Two years after Bitcoin Cash executed its historic hard fork, BCH is still not Bitcoin. But that doesn’t mean it’s a failure. | Source: Shutterstock
Bitcoin Cash launched at Bitcoin block #478559, just over two years ago today. The Bitcoin block height as I write this is #588122.
The Bitcoin Cash blockchain just added #593909.
Two Years in Survival Mode
In the intervening 100,000+ blocks, the chain has successfully proven that it can survive a hostile marketplace, multiple technical attacks, and even the wrath of billionaire Calvin Ayre and self-proclaimed Satoshi Nakamoto Craig Wright.
Two years ago today, the crypto landscape was a different world altogether.
Roger Ver and Craig Wright were the best of friends, and there was serious talk of a Bitcoin corporate takeover.
Ethereum’s ICO era was in full swing, with dozens of ill-fated projects launching every week, relying on the generous crypto investment community for runway funding.
The jury is still out on whether that split was necessary. Prominent BCH community members like Honest.cash CEO Adrian Barwicki have said that the divorce had little to do with technical reasons and everything to do with personal differences.