Bitcoin Cash (BCH) is under siege, with both branched blockchains continuing to pour in hashing power and raising the prospect of a drawn-out battle for domination. Craig Wright, the main force behind the BCHSV branch, seems to believe that in the end, after months or even years, miners may take over and Bitcoin Cash may end up with just one blockchain.

https://twitter.com/ProfFaustus/status/1063375202262888449

The longer the two chains exist, the more they become established, especially in the trading ecosystem. The rule of the longer chain, or the higher hashrate, has not disabled the minority chain. Wright has promised the wars would go on with the support of miners, who are considered the most important factors on the network.

The hash wars…

This article appeared first on Cryptovest

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