The Bitcoin Cash hash war has no real winners

Yesterday, the Bitcoin Cash (BCH) blockchain split in two separate networks, each kicking off a new cryptocurrency. Now that Bitcoin Cash has forked into two rivalling cryptocurrencies – BAB, maintained by Bitcoin-ABC, and BSV, maintained by Craig Wright’s nChain – it remains to be seen which network will surface as the dominant chain. But before we dive into the initial fallout from the split, we need to address what factors go into determining what qualifies as the “dominant” chain. Height versus Work There are two main schools of thought when it comes to determining the health of a blockchain –…

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