Hello,
Looking at graphs from fork.lol (
https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.
So... I start wondering if this will be the end of bitcoin as we know it?
This is one of those challenges that will pass and at the end, we will realize that its just another way to keep the community busy and have something to talk about. If you are very observant there are always phases of discussion. Before the cancellation/suspension of SegWit's activation, the discussion was centred around SegWit and its effect on bitcoin, advantages and disadvantages but since that has been defeated which makes discussion around it not worthwhile, the next is to have some discussion like this throwing up.