BCH Chainsplits, Price Unmoved

bchn miners nov 15 2020

BCH has just chainsplit to BCHA and BCHN following much controversy firstly regarding a somewhat irrelevant technical detail on how to improve the difficulty adjustment and then regarding a new plan by BitcoinABC, now BCHA, to take a certain percentage of block rewards for development. “During the BitcoinCash network upgrade, which is now complete, a chain split occurred resulting in two chains: BCHA and BCHN. BCHA is focused on building sound global money by rewarding the technical talent that makes it happen,” said BitcoinABC. As it happens, miners and the market seem to have gone with BCHN, a generally anon team of coders, with the price of BCHA currently at just $13.50. The price of BCHN, instead, has changed only slightly from about $250 to $240 at the time of writing. It’s not clear whether there will be a BCHA as it has no blocks or miners while BCHN is…

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