said in remarks shared with CCN. Bitcoin SV, however, has refused to concede that it has lost the hash war. We have observed that a majority of exchanges are using the Bitcoin Cash (BCH) to refer to the Bitcoin Cash ABC implementation. As traders look toward this upcoming hard fork, Bitcoin Cash is benefiting from rising "interest and volumes stated Oliver Isaacs, blockchain investor, advisor and influencer. This will bleed Bitmains cash and cryptocurrency reserves, because we are prepared to fight for months and months. Disclosure: I own some Bitcoin, Bitcoin Cash and Ether. However, several exchanges have allowed traders who are already holding BCH on their platforms to split their coins into bchabc and BSV futures that are tradeable but not currently withdrawable. Noting that the fork was something of a soap opera, he said that it could cause some investors to become disillusioned with BCH altogether. The, bitcoin ABC team just announced a May 15th hard fork for the Bitcoin Cash network. BSV, meanwhile, had stabilized around 104 after briefly dipping as low.
Even if the SV mining collation do catch up with ABC or if they manage to do hostile chain re-orgs, its highly unlikely BCash ABC users investors will ever switch to follow. Market Has Consistently Favored bchabc Virtually every cryptocurrency exchange froze bitcoin cash trading ahead of the fork, and no major platform has reopened unified BCH markets, nor will they do so until there is apparent consensus behind one chain or the other. A Major Challenge, as digital currencies experience rising adoption, scaling remains one of the biggest challenges to their success, noted analyst Sebastio Coelho. Bitcoin Cash was created with these considerations in mind, using 8MB blocks instead of the 1MB blocks used by the more traditional Bitcoin. Note: Once the dust finally settles, Bitcoin ABC is expected to retain the Bitcoin Cash (BCH) label. As of the time of writing, roughly 185 blocks had been mined under the new consensus rules, and the bchabc chain was 30 blocks ahead of BSV, according. Calvin Ayre, the owner of, coinGeek the largest bitcoin cash mining pool was SVs other major backer.