Categories: Bitcoin Business

Bitcoin SV Left a Number of Nodes Behind After the Recent Shift to New Blockchain

Click here to view original web page at

Bitcoin SV was shifted to a new blockchain, a process called ‘hard fork,’ on July 24. With the new upgrade, the block capacity was increased to 2GB, which now allows higher transactional volumes. While the upgrade saw the majority of the BSV nodes being shifted smoothly, many of the older nodes were separated from the chain. Though this doesn’t seem to be a big issue, it surely reflects the fervent infighting between crypto developers.

As per recent reports, about 20% of the Bitcoin SV nodes are still operating on the previous version of the network. Though it still remains unclear as to why the nodes didn’t make it to the next level, it could either because they didn’t get the memo, or the operators didn’t agree to accept the changes and opted out in protest. An unnamed representative of BitMEX Research, the research arm of the leading crypto exchange said,

There was a hard fork on BSV which resulted in a chain split, the new hard fork rules chain and the original rules chain. Most of the BSV economy and miners followed the new hard fork chain. The old original chain still exists, but has little economic significance, other than miners wasting money mining on it.

Bitcoin SV (Satoshi Vision) is the brainchild of Craig Wright and the self-proclaimed creator of Bitcoin (Satoshi Nakamoto). It was initially forked out of the original Bitcoin blockchain. While Wright is busy fighting for his largely criticized and rejected claims, the nodes being left behind aren’t the only issue that BSV is facing.

Just a few ago, a considerable part of the BSV nodes faced issues processing a 210MB block. The nodes facing problems got stuck, being unable to send or relay transactions on the upgraded BSV blockchain. Despite Bitcoin SV being among the prominent crypto-blockchain players, the network needs to seriously sort out the mushrooming issues, which could not only create an unnecessary hassle for users but also hinder growth and development.


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Gartner sees blockchain as ‘transformational’ across industries, in 5-10 years

Credit: Dreamstime Research firm Gartner, whose past evaluations of blockchain have been conservative to say the least , expects the… Read More

5 hours ago

The Future Lies in Blockchain: Circle CEO Jeremy Allaire Backs China’s Cryptocurrency and Facebook’s Libra

The year is 2017. Cryptocurrencies and their underlying blockchain technology are sternly poised to take over the world. Investors, all… Read More

5 hours ago

Ethereum-based Staked Not Efficient, Claims DeFi Builder

Much like banks, there is competition with the Ethereum decentralized finance (DeFi) ecosystem; each protocol and ecosystem offers different benefits… Read More

5 hours ago

$20M Bond Trade on Ethereum Settled by Santander Bank

Banking giant Santander has just settled a $20M bond on the Ethereum blockchain. The bank settled both sides of the… Read More

5 hours ago

Aventus Announces Ethereum-Based Protocol to Enhance Ticketing Industry

The digital assets-focused blockchain-based protocol, Aventus, revealed its next code release Aventus Classic designed to create a more equitable and… Read More

5 hours ago

African Bitcoiner Returns 7.8 BTC ($80k) He Mistakenly Received

In an industry where people lose their crypto-assets for even the most minor lack of security consciousness, an African bitcoin… Read More

11 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More