Date: 15 November 2020 12:00 UTC
What is Bitcoin Cash forking event?
Forks modify the rules of a blockchain. The upcoming BitcoinCash (BCH) has two competing hardfork proposals, Bitcoin Cash (ABC) and Bitcoin Cash Node (BCHN). Most likely, this will result in a chain split and users holding BCH prior to the hardfork will recive the new asset.
The Bitcoin Cash network will be undergoing a contentious upgrade, otherwise known as a Hard Fork on November 15.
A fork occurs when a cryptocurrency's existing code is changed, splitting the blockchain into two divergent chains, which is why two distinct cryptocurrencies arise, such as BTC and BCH
happy Forking.