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 whole BCH community are working together to kick Fake Satoshi out. The resisitence against cult leader proves the inner strength and sophistication of the BCH ecosystem!
— Jihan Wu (@JihanWu) November 9, 2018
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.
I spent five minutes with the guy in Rwanda and it was blantantly clear he's a sociopath and dangerous to any project he joins. Why did the BCH community embrace him with such welcoming arms?
— Charles Hoskinson (@IOHK_Charles) November 10, 2018
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.