Hash Wars: A Successful BCH Upgrade and a ‘High Risk’ Exchange Listing
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Bitcoincash.org States Upgrade Was a Success
The Nov. 15 Bitcoin Cash (BCH) hash war has been quite the spectacle for many cryptocurrency observers to say the least. Almost four days have passed since the split and both chains are being mined by separate mining entities. On Monday the Bitcoincash.org website published an announcement to the public detailing that the “planned network upgrade is complete.”![Hash Wars: A Successful BCH Upgrade and a 'High Risk' Exchange Listing Hash Wars: A Successful BCH Upgrade and a 'High Risk' Exchange Listing](https://news.bitcoin.com/wp-content/uploads/2018/11/Nupgrde.jpg)
OP_CHECKDATASIGVERIFY which is also part of the roadmap, is a feature that allows a transaction to verify that it has been supplied with a valid signature and message — This will enable new applications to be built on the Bitcoin Cash network that wasn’t possible before.In addition, the organization explained the developers’ reasoning behind the added checkpoint. Bitcoincash.org’s fork notice states that a “malicious entity may have tried to attack the chain with deep reorgs.” In order to prevent an attack, the programmers used a tactic utilized by Satoshi Nakamoto in the early days of Bitcoin development. “Checkpoints have been used in every past Bitcoin Cash network upgrade including this Nov. 15 upgrade,” the developers added.
Voltaire, Kraken, Coinex, and the Wait for More Exchanges
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Custodial losses taken on due to attacks originating from Nchain or its affiliates will be socialized among all BSV holders on Kraken — Given the volatile state of the network and threats that have been made, Kraken cannot guarantee perfect custody of BSV.Further, the BCH pairs exchange Coinex has revealed it will be listing two markets with ABC commanding the BCH ticker. Coinex has also added BCHSV/BCH, BCHSV/BTC trading pairs on the exchange. Even though a few trading platforms have re-opened BCH markets, Bitcoin Cash proponents are hoping more exchanges will re-enable BCH transactions in the near future. Meanwhile, other market participants have been searching for safe methods and tools to split their coins. What do you think about the hash war? Do you think it is close to over? Let us know what you think about this subject in the comments section below.
Images via Shutterstock, Pixabay, Kraken logo, Voltaire Logo, and Bitcoincash.org.
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BCH bitcoin cash Bitcoin Satsohis Vision Bitcoincash.org blockchain split BSV BSV chain Chain Split Coinex Fork Hard Fork Hash Battles Hash Wars Kraken Nakamoto consensus nChain Nov 15 Split Successful Upgrade Upgrade Voltaire