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Upstart Bitcoin Cash challenger BCHN gains miner majority ahead of fork

The Bitcoin Cash community appears to be signaling support for the upcoming BCHN fork, with 82% of hash power supporting the implementation. The potential Bitcoin Cash fork in November is looking increasingly likely, with 63% of the last 1,000 BCH blocks being mined using the community’s breakaway Bitcoin Cash Node (BCHN) implementation. BCHN appears to be ahead on multiple fronts. According to data published by Coin Dance, in total, roughly 82% of the hashrate on the Bitcoin Cash network are currently signaling support for BCHN, following recent support from the BTC.com and Antpool mining pools. And more than 700 of…

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Prepping for an Airdrop: Prominent BCH Community Members Bid Bitcoin ABC Devs Farewell 

On August 18, 2020, the Bitcoin ABC development team announced a “feature freeze,” which will include a new Infrastructure Funding Plan (IFP) and a week later explained it was also initiating a “governance council.” Despite the recent announcements, Bitcoin ABC has lost considerable support and it appears the project will separate from Bitcoin Cash come November 15. During the last few weeks, there’s been a lot of contention among the Bitcoin Cash (BCH) community. The controversy really heated up after the Bitcoin ABC development team decided to adopt Jonathan Toomim’s ASERT Difficulty Adjustment Algorithm (DAA), but also included the controversial…

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12 Bitcoin Cash-Fueled Flipstarter Campaigns Raise $1 Million

The Flipstarter platform has gained traction in the last five months raising $1 million in bitcoin cash for 12 different campaigns. In a recent read.cash blog post, the team behind Flipstarter’s development said the application demonstrates how “stakeholder funding of the commons can work.” At the end of February, news.Bitcoin.com reported on the creation of a noncustodial bitcoin-cash powered fundraising application called Flipstarter.cash. A week later, the developers announced the first fundraisers held on the newly developed application. One of the first fundraisers was dedicated to one of the BCH community’s most popular nonprofits Eatbch. The organization leverages bitcoin cash…

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Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations

There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule. Moreover, during the last few days, a few groups of bitcoin cash miners have been signaling “Powered by BCHN” in the block’s coinbase parameters. The controversy in Bitcoin Cash land continues, but now most of the conversation is turning to watching miners. On August 5, news.Bitcoin.com reported on how the BCH…

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Bitcoin Cash Difficulty Algorithm Debate Heats Up With Fears of Another Chain Split

With a touch more than three months left until the next Bitcoin Cash upgrade, crypto proponents have been witnessing a new quarrel rise after last year’s contentious Infrastructure Funding Proposal (IFP). This time around, the tensions derive from the Difficulty Algorithm Adjustment (DAA) discussion which is a conversation about replacing the network’s current DAA. Every six months the BCH community plans for an upgrade and this coming November, a number of users are concerned about another chain split. There is a lot of infighting within the community at present and among BCH developers as well. The story allegedly derives from…

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