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Bitcoin Cash Experiences Bug During Scheduled Hard Fork Upgrade

May 15, 2019👎Bearish

In the course of a planned hard fork update, the bitcoin cash (BCH) network experienced difficulties processing transactions, cryptocurrency exchange BitMEX tweeted on May 15.

In April, Cointelegraph reported that bitcoin SV - the result of the hard fork of bitcoin cash last November - was struggling with its large block size following a series of block re-organizations. In the comments to its finding, BitMEX explain then that it detected two valid competing chains, with a split occurred at block 578,639.

Earlier this month, news broke that a single address was responsible for more than half of the bitcoin cash transactions in the previous month. The mystery account had made more than 587,000 transactions since it became operational on April 8 of this year.

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