On the eve of the hard fork, the largest Bitcoin Cash client has lost community support

On November 15, the Bitcoin Cash network will host a planned hard fork, which, with a high degree of probability, will result in a new chain Bitcoin Cash Node (BCHN). Over the past week it has been dominant, confidently ahead in the number of nodes of the largest Bitcoin Cash ABC.

In the last seven days, 76% of nodes signaled support for BCHN, while support for ABC was only 1.1%.

Source: Coin Dance.

In August this year, Amori Sese announced an update to the network. By November 15, all nodes must update the software, otherwise they will remain on the alternate chain.

The update will introduce a new difficulty adjustment algorithm named ASERT. It is expected that, together with it, the issue of delays in block formation times will disappear.

Another novelty is the implementation of the Coinbase Rule. It will reject all blocks that do not contribute 8% of the rewards to the Bitcoin Cash development fund. This aspect sparked the main disagreements – a significant part of the community did not agree with such a proposal, releasing in response the BCHN client without support for this option.

Earlier, the founder of Bitcoin.com and one of the main supporters of Bitcoin Cash Roger Ver stated that on November 15 Bitcoin ABC and its lead developer Amori Sese will part ways with Bitcoin Cash.

These words imply that the Bitcoin Cash community will fight over which fork will have the right to brand Bitcoin Cash — Bitcoin ABC or BCHN.

The Binance exchange has already announced that it will support the longer chain and issue coins on a 1:1 basis in the event of the fork. BCH deposits will be suspended on November 15 at around 10:00 UTC, and the fork itself is expected to take place around 12:00 UTC.

Subscribe to ForkLog news on Telegram: ForkLog FEED — all the news feed, ForkLog — the most important news and polls.