The Bitcoin Cash (BCH) network underwent a significant hard fork, resulting in two distinct cryptocurrencies: BCH SV (Satoshi's Vision) and BCH ABC. This article provides a detailed comparison of their technical specifications, supporters, and key differences.
Overview of BCH SV and BCH ABC
BCH SV (Satoshi's Vision)
- Developer Team: nChain
- Block Size: 128MB
- Hash Rate: 69–71%
- Blocks Mined: 5
- Mining Pools: SVPool, Mempool
Key Features:
- Rejects CTOR (Canonical Transaction Ordering Rule)
- No oracle support for smart contracts
Notable Supporters:
- Calvin Ayre
- Craig Wright
- CoinGeek
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BCH ABC
- Developer Team: Bitcoin ABC
- Block Size: 32MB
- Hash Rate: 18–28%
- Blocks Mined: 10
- Mining Pools: Bitcoin.com, BTC.com
Key Features:
- Implements CTOR for efficient block creation
- Supports oracles for smart contracts
Notable Supporters:
- Roger Ver
- Bitmain
- Bitcoin.com
Key Differences Between BCH SV and BCH ABC
1. Hash Rate Dominance
BCH SV currently holds a ~70% hash rate, significantly outperforming BCH ABC’s ~25%. Hash rate reflects mining power and network security.
2. Technical Upgrades
- BCH ABC adopts CTOR and oracles to enhance scalability and smart contract functionality.
- BCH SV prioritizes block size expansion (128MB) and aligns with Bitcoin’s original protocol.
3. Community and Backing
- BCH SV is backed by Craig Wright and advocates for "Satoshi’s Vision."
- BCH ABC is supported by Roger Ver and focuses on iterative improvements.
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FAQs
Q: What caused the Bitcoin Cash fork?
A: Disagreements over protocol upgrades (e.g., CTOR, block size) led to the split.
Q: Which fork has more developer activity?
A: BCH ABC’s team (Bitcoin ABC) is actively implementing new features.
Q: Can both chains coexist?
A: Yes, but market adoption will determine their long-term viability.
Q: How does block size affect performance?
A: Larger blocks (BCH SV’s 128MB) allow more transactions but require higher bandwidth.
Q: Which fork is better for smart contracts?
A: BCH ABC’s oracle support enables advanced smart contract use cases.
Conclusion
The BCH fork highlights competing visions for Bitcoin Cash’s future:
- BCH SV emphasizes stability and scalability via massive block sizes.
- BCH ABC embraces innovation with CTOR and oracles.
Investors and users should evaluate each chain’s technical merits and community support. For real-time updates, follow reputable crypto analytics platforms.
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