Bitcoin ABC Might End up being Dependent on the Bitcoin Cash Node

News • 2020/11/04 • by

Bitcoin cash node might be in control of Bitcoin ABC future.

Bitcoin ABC, The leading implementation of Bitcoin Cash, seems to be at the edge of offering one the way to a community-driven revolt, which was more like Bitcoin Cash Node.

Major updates

Coin Dance revealed that 75% of nodes are in favor of BCHN while 1% support ABC.

Bitcoin Cash Node mined 84.7% of Bitcoin Cash blocks effectuated in a day, unlike a 1.4% for Bitcoin ABC.

The inadequate response maybe because 8% of block rewards will be allotted funds controlled by lead dev.

At first, the lead developer Sechet was supported by top Bitcoin cash proponents alongside Roger Ver. Building pressure among the developers and backers led to the withdrawal support inducing Sechet to move to bring about Coinbase rule.

What do you think about this new development? Use the comment box to share your opinion.

Source: Cointelegraph.

Comments (6)

preciousw9908

visiblemoney

6 years ago

That is problem of decentralized democracy.

omogbai

6 years ago

The Bitcoin Cash blockchain is set to upgrade on Sunday, November 15 and it’s still expected that the network will bifurcate. So far, a number of crypto services have revealed contingency plans for the fork, and today’s data shows that at least 754 out of 1,000 bitcoin cash blocks were mined with the BCHN software.

exodusab

6 years ago

The vast majority of the BCH ecosystem has rejected the IFP being introduced by ABC ... You’ll have to explain why people’s coins suddenly dropped in value by over 90%, and then deal with switching chains after the fact.