Bitcoin cash november 15 hard fork create a new coin
You're referring to the Bitcoin Cash (BCH) hard fork that occurred on November 15, 2018.
To recap, Bitcoin Cash (BCH) is a fork of the original Bitcoin (BTC) blockchain, which was created in August 2017. The main goal of BCH was to increase the block size limit to 32 MB, allowing for faster and cheaper transactions.
On November 15, 2018, a new fork of BCH was created, which resulted in the creation of a new cryptocurrency called Bitcoin SV (BSV). This hard fork was the result of a contentious debate within the BCH community about the direction of the project.
The main reason for the hard fork was a disagreement over the implementation of a new protocol upgrade, known as "Satoshi Vision" (SV), which aimed to increase the block size limit to 128 MB and make other changes to the network. A group of developers and miners, led by Craig Wright, who claims to be the pseudonymous creator of Bitcoin, wanted to implement SV, while another group, led by Roger Ver, opposed the changes and wanted to maintain the existing BCH protocol.
As a result, the BCH blockchain was split into two separate chains: Bitcoin Cash (BCH) and Bitcoin SV (BSV). The BSV chain adopted the SV protocol, while the BCH chain remained with the original protocol.
The creation of BSV was a significant event in the cryptocurrency world, as it marked the first time a major cryptocurrency had undergone a hard fork to create a new, competing chain. The fork also led to a significant increase in the price of BSV, which reached an all-time high of around $250 in December 2018.
Today, both BCH and BSV continue to exist as separate cryptocurrencies, with their own communities, development teams, and use cases. While BCH has maintained a relatively stable price and has been used for various purposes, including micropayments and decentralized applications, BSV has struggled to gain widespread adoption and has seen its price fluctuate significantly over time.