Despite an initial difference in mining speed between the two Bitcoin forks, an increase in BTC's hashpower has been steadily narrowing Bitcoin's supply lead. If Bitcoin continues to outpace Bitcoin Cash, the two could halve at around the same time.
Ever since it forked back in 2017, Bitcoin Cash has been struggling with maintaining a ten-minute block generation time it inherited from Bitcoin.
At first, both Bitcoin and Bitcoin Cash used the Difficulty Adjustment Algorithm, adjusting the mining difficulty parameter every 2016 blocks.
Introducing EDA caused significant problems with Bitcoin Cash mining, which caused it to become hundreds of thousands of blocks ahead of Bitcoin.
The overall increase in block numbers, mining speed, and hashpower meant that Bitcoin Cash was scheduled to halve more than a month before Bitcoin.
Recent increase in Bitcoin hashpower means it could overtake Bitcoin Cash.
Carter said that Bitcoin mining has been lagging behind Bitcoin Cash, which was more than 123,000 coins ahead of Bitcoin in November 2017.Fun fact: when BCH forked, mining was "Too slow", then "Too fast", and since the EDA, mining has lagged Bitcoin.
The difference between the halving of Bitcoin Cash and Bitcoin has been steadily decreasing since 2017, with Bitcoin Cash now being just 41 days ahead.This can also be expressed as "Days ahead" in the issuance schedule.
Carter said that if Bitcoin continues to narrow down its supply lead by 239 BTC per day, it will keep outpacing difficulty, both Bitcoin and Bitcoin Cash halvings could happen at the same time.
While this could only happen if Bitcoin keeps seeing its hashrate grow at the same pace it did since 2017, even a minor decrease in BCH's "Days ahead" would show just how much the Bitcoin network has organically grown.
Growing hashpower means Bitcoin and Bitcoin Cash could halve at the same time
gepubliceerd op Jul 16, 2019
by Cryptoslate | gepubliceerd op Coinage
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