Bitcoin Cash Upgrade Complete: 2 New Protocol Changes Added

Bitcoin Cash Upgrade Complete: 2 New Protocol Changes Added
фото показано с : news.bitcoin.com

2019-11-15 17:18

The Bitcoin Cash network has successfully upgraded the latest ruleset changes to the protocol. The BCH blockchain now features the enforcement of minimal pushdata in script which will make a majority of BCH network transactions non-malleable. Moreover, as an extension to last May’s Schnorr upgrade, the opcode OP_Checkmultisig(verify) will now feature Schnorr signature support.

Also Read: QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices

Bitcoin Cash Successfully Removes the Final BIP62 Malleability Vector and Extends Schnorr Signatures

Every six months the Bitcoin Cash (BCH) network upgrades in order to galvanize the BCH roadmap that aims to scale peer-to-peer electronic cash to the masses. BCH protocol developers strive to provide high-level technical direction with every completed upgrade. So far, software engineers have raised the block size to 32MB, re-enabled the Satoshi opcodes, implemented OP_Checkdatasig, added Canonical Transaction Ordering (CTOR), and the foundations of Schnorr signature support.

Bitcoin Cash Network Upgrade 2019-11-15:

The new BCH network rules have been activated.
Now waiting for the first block (height 609136) to be mined.#BCHForEveryone #KeepCalmAndP2P

— bch 'make Bitcoin cash again' protocol upgrade (@btcfork) November 15, 2019

There are 20 platform and protocol developments completed according to statistics from Coin Dance. Scheduled upgrades on the BCH chain are meant to enhance scaling and overall reliability of the main network.

The latest additions to the BCH chain include a fix that will make most transactions on the BCH network non-malleable. The enforcement of minimal pushdata in script (Minimaldata rule) makes the malleability of transactions near impossible, including all P2PKH transactions. Years ago, several sources of malleability were known to developers and many of them were improved upon with the introduction of bip-0062. The Minimaldata rule change removes the final malleability vector after the upgrade on Friday. In addition to making the transactions on the BCH network non-malleable, Schnorr signature support will extend to OP_Checkmultisig(verify) which means all signature checking operations will support Schnorr signatures. The November 15 upgrade specifications state:

OP_Checkmultisig and OP_Checkmultisigverify will be upgraded to accept Schnorr signatures in a way that increases verification efficiency and is compatible with batch verification.

Mark B. Lundeberg (left) and Collin Enstad (right). Bitcoin Cash Community Celebrates Another Successful Upgrade

After the upgrade, the BCH community celebrated the latest protocol changes. For instance, Collin Enstad hosted a live stream of the event and discussed the upgrade with software developer Mark B. Lundeberg. The upgrade went live on the BCH network at block height 609135, which was mined by the mining operation Antpool.

The new Bitcoin Cash network rules have now been activated! https://t.co/8msEvvC9FA

— Bitcoin Info (@bitcoininfo) November 15, 2019

According to monitoring sites like Coin Dance and Fork Monitor, the upgrade went quite smoothly with no issues. Not too long after BCH block 609136 was processed by Btc.com after Antpool’s block, it ensured that all the new rules have been applied. “Bitcoin ABC 0.19.0 considers block height 609136 invalid,” the data website Fork Monitor explains. “This block was mined by BTC.com and it was first seen and accepted as valid by Bitcoin ABC 0.20.6.”

Bitcoin Cash developers have continuously pushed innovation and development to new heights and the November 2019 upgrade is no different. BCH fans will wait another six months for the next upgrade and news.Bitcoin.com will be there every step of the way to inform our readers about the next ruleset changes.

What do you think about the Bitcoin Cash network implementing two new features following another successful upgrade? Let us know what you think about this subject in the comments section below.

Image credits: Shutterstock, Coin Dance, Youtube, and Twitter.

Do you need a reliable Bitcoin mobile wallet to send, receive, and store your coins? Download one for free from us and then head to our Purchase Bitcoin page where you can quickly buy Bitcoin with a credit card.

The post Bitcoin Cash Upgrade Complete: 2 New Protocol Changes Added appeared first on Bitcoin News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69614.79 (+0.63%)
Объем 24H $38.966b
Изменеия 24h: 4.93 %, 7d: 10.63 %
Cегодня L: $68995.48 - H: $69614.79
Капитализация $1371.362b Rank 1
Цена в час новости $ 8538.71 (715.28%)

bitcoin changes protocol cash upgrade schnorr bch

Источник: news.bitcoin.com

bitcoin changes → Результатов: 126


Bitcoin Investor Behavior Breakdown: The Priming Changes Of BTC History’s Research Valuation

During some of our talks with crypto-investor enthusiasts, the most common questions asked is ‘what is the best model for truly valuing Bitcoin?' And it's completely understandable as investors all want to know what it is that drives major changes behind bitcoin and what can influence its value over time? There are some measures that […]

2019-2-22 14:48


Фото:

Localbitcoins Warns Over ‘Major Changes’ For Users in AML/KYC Crackdown

P2P Bitcoin trading platform Localbitcoins has has said it will launch fresh user identification requirements as part of its push to remain compliant with EU law. EU Compliance Looms For Localbitcoins In a statement published February 8, Localbitcoins said it would make “major changes” to its user experience following new anti-money laundering (AML) and know-your-customer (KYC) policies being enacted in its home jurisdiction of Finland.

2019-2-11 11:00


nChain Director Says Bitcoin SV (BSV) Set to Add New Merchant API for Making Native Transactions Efficient

Bitcoin SV is finally dissociating itself from its notorious past and is starting to gain widespread attention for all the right reasons. For example, a couple of days back, Steve Shadders, an executive over at nChain, announced to the world that SV’s core dev team was making big changes to the premier token’s native ecosystem— […]

2019-1-18 19:16


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum clears THIS key hurdle: What’s next for ETH’s price?

Ethereum’s price only moved marginally in the last 24 hours.  Market indicators hinted that Ethereum’s bull rally might resume soon. Ethereum [ETH] successfully broke above a bullish faThe post Ethereum clears THIS key hurdle: What’s next for ETH’s price? appeared first on AMBCrypto.

Ethereum whale accumulates 15K ETH: Will this finally help prices?

Ethereum whales increase holdings, but network growth slows. ETH gains slightly, but investors hold out for a $4k milestone. Ethereum[ETH] witnessed a significant uptick over the last few daThe post Ethereum whale accumulates 15K ETH: Will this finally help prices? appeared first on AMBCrypto.

XRP holders dump tokens: Will price drop below $0.50 now?

The price of XRP could drop to $0.48 after a ton of holders sold the token. Volatility spiked, network activity slumped, indicating that recovery Addresses with 100,000 to 1 million XRP haveThe post XRP holders dump tokens: Will price drop below $0.50 now? appeared first on AMBCrypto.

Ripple records a strong Q1: What does the future hold for XRP?

Ripple made massive progress in Q1 in many areas. Development activity on the network fell. Ripple [XRP] saw massive fluctuations in terms of price over the last week. However, the progress The post Ripple records a strong Q1: What does the future hold for XRP? appeared first on AMBCrypto.