After hardfork Bitcoin SV, a block of 210 MB was produced, and the network was divided into three chains

Hardfork Bitcoin SV led to the division of the network into three separate chains. BitMEX Research analysts pay attention to this.

According to the 420 bitcoin SV peers, the nodes are:

* 65% at the current tip
* 17% stuck on a large 210MB block
* 19% on the old pre-hardfork chain pic.twitter.com/hO98lFX9Zw

– BitMEX Research (@BitMEXResearch) August 3, 2019

The update on the Bitcoin SV network was successfully launched on July 24th. It aims to increase the block size, as reported in the project roadmap published by Craig Wright in November.

So, according to CoinDance , on August 3, a CoinGeek miner produced a block of more than 210 MB in size, containing 808,633 transactions. After this, Bitcoin SV nodes were divided into three groups: 65% continued to follow the chain, 17% remained on the large block, and 19% remained on the old chain used before the upgrade.

At the same time, the Bit Button-based payment service Money Button, shortly before the network split, reported problems with servicing its own node due to the fact that the latter had run out of memory.

“To keep the node expensive. Now, in order to operate it, you will need thousands of dollars a month. As the blocks continue to grow, we have to repeatedly update the implementation, which means this cost will grow. Since we do not make money on transactions like miners, it will be too expensive for us to manage the node, ”the service said.

It is noteworthy that the obvious problems with the Bitcoin SV network did not particularly affect the course of the coin. Thus, during the last week, the cryptocurrency correlated with other market participants:

Data: CoinMarketCap

Over the past day, BSV has grown by more than 4%. Also note that the asset is still among the top ten of the popular rating.

Recall that in the spring many large platforms announced the delisting of the Bitcoin SV coin in connection with the scandal involving Craig Wright, who was involved in a confrontation with the Bitcoin community.

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