Much of the Bitcoin Cash communitysupports the plan to implement the fork in November and is ready to switch its computing power to closing Bitcoin Cash Node (BCHN) blocks.
According to Coin Dance, the upcoming split is unlikelywhether it can be avoided, since after the recent support from the mining pools BTC.com and Antpool, BCHN supporters collectively own 82% of the current bitcoin cash hashrate. Currently, 700 of the 1262 BCH network nodes that closed 630 of the last 1000 blocks are in favor of a fork.
The reason for the next split in the Bitcoin communitycash was the adoption of the Coinbase rule, according to which, from November 15, miners will have to send 8% of the income from the closure of new blocks to the cryptocurrency development fund, controlled exclusively by the main developer Amori Sechet. The plan to introduce such a tax was criticized, and opponents began to actively discuss the BCHN offshoot, funded by voluntary contributions from members.
It is important that in order to survive, the fork will need to constantly have a higher hash rate than the bitcoin cash, because as soon as its blockchain becomes shorter, it will be automatically destroyed.
The crypto community hopes that the November schism will not have such a strong impact on the digital asset market as the “hashrate war” did. end of 2018.
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