Bitcoin Cash is on the march ahead of its upcoming network upgrade.
Hard Fork News
During a hard fork, blockchain networks split into two different chains. A cryptocurrency hard fork results in two blockchains, in addition to two separate assets: the original and the forked asset. Cryptocurrency hard forks can be a benign, consensual upgrade spearheaded by the community, or the culmination of bitter debates that split a community into two separate chains and assets.
Multiple notable contentious hard forks have occurred over the years. In 2016, as the result of a hard fork, Ethereum (ETH) split in two, resulting in Ethereum and Ethereum Classic (ETC). And in 2017, due to another hard fork, Bitcoin (BTC) split into Bitcoin and Bitcoin Cash (BCH). Developers may cooperatively implement hard forks based on consensus from multiple parties. Communities may choose to hard fork cryptocurrency for a number of reasons, such as improving network speed.
Analysts expect Ether price to rally to new all-time highs since the Berlin upgrade resulted in a drop in gas fees and a surge in DeFi activity.22046
Contrary to popular belief, EIP-1559 does not seek to reduce Ether’s congestion and gas fee issues — so, what is it for?69820
Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction.62953
New all-time highs are being witnessed all over the cryptocurrency market, and Ether is no exception.24941
The first Ethereum 2.0 hard fork is aimed to be a general test before introducing deeper changes.65169
IOHK is planning a "smooth upgrade path to Goguen."25088
The Ethereum 2.0 deposit contract is open. How are things progressing, and what comes next?28082
After being steamrolled in Bitcoin Cash’s most recent hash war, Bitcoin ABC shows signs of life with a new client release and a 70% rebound in price off a low base.14273
As Bitcoin Cash goes through another fork, Bitcoin Cash Node seems to be the emergent winner for now.24025
Users have sent more than $300M BCH through exchanges since Nov. 1, while assets under management at the crypto fund manager's Bitcoin Cash Trust have decreased.15683
With Bitcoin Cash’s Nov. 15 chain split looming, BCH hodlers have deposited more than $300 million worth of the coin into exchanges since the start of the month.18725
Geth developers to blame?9818
Trezor has announced it will wait to see the outcome of Bitcoin Cash’s Nov. 15 fork before pledging support for Bitcoin ABC or Bitcoin Cash Node10950
After months of escalating tensions between rival Bitcoin Cash implementations, the future of BCH appears to be firmly in the hands of Bitcoin Cash Node.10640