ABC vs CV: Assessing the Consequences of the Bitcoin Cash War

It has been more than a week since the Bitcoin Cash (BCH) blockchain was split into two during the fateful hard fork. Two opposing sides clashed over the future of BCH as an asset, and it is time to see where both parties stand, now that the dust has finally started to settle.

As described in an earlier Cointelegraph article, Bitcoin ABC (BCH ABC, where ABC stands for Adjustable Blocksize Cap) is spearheaded by the likes of Roger Ver, renowned BCH advocate, and Jihan Wu, co-founder of Bitmain, an extremely powerful mining outfit. It was founded back in July 2017 as part of the original BCH blockchain, but morphed into an independent entity as the conflict escalated and the split became inevitable.

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