Bitcoin Cash battle becomes personal while the market slumps

As Bitcoin Cash hits a hard fork over reaching a consensus on which code version should be used, conflict between the main parties has heated up on all levels. Bitcoin Cash, which is the most well-known fork from the original Bitcoin, splits into two camps: Bitcoin Cash SV (Satoshi version) with Craig Wright (the guy who claims to be Sastoshi Nakamoto), Coin Geek and others, versus Bitcoin ABC which has Bitmain and now Roger Ver (Bitcoin Jesus), who has just swapped sides.

As the currency hits the hard fork, the exact next steps are confusing with some crypto exchanges freezing the coin for a few hours until things become clearer. Roger Ver has swapped sides, claiming he may have been deceived about Craig Wright, while the erstwhile Satoshi Nakamoto contender and friends are lashing out on all sides, against Roger Ver, Bitmain and even now dropping Vitalik Buterin in, with Craig Wright calling him Soy boy, which seems to be some alt-right masculinity insult. Apart from the insult trading, the real action will take place when it becomes clear which fork possesses the real hashing power, ie., which one the miners have followed.

The price of Bitcoin Cash enjoyed a speculative flurry, pre-fork in early November going from $455 to over $600, but now dropping back to around its original level.

This article appeared first on Cryptovest

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