Bitcoin Cash (BCH) Github Data Development Shows Very Low Activity

2018-7-17 19:18

No Activity And Empty Blocks: Bitcoin Cash in Development in a Ghost Town, Revealed by Github Data

Data harvested from Github repositories for both Bitcoin Cash and Bitcoin, has caused the latest in a series of harsh contrasts between the surface and deep network performance on social media in recent weeks.

Bitcoin’s statistics were uploaded on Twitter 15th, Bitcoin’s stats place massive number of orders compared to Bitcoin Cash. To be more specific, BCH Github activity has trailed since April and is nearly inactive when compared to the consistent progress made by Bitcoin.

There has been other under performance seen on the network as well with usage.

As another commentator noted on Saturday, Bitcoin Cash blocks suffered from a low volume of transactions – with one block being reported this last weekend to have a mere 5 kilobytes on it. Also, Ironic, the commentator added, Bitcoin was functioning with 2-megabyte blocks faster than the token that bragged about having an increased block size to being needed for the survival of BTC.

Red Flags For Centralization

Bitcoin Cash’s interesting status continues to spread controversy as BitPico – a group of investors, operating with anonymity that was until now championed by the now no-operational SegWit2x platform for scaling.

During the last week, the attack on BitPico has caused the group’s node to become banned, also leading to the renewed accusations of Bitcoin Cash’s Centralized operations. The status node was banned on the central network also, along with a bunch of virtual proxy servers. They switched to an entirely new IP, and are operating again (as read on Twitter, July 11th).

Currently, they are monitoring the IP addresses as they seem to be turning into different groups, potentially for the purpose of creating a fake decentralized network.

As far as Bitcoinist has previously reported, the new purpose of the test being done to start multiple forks of the Bitcoin Cash chain, following the thousands of attack nodes.

Bitcoin Cash officials have not yet released comments formally on the plans, while bitPico has already publicly stated it has no belief left in the power of the supposedly powerful altcoin’s knowledge base. They don’t think the BitcoinCash users get how simple one can bring the network down if wanted, BitPico stated last month.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95696.39 (+0.86%)
Объем 24H $67.22b
Изменеия 24h: 0.60 %, 7d: 2.57 %
Cегодня L: $93967.9 - H: $96238.42
Капитализация $1895.179b Rank 1
Цена в час новости $ 6785.41 (1310.33%)

bitcoin data github cash activity development deep

bitcoin data → Результатов: 126


Фото:

Bitcoin Breaks Above $28,000, Will Sharks & Whales Continue To Back Rally?

Bitcoin has broken above the $28,000 mark as on-chain data shows the key BTC wallets have been accumulating during the last few weeks. Bitcoin Sharks & Whales Have Been Accumulating During Past Month According to data from the on-chain analytics firm Santiment, the large BTC wallets have accumulated a combined $1.17 billion in the cryptocurrency […]

2023-10-2 17:00


Фото:

Bitcoin Holders Lock $537M In Profits, 2nd Highest Level In 2023

On-chain data shows the Bitcoin investors have locked in profits amounting to $537 million following the latest rally in the asset’s price. Bitcoin Entity-Adjusted Realized Profit Has Shot Up Recently According to data from the on-chain analytics firm Glassnode, BTC investors have just participated in the second-largest profit-taking event of the year. The relevant indicator […]

2023-6-23 00:00


Фото:

Bitcoin Whales Show Most Active Hour In 3 Months As BTC Breaks $30,000

On-chain data shows that Bitcoin whales have just had their most active hour in around three months as the asset has broken past $30,000. Bitcoin Whale Transaction Count Has Observed A Spike Recently According to data from the on-chain analytics firm Santiment, 259 whale transactions occurred two hours after the local top that the cryptocurrency has observed during the past day so far.

2023-6-22 16:30


Фото:

Bitcoin Holders Aggressively Accumulate BTC, Good News For Rally?

On-chain data shows that Bitcoin investors have shifted towards aggressive accumulation recently, something that may help sustain the rally longer. Bitcoin Accumulation Trend Score Has Tended Towards 1 Recently According to data from the on-chain analytics firm Glassnode, there is a structural similarity forming between the current and 2018-2019 BTC cycles. The indicator of interest […]

2023-4-4 16:30


Фото:

Bitcoin Price Strives For Stability As Whales Take Stockpiling To A Whole New Level

Bitcoin investors with the largest holdings in Bitcoin seem to have started making a comeback after they exited in the early signs of a crash in May, a report has shown. According to Glassnode, a blockchain data and intelligence provider that generates innovative on-chain metrics and tools for digital asset stakeholders, the number of coins held […]

2021-7-9 23:21