As program, the network promote took place successfully on the Bit coin Cash (BCH) network on November 15, 2018. That network promote is now fully complete.
Moving forward, crypto currency trading, block chain bitcoin wallet users can transact adequately knowing that the network continues to remain stable and secure.
For more advice on the upgrade and how it has benefited the Bit coin Cash (BCH) network, please find our arbitrary below.
Moving forward, crypto currency trading, block chain bitcoin wallet users can transact adequately knowing that the network continues to remain stable and secure.
For more advice on the upgrade and how it has benefited the Bit coin Cash (BCH) network, please find our arbitrary below.
How was the network promote beneficial?
The promote refined the Bit coin Cash (BCH) network by carry out new consensus rules that are beneficial for two reasons:
CTOR (Canonical Transaction Ordering Rule) allows faster block reproduction, digital currency investment consistent block structure, blockchain ledger technology auto bitcoin generator and helps builders build alternative clients.
OP_DSV capacitate the building of escrow features on-chain.
What happened during the network promote?
When the network promotes took place, a chain split occurred. If you owned Bit coin Cash at the time of the network promote, bit coin client wallet you received a separate coin created by this chain split.
The new coin is referred to as “Bit coin SV (BSV)“, blockchain enterprise while the authentic coin that underwent the planned network promote maintains the original name of Bit coin Cash (BCH) which foundation the current Bit coin ABC client implementation.
What happens now?
As a necessary augmentation in the evolution of Bit coin Cash (BCH), the upgrade continues to strengthen the BCH network.
Since the chain split, the hash rate, proof-of-work, existing infrastructure, and association support have all been frequently greater for Bit coin Cash (BCH) in comparison to Bit coin SV (BSV). This highlights the accomplishment of the network upgrade for BCH.
Bitcoin.com will continue to support the Bit coin Cash (BCH) network, bit coin client wallet and we’ll keep our association updated as the network progresses.
