Today is the date when the Bitcoin Cash hard fork will take place as an upcoming update which will impose relatively simple technical changes to its consensus mechanism which won’t split the chain. The Bitcoin Cash news show that disloyalty and manipulation among miners have refocused the conversation ahead of the November 15 fork.
The issues have gone unaddressed in the “planned hard fork” that is coming tomorrow – a term which has been politicized to mean community strife and a chain split. In this case, this is something that is about to happen.
As reported before, the minor upgrades are compatible with all miners and should enhance basic functionality for users across the chain. This is something that is hard to disagree with and the only echo of dissent is heard by the people who believe the recent anomalies indicate that BCH is in need of more serious repair.
The problems in both the Bitcoin (BTC) and Bitcoin Cash (BCH) communities are still intertwined even years after their separation. The similarity of the BCH and BTC blockchains for mining and the ease with which miners switch between them are two of the largest issues which are now plaguing both chains in terms of providing the best payment conditions.
As BCH itself is set for a new iteration which is termed Bitcoin ABC, the community is arguably neglecting a potentially flawed Difficulty Adjustment Algorithm (DAA) which was updated in a widely criticized proposal by the BCH influencers two years ago.
Despite its relatively short lifespan, Bitcoin Cash has been in the cryptocurrency news for its number of controversies so far. It has a history full of issues and ever since it split from BTC via a hard fork (on August 1st, 2017) it has troubled users with disagreements over how to adjust mining difficulty, how to best scale and other issues.
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On the other hand, the algorithm of Bitcoin Cash may have been ideal in the way that it assumed an equitable and fully decentralized ecosystem in 2017 which would be supported by individual users – rather than the large mining groups and ASIC miners of today.
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