BTC and BCH could halve at the same time?

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4 years ago

Lately, we have known that there is an increase of BTC's hashpower which is also due to the contribution of China, if Bitcoin continues to outspace Bitcoin Cash, this two could halve at the same time.

Fast BCH Mining

Bitcoin Cash is struggling to maintain a 10-minute block generation time it inherited from Bitcoin. BCH's goal is to maintain the same level of difficulty and speed as the original BTC has, and the BCH developers are doing several algorithms in order to achieve that.

BTC and BCH both used the Difficulty Adjustment Algorithm (DAA) but BCH used another algorithm in addition to DAA. The Emergency Difficulty Adjustment (EDA) was designed to reduce the mining difficulty by 20% if less than 6 blocks in 12 hours are mined. The EDA has caused BCH hundreds of thousands of blocks ahead Bitcoin.

The overall increase of BCH mining and performance shows that it could halve more than a month before Bitcoin could.

Recent Increase in Bitcoin Hashpower

Due to the increase of Bitcoin Hashpower, it cancels the ability of Bitcoin Cash to halve Bitcoin more than a month before Bitcoin could. Carter said that if Bitcoin continues to narrow down its supply lead by 239 BTC per day, it will outspace Bitcoin Cash.

But Nic Carter also said that, the halvings could also happen at the same time.

What do you think?

Comment down your opinion below.

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4 years ago

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I think that Bitcoin Cash halving will take place more than a month before BTC halving.

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4 years ago

After all, the prediction is only based from Nic Carter's opinion. Let's just wait for the results.

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4 years ago