RATE Group | Bitcoin SV Splits Into Three Chains Following 210 MB Block
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Bitcoin SV Splits Into Three Chains Following 210 MB Block

11 Aug Bitcoin SV Splits Into Three Chains Following 210 MB Block

Posted at 23:54h in Bitcoin News by

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Following a recent hard fork of Bitcoin SV (BSV), the network saw a three-chain split after a massive 210 megabytes (MB) block was mined.

As reported by BitMEX Research on Aug. 3, Bitcoin SV nodes divided into three groups on Saturday, making the network to split into three separate chains. According to the report, 65% of nodes were located on the current tip, while 17% were stuck on the 210 MB  block and 19% had not even upgraded and were on the old pre-hard fork chain.

Bitcoin SV node chart.

Bitcoin SV node chart. Source: Twitter

According to data from Coin Dance, the 210 MB block was mined on Aug. 3 by CoinGeek miner and involved 808,633 transactions.

Bitcoin SV, a hard fork of Bitcoin Cash (BCH), which is in turn a fork of the major cryptocurrency Bitcoin (BTC), successfully ran its own scheduled hard fork on July 24 as part of plans to increase its block size from the previously set limit of 128 MB up to 2 gigabytes.

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Prior to the three-chain split, Ryan X. Charles,…

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