What were the main reasons behind the BCH hash war?

3 answers

• Mar 19, 2022 · 3 years ago
  The BCH hash war was primarily caused by a disagreement over the future direction of the Bitcoin Cash network. One faction, led by Bitcoin ABC, wanted to implement certain protocol upgrades, while another faction, led by Bitcoin SV, opposed these changes. The disagreement escalated into a hash war, with both sides competing for mining power to secure their version of the blockchain. This resulted in a split of the Bitcoin Cash network into two separate chains, BCH ABC and BCH SV.
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• Mar 19, 2022 · 3 years ago
  The BCH hash war was like a battle for control over the Bitcoin Cash network. It all started with differences in opinion on how the network should be upgraded. Bitcoin ABC and Bitcoin SV had different visions for the future of Bitcoin Cash, and neither side was willing to compromise. This led to a competition for mining power, with both sides trying to gain majority support. Eventually, the network split into two separate chains, each with its own set of supporters.
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• Mar 19, 2022 · 3 years ago
  The BCH hash war was a significant event in the cryptocurrency world. It was sparked by a disagreement between two major factions within the Bitcoin Cash community. Bitcoin ABC, backed by influential figures in the industry, proposed certain changes to the network, which were opposed by Bitcoin SV, led by Craig Wright. Unable to reach a consensus, the two sides engaged in a battle for hash power, resulting in a split of the network. This hash war highlighted the challenges of governance in decentralized networks.
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