Highlights:
- BCH recently soft forked its protocol with minor changes
- The fork has come and gone without much note from the market
- The price also seems unaffected as the market was unweary about the fork
A hard fork is a non-backwards compatible upgrade to an existing blockchain, meaning that all the network nodes on a blockchain must either comply with the fork and update their protocol softwares, or continue with he same outdated protocol by forming another separate Blockchain entity.
The bitcoin Cash Team recently released a hard fork with minor upgrades to the protocol. The Difficulty of the network prior to the fork was very volatile, mirroring the uncertainty there miners had towards the fork.
The minor upgrades are compatible with all miners and should enhance basic functionality for users across the chain — something that’s hard to disagree with. The only echo of dissent is heard by those who believe the recent anomalies indicate that BCH is in need of more serious repair.
This hard fork, however, has come and gone without much notice from the crypto community. While it’s hard to say whether it’s due to the minor upgrades that were introduced or a general decrease in interest in Bitcoin Cash, the market had quite a bland reaction to the code changes.
The planned hard fork of the Bitcoin Cash network has been completed, as the first block considered invalid by the older client.
Fork Monitor detected that the block at height 609,136 was considered invalid by the Bitcoin ABC 0.19.0 client. The block was accepted by Bitcoin ABC 0.20.6, confirming that the hard fork had completed as planned.