Bitcoin Cash (BCH) Chain Underwent Rogue Fork Due to ‘Normal Bugs’
Reports showed that rogue blocks were produced on an inadvertent fork of the Bitcoin Cash blockchain, making transactions potentially unsafe for a short time.
The Bitcoin Cash (BCH) network underwent an anomaly as a planned update failed. Ten blocks that did not include transactions beyond the block reward were produced late on Wednesday. The glitch was temporary, and the network is producing blocks as usual right now. A fork monitor detected the two chains, of which one existed only for a limited time.
The blocks between 582,687 and 582,696 were mostly discovered by BTC.Top, while there were reports of the mempool not emptying, and some miners moving to mine rogue blocks. The Bitcoin Cash community received a memo stating those were “normal bugs”. For now, there are no reported losses from the rogue hard fork.
It is possible the bug that led to the rogue fork was known, but withheld, as a community member commented:
The reason for the fork was a scheduled update for the network, where some nodes continued to produce blocks without the update. The reason for the update was to add a privacy feature, known as Schnorr signatures, to the BCH blockchain. In the end, the update was considered a success, despite the short-term appearance of a rogue blockchain.
Others speculated that the chain splitting bug was introduced on purpose, by none other than the leading developer, Amaury Sechet. This version was passed a few days before the actual planned hard fork:
The state of the BCH ABC asset, led by the Bitcoin ABC team, is closely watched, ever since the competitive mining between two chains on November 15. This split was intentional, with some of the miners not siding with the update on purpose, later moving on to create Bitcoin SV (BSV).
Following the news of the update, the price of BCH rose along with the rest of the leading digital assets. BCH reached $416.36, recovering the $400 level for the first time since the November chain split.