The possible scenarios following the Bitcoin Cash hard fork
Here’s how it might go
- Scenario 1: Bitcoin ABC and Bitcoin SV remain independent chains, and the Bitcoin Cash brand is retired
- Scenario 2: Losses incurred during the hash war will force one side to give up
- Scenario 3: ABC changes proof of work to prevent a potential attack by SV
- Scenario 4: One side begins to attack the other
On November 15th at block 556767, the Bitcoin Cash network splintered into two competing factions: Bitcoin ABC and Bitcoin SV. Regular readers of The Block know we’ve been on the forefront of Bitcoin Cash debate — covering all the major events leading up the hard fork. The Block summed up the reasons for the debate, interviewed […]
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