The CEO of nChain, Jimmy Nguyen recently decided to speak on the hash war that is presently plaguing Bitcoin Cash.

As miners vote on the two chains involved – Bitcoin Cash ABC and Bitcoin Cash SV – Nguyen decided to speak on the topic, starting with the hash burst. He theorized that the burst, even though it took place on the Bitcoin Cash side, it was subsidized from the BTC network directly.

Based on Nguyen’s assumption, he says that this action was taken “in order to artificially boost the support for Bitcoin Cash ABC far higher than it had ever been in the days and weeks leading up to the hard fork.”

Elaborating, he discussed the reasons why his own platform opted not to lend more hash to support the SV side.

Ultimately, nChain had the ability to offer thousands of petahash in support for SV, though they chose against it to avoid the consequences that the community for Bitcoin Cash would end up coming against. Based on his opinion, it would be deceitful to decide to move hash for a short period to the opposing network, using it to be victorious in the endeavor.

Nguyen commented, “The whole reason that such hash was available on the BTC network to move onto BCH is because the people who should have fought Bitcoin Core did not, and splintered off to create the Bitcoin Cash network, and allowed BTC to continue on. That’s perfectly fine. But now they’re borrowing hash, renting it, subsidizing it from the very network they so vehemently oppose many of them to try and claim a victory on the BCH network.”

When there are disagreements of this nature, considering the ruling model is essential. Think of the Nakamoto Consensus included in the original Bitcoin whitepaper – the plan was always to maintain a single Bitcoin network. However, now, this consensus is finally being tested. Nguyen noted,

“Satoshi Nakamoto could not have envisioned, at the time the white paper was written, that there was going to be some splintered-off network using the same hash algorithm. And with the idea of one CPU equals one vote, or miner hash power equals the vote, it was designed.” He added, “I’m sure most logical people can agree with it to recognize that the people who have an ongoing continuous invested interest in the network are the ones that should vote on a rule set.”

The supporters of ABC have already assumed themselves to be the victors, using Bitmain and other sources to move the BTC hash. However, to create a more supportable hash for the network, both Craig Wright of nChain and Calvin Ayre of Coingeek decided to take on a different course of action.