough for it to reach beyond $300. A price analysis by Beyond Crypto predicts that the price will trade around $250 to $300 throughout April.
Bitcoin cash proponent and CEO of Bitcoin.com Roger Ver recently argued that BCH was better than BTC, and stated that eth former was superior due to a higher level of acceptability among merchants in Japan.
There are those who speculate that Bitcoin Cash may be on its way to a fork. According to Long Hash, Bitcoin Cash may on its way to experiencing a halving event, which may thereby reduce the network’s security. The halving event will entail cutting the block subsidy in half. Once the block is halved, the block reward is reduced as well. It may also cause miners to experience a decline in security as well because of the high hash power needed for network security.