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Bitcoin cash hard fork

Bitcoin Cash Still Missing 13% of Its Nodes 2 Weeks After Hard Fork

Wilma Woo
by Wilma Woo
Last Updated: May 28, 2018 8:00 pm
·
Posted in Bitcoin Cash, Altcoins, Bitcoin, News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Two weeks after its hard fork, 13% of Bitcoin Cash nodes are still running old software which is incompatible with the rest of its network, data reveals.


Theories Emerge Over Rogue BCH Nodes

As shown by Coin Dance and uploaded to social media by cryptocurrency commentator Ben Verret Sunday, Bitcoin Cash has so far failed to gain full support for its new fork, which split off from the main chain May 15.

13% of BCash nodes are still not following the new hardfork. https://t.co/AlKs8CyuFB pic.twitter.com/oJecVQ39hX

— Ben Verret (@verretor) May 28, 2018

The statistics present fresh controversy around Bitcoin Cash for certain cryptocurrency users, commentators this week also picking up on how Bitcoin (BTC) has outperformed the altcoin for the past week on network cost, and now has lower transaction fees.

When it came into being in August 2017, Bitcoin Cash proponents stated one of its essential features was to provide cheaper transactions than Bitcoin.

Debating with Verret, however, others suggested the 87% incorporated all nodes still being maintained, claiming the nodes not following the majority consensus were de facto dormant.

“If they would have any economic value they would continue mining unforked chain,” one response reads.

A Tellingly Quiet Disagreement?

Meanwhile, a similar report on the lack of consensus in Bitcoin Cash post-fork focused on the lack of publicity it received.

Bitcoin core developer Kalle Alm noted that 16-17% of nodes were not following the new chain May 16, adding “everyone would explode” if a similar phenomenon occurred on the Bitcoin network, whose nodes are running at 100 percent with the consensus rules.

“You can tell BCH is not bitcoin by looking at how not everyone is losing their shit all over the place,” he wrote.

Imagine if 20% of BTC nodes failed consensus? Everyone would explode. And there would be forks as miners are not just one dude running a farm.

BitcoinVPC creator grubles had gone further, describing the hard fork as “an epic screw up for a network marketed as a store of value and a medium of exchange.”

What do you think about Bitcoin Cash nodes’ inability to form consensus? Let us know in the comments section below!


Images courtesy of Shutterstock, Twitter

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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