New BCH Stats Reveal 2 Out Of 3 Bitcoin Cash Miners Back Craig Wright’s Satoshi Vision Client


TwoThirds Of Bitcoin Cash Miners Back Satoshi Vision Client

The Bitcoin Cash hash war continues with an unexpected – at least some days ago – result. Around 66% of Bitcoin Cash (BCH) miners are now supporting Craig Wright’s proposal known as Satoshi Vision. This hard fork and client proposal aims at following Wright’s position about how to scale the Bitcoin Cash network. Moreover, that also shows that the hash war is not ended and the result of the upcoming hard fork is still unclear.

According to data from CoinDance, 66% of Bitcoin Cash miners could be supporting Bitcoin SV proposal. At the same time, there is an estimated minimum of 54% supporting this client.

The situation does not look so promising for the Bitcoin ABC fork. There is a maximum of 32% of Bitcoin Cash miners that could support this proposal and a minimum of 19% that could support Bitcoin ABC.

If these numbers remain as they are now, the Bitcoin Cash hard fork could have Bitcoin SV as a winner. Craig Wright decided to launch a different proposal to Bitcoin ABC. Working with his research firm nChain, they have been attacking the Bitcoin ABC community and vice-versa.

When the Bitcoin Cash community was fighting against Bitcoin (BTC) and how to improve the network to scale with bigger block sizes, now the BCH community is divided between Bitcoin SV and Bitcoin ABC.

Jihan Wu, CEO and Founder of the largest ASIC miner producer, Bitmain, has been openly opposed to the proposal made by Craig Wright and Bitcoin SV. Indeed, he wrote a tweet in which he said that the whole BCH community is trying to kick ‘Fake Satoshi out.’

The interesting thing is that Charles Hoskinson, Cardano’s (ADA) founder, said that Wright is a ‘sociopath and dangerous to any project he joins.’ He commented in this way after spending some time with him in Rwanda at a crypto meeting.

The so-called ‘Bitcoin Jesus’ Roger Ver, has shown his support for Bitcoin ABC during the upcoming network upgrade. About Craig Wright, he said that is never easy to admit that ‘you have been fooled,’ suggesting that Wright was not being sincere with the community.

These conflicts and discussions in the Bitcoin Cash community led to a bad day for Bitcoin Cash in terms of price action. After registering an increase of 50% during the first days of November, Bitcoin Cash lost almost 20% of its price. It will be very important for BCH to remain above $500 dollars during the next days. Nevertheless, the upcoming hard fork has increased uncertainty in the community and BCH investors.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide