Bitcoin SV (BSV) Chain Forks to Produce Rogue Block

Cryptovest

Published Jul 26, 2019 06:34AM ET

Updated Jul 26, 2019 07:41AM ET

Bitcoin SV (BSV) Chain Forks to Produce Rogue Block

The hard fork , and a miner produced a rogue block exploiting a loophole. But the chain did not split off, as only one rogue block was produced. The fork was deemed a success, for expanding the allowed block size to 2 GB.

A large block size is the chief aim of Bitcoin SV, a project dedicated to on-chain scaling. This also means that BSV would rely on known miners with dedicated hardware, instead of anonymous voluntary block producers. Distributing big blocks through the network is also harder.

The Bitcoin SV network also has a relatively low hashrate...

This article appeared first on Cryptovest

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