Skip to content
Back to Guavy Wire
Crypto

Bitcoin Forks: What Does it Mean for BTC's Security and Identity?

Instruments
BTC BCH BSV BTG
Share

A renewed debate among prominent Bitcoin voices has reignited questions about whether the 2017 UTXO forks preserved BTC's security and identity.

The dispute centers on which changes preserve Bitcoin's original network and which create separate chains with different security assumptions.

Bitcoin Cash split from the main chain at block 478,558 on August 1, 2017, but retained SHA-256d mining, as did its derivative BSV. In contrast, Bitcoin Gold adopted Equihash, while Bitcoin Diamond moved to the X13 algorithm.

This has led some to question whether these changes compromise Bitcoin's security and identity.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc