the result of a disagreement among members of the Bitcoin Cash

in #hopdh2 years ago

As a result of the fork, two new cryptocurrencies were created: Bitcoin SV and Bitcoin ABC (the original Bitcoin Cash blockchain). Both chains use the same proof-of-work algorithm, but they have different transaction formats and block sizes. Bitcoin SV miners began creating blocks larger than 64 MB in January 2019, which caused some nodes on the network to go offline.

The problem with Bitcoin SV is that it is not compatible with the existing infrastructure of the Internet. This is because it uses a different transaction format than what is used by other cryptocurrencies, such as Bitcoin and Ethereum. As a result, exchanges and wallets that do not support this new format will not be able to accept or store Bitcoin SV. Additionally, because its blocks are much larger than those of other cryptocurrencies, it is not possible to run a full node for Bitcoin SV on most personal computers. This could lead to centralization among miners and developers, which would defeat one of the main purposes of cryptocurrency

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