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Title: Bitcoin Cash Network Highly Centralized, 49% of all Nodes Run from Alibaba’s Post by: xxcsu on July 14, 2018, 11:23:47 PM Bitcoin Cash Network Highly Centralized, 49% of all Nodes Run on Alibaba’s Facilities: Bitpico (https://www.ccn.com/bitcoin-cash-network-highly-centralized-49-of-all-nodes-run-on-alibabas-facilities-bitpico/)
Weeks after announcing they would be launching an attack on the network of Bitcoin Cash, hacker group Bitpico has disclosed that the altcoin suffers from massive node centralization. However, the claims by Bitpico did not go unchallenged with some users posting conflicting statistics. According to bchnodes.online, for instance, Bitcoin Cash nodes are currently active in 48 countries spread around the world. The highest concentration of nodes is in the United States where approximately 28.26% of the nodes are located followed by China with 22.54% of the nodes. Germany comes in third with 10.95% of the nodes. |