The not too long ago forked BCHA chain is at present underneath assault by an nameless miner that’s trying to drive no matter is left of the chain into non-existence.
The nameless miner, often known as voluntarism.dev has modified the Coinbase rule so that every one miners must ship 100% (as a substitute of 8%) of the block rewards to the IFP handle.
It is a tender fork and these blocks are thought of legitimate by different miners for the reason that ABC rule is that no less than 8% must be donated however voluntarism.dev will orphan any block by miners working pure ABC (not sending 100%).
The notion appears to be that the ‘miner tax’ imposed right here is unfair, and if BCHA needs to take 8% of the reward from the miners, why not simply take all of it fully? Miners would primarily be pressured into going bankrupt or to cease mining BCHA.
voluntarism.dev said on Twitter,
“The quantity of worth that ABC stole from BCH pales compared to our expenditures. We’re a gaggle of old-guard miners and whales. We will do that for years. subsequent time you fork: use your individual genesis block, your individual pow algo, and construct your individual neighborhood. BCH is protected.”
Considerably surprisingly, the information seems to haven’t any impact on the BCHA value on Coinex, one of many exchanges that also helps BCHA after the onerous fork.
Nevertheless, cash corresponding to this one would must be delisted from an change that might be prone to a double-spend drawback, and as such a number of customers took to Twitter to name for Exchanges to delist ABC.
@coinexcom 1 individual is forcing reorgs & orphaning blocks that don’t meet their necessities. This poses an enormous safety danger to you through double spends. Deposits you affirm can disappear. Time to delist BCHA. https://t.co/gjj0UVSepB
— Keith Patrick (@keithpatrick05) November 27, 2020
Vitalik Buterin addressed this state of affairs in a Tweet, stating,
“Mining pool 51% assaults BCHA seemingly with the specific objective of destroying it. Will this be the primary true spawn camp assault on a PoW chain?”
Nevertheless, builders within the BCH neighborhood truly view this assault as a ‘defence’ for the community, with one person stating that Bitcoin ABC has fractured the BCH undertaking to seize 8% of the coinbase miners’ incentive.
On the time of writing a 2 block reorg had occurred on the community.