Nearly ten days ago, Bitcoin (available on Coinbase) Cash underwent its second scheduled protocol upgrade of the year. Most in the crypto community know that a ‘hard fork’ in the chain is the only way to upgrade proof-of-work consensus protocols. Just before this upgrade occurred, competing proposals emerged and split the BCH community in three. From the scheduled hard fork, three fractions of the Bitcoin (available on Coinbase) Cash blockchain emerged, and the Bitcoin (available on Coinbase) Cash hash war began.

Bitcoin (available on Coinbase) Cash Hash War

On November 15th, BCH was split into Bitcoin (available on Coinbase) SV, Bitcoin (available on Coinbase) ABC, and Bitcoin (available on Coinbase) Unlimited.

Bitcoin (available on Coinbase) ABC was led by Roger Ver, CEO of Bitcoin (available on Coinbase).com, and was the more conservative approach to the Bitcoin (available on Coinbase) Cash upgrade. Bitcoin (available on Coinbase) ABC was backed by Coinbase, Binance, and Bitmain.

Bitcoin (available on Coinbase) SV, or ‘Satoshi’s Version,’ was founded by Craig Wright, who’s also known as ‘Faketoshi.’ Wright has claimed in the past he was the original Satoshi Nakamoto who created Bitcoin (available on Coinbase) (BTC). Because of this, Wright has been slammed by other blockchain leaders such as Vitalik Buterin, co-founder and the face of Ethereum (available on Coinbase) (ETH). Bitcoin (available on Coinbase) SV seeks to increase the block size of BCH from 32MB to 128MB, a move which would focus on the network’s scale and capacity.

Bitcoin (available on Coinbase) Unlimited seeks to form a compromise between ABC and SV, asking for a vote between all BCH miners.