In the middle of a deliberate arduous fork replace, the bitcoin money (BCH) community skilled difficulties processing transactions, cryptocurrency alternate BitMEX tweeted on Might 15.
Following the anticipated fork at block 582,680, the community purportedly started to expertise points with transactions.
BitMEX mentioned that the variety of transactions per block was low — zero within the final 9 blocks beginning at block 582,687.
Bitcoin money transaction per block. Supply: BitMEX
In keeping with knowledge from CoinDance, the best variety of blocks mined after the improve had been solely processing transactions on Coinbase. Within the meantime, BitMEX revealed that their mempool had 1,622 transactions.
Following feedback from the neighborhood concerning empty blocks, builders seem to have launched a patch to repair the bug.
In April, Cointelegraph reported that bitcoin SV — the results of the arduous fork of bitcoin money final November — was fighting its massive block measurement following a sequence of block re-organizations. Within the feedback to its discovering, BitMEX clarify then that it detected two legitimate competing chains, with a break up occurred at block 578,639.
On the time, BitMEX’s node reportedly adopted the chain on the left till block 578,642, which additional leapt to the precise. In about an hour the chain reportedly jumped again to the left facet. BitMEX notes that no double spending happened.
Earlier this month, information broke single tackle was answerable for greater than half of the bitcoin money transactions within the earlier month. The thriller account had made greater than 587,000 transactions because it turned operational on April eight of this yr.
At press time, bitcoin money is the fourth largest cryptocurrency by way of market capitalization on CoinMarketCap. The coin is presently buying and selling at round $394.76, having gained 5.44% over the previous 24 hours.