RATE Group | Bitcoin SV Nodes Crash Hard Following Genesis ‘Downgrade’
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Bitcoin SV Nodes Crash Hard Following Genesis ‘Downgrade’

Bitcoin SV Nodes Crash Hard Following Genesis ‘Downgrade’

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Following the Bitcoin SV ‘Genesis’ Hard Fork on Feb 4th, the number of nodes on the network has reduced dramatically. In a tweet this morning, Arthur van Pelt of Dragon Industries claimed that there were only around 250 nodes still servicing the network.


Nodes Don’t Follow Fork

Referring to the hard fork as the ‘BSV Genesis downgrade’, van Pelt explained that following the fork, 80-85 nodes seemed to have started a new chain of their own. Another 30 or so nodes had also been left behind in the process. This left only around 250 nodes actively securing the network, of 636 nodes a year ago.

Hypothesising on why this ‘split’ may have occurred, van Pelt suggested that:

It appears to me that those 85 (new chain) + 30 (didn’t downgrade either) are a mixture of inaccessible cloud nodes, ghost nodes, lazy/uninterested owners, etc. as no group has come forward to claim the second chain.

A commenter pointed out that running non-mining nodes would be a challenge with so many…

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