Less Famous Bitcoin Cash Hard Fork Completed Successfully

in bitcoin •  7 years ago 

Bitcoin cash new software is well appreciated by the miners because new rules for reward distribution are in favor of miners as they try to get more profit out of mining. Reason behind hard fork was to adjust the network difficulty adjustment algorithm (DAA) and it appears that they have almost achieved their targets.Most of the network nodes have now migrated towards new software and it is most likely that fork will not create another crypto currency.

Changes in DAA will reduce the mining difficulty and they will keep the block time consistent. Sudden difficulty drops and spikes will also be compromised that's why most of the user believe that switching between bitcoin and bitcoin cash mining will stop. Miners will have to make a firm decision about mining one of the two crypto currencies.

After fork BCC community still believes that it could overtake BTC and it could become decentralized electronic cash system.

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Bitcoin isn't meant to be centralized around the miners. This is centralizing something that is meant to be decentralized. Ridiculous.

Nice posts.........I am to you follow me my follow please

Thanks for the great update.

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