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Major Exchanges Are Already Distributing New Bitcoin Cash Tokens

Published 11/16/2018, 08:31 AM
Updated 11/16/2018, 08:45 AM
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After yesterday's split of the bitcoin cash blockchain, several top exchanges have already accommodated the resulting two tokens.

While the scheduled hard fork was originally intended as an upgrade to the network, the long-standard Bitcoin ABC version found itself with a rival network and token, Bitcoin SV, after it managed to garner enough support from miners.

Taking place at around 18:00 UTC Thursday, the event soon saw both networks producing new blocks, though Bitcoin ABC took an early lead. At press time, ABC has mined 34 blocks more than SV and has 59% of hash power, according to data from Coin Dance.

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