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It's amazing. The more you dip into the rabbit hole of the Bitcoin SV and ABC cash equivalents, the more absurd the players' behavior is. While BCH was already looking to knock Bitcoin out of the throne, Bitcoin Cash SV was launched a few weeks ago to bring down BCH from the throne. Does this mean that Bitcoin Cash SV is the real Bitcoin Cash, is it the real Bitcoin? We will stay there because: The "BCH Forkception" is finished. Winner in points, but without technical coup de grace: Bitcoin Cash ABC, represented in a very visible way by Roger Ver.
It was a competitive match. Both players started with strong support, but they were finally at stake. Because BCH is first and foremost a thing: a brand. It was therefore particularly the question of who could bear the BCH mark and the associated symbol on the stock exchanges. Since BCH is the fourth largest cryptocurrency in terms of market capitalization, it was simply a lot of money.
Calvin Ayre throws the sponge
In view of this, it is all the more surprising to see how much the struggle has ended. Through a blog article about Calvin Ayre, the boss of CoinGeek SV, brandishes the white flag:
"We do not even want the name Bitcoin Cash BCH anymore, because Bitcoin SV is Bitcoin and not Bitcoin Cash (whatever that means)."
One can not help but think that the actors are gradually losing consciousness of what they really want and what separates them is to implement the "vision of Satoshi" in order to stay in the vocabulary from the BCH.
In recent weeks, billionaire Ayre has played a crucial role. Its CoinGeek mining site has temporarily contributed to over 60% of such a significant portion of haschate that it was not about decentralization. According to Coindance Coin, CoinGeek's hathrate currently represents only 13.19%, but now SVpool represents well over 63% of the cake.
As a result, Ayre's surrender is the decisive signal for the end of hash wars. It was already long overdue, as ABC had the lead over the entire race, even though it was temporarily tight. With Bitcoin SV's Top 10 ranking on Coinmarketcap, the result can be considered official. To say to John Lennon: The war is over.
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