Bitcoin Cash successfully forked, but nobody seems to care

Bitcoin Cash has successfully gone through a scheduled fork at 12:00 GMT on Nov. 15, mostly adding minor upgrades to the code.

Unlike last year's fork which gave birth to BSV, the event has come and gone largely unnoticed by the crypto community.

One of the more divisive coins on the market, Bitcoin Cash, has had quite a scandalous fork last year, giving birth to two new assets that competed for the market share.

Apart from a brief withdrawal and deposit suspension on several exchanges, the fork had no major effect on the market.

While BCH's price remained relatively stable in the days preceding the fork, it dropped just over 4 percent after the fork was finalized.

BitMEX Research, the research and analytics arm of crypto derivatives exchange BitMEX, following the fork.

The company announced that the last common block, where both the old and new clients of BCH have the same set of rules, has been produced at around 13:15 UTC. Later in the day, after the network stabilized, BitMEX research found that the fork was a well-implemented, clean, and symmetric split.

According to ForkMonitor, the newly forked chain, the final common block was mined at height 609,136 by BTC.com and was first seen and accepted as valid by Bitcoin ABC 0.20.6.

There are six more months to go before BCH's next fork, which will happen around the same time as Bitcoin's halving, according to current estimates.

The timing of the next fork will ensure a more significant market reaction, even if the upgrades themselves remain minor.