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Just recently, the Bitcoin Cash community has been discussing the large number of transactions the network has been seeing on a daily basis during the last month. Statistics show that bitcoin cash daily transactions have been increasing every day since the last week of 2020. Bitcoin Cash miners have processed upwards of 300,000+ daily transactions […]Powered by WPeMatico
With a touch more than three months left until the next Bitcoin Cash upgrade, crypto proponents have been witnessing a new quarrel rise after last year’s contentious Infrastructure Funding Proposal (IFP). This time around, the tensions derive from the Difficulty Algorithm Adjustment (DAA) discussion which is a conversation about replacing the network’s current DAA. Every […]
The post Bitcoin Cash Difficulty Algorithm Debate Heats Up With Fears of Another Chain Split appeared first on Bitcoin News.
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Over the last week, there’s been lots of going on within the Bitcoin Cash (BCH) environment with companies implementing BCH support, new applications, and various announcements. While Bitcoin Cash supporters keep bolstering adoption, development and community projects have continued to flourish. Also Read: Over 22,000 Traders Have Now Signed up to Local.Bitcoin.com The Bitcoin Cash […]
The post Bitcoin Cash Scaling Benchmarks, Brewdog, and Rising Transaction Volume appeared first on Bitcoin News.
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On April 8, BCH developer Jonathan Toomim revealed how far he’s come with the Xthinner block compression protocol. Toomim tested the platform between two Bitcoin ABC full nodes on the BCH main network and a 363 kB block was compressed down to 1,660 bytes, or 99.54% compression. Also read: Uyen T Nguyen: The Powerful Young […]
The post Xthinner Protocol Tested on BCH Mainnet Shows 99% Block Compression appeared first on Bitcoin News.
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A blockchain researcher has been working on a scaling effort for the unspent transaction output set found in the Bitcoin protocol. According to Tadge Dryja’s recently published description of research, the software engineer is working on a dynamic accumulator called Utreexo. The project could theoretically allow network participants to verify the state of the chain’s […]
The post Lightning Network Co-Creator Is Designing a Scaling Solution Called Utreexo appeared first on Bitcoin News.
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On Sunday, Bitcoin Cash (BCH) developer Jonathan Toomim unveiled a project he’s been working on called Xthinner, a new block propagation protocol that leverages the benefits of lexicographic transaction ordering (LTOR). According to Toomim’s data, Xthinner can compress blocks by 99.6 percent and performs roughly 4x to 6x more efficiently than block propagation concepts like […]
The post BCH Developer Unveils Xthinner Scaling Protocol – Claims to Compress Blocks by 99% appeared first on Bitcoin News.
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On Wednesday, Oct. 10, the mining operation SV Pool mined its first Bitcoin Cash block. The pool operators led by the blockchain firms Nchain and Coingeek say that hundreds of miners from all around the world have signed up to mine with the pool. Also Read: Zigzag Platform Provides Bitcoin Cash Swaps Over the Lightning […]
The post SV Pool Mines Its First Block as November’s Bitcoin Cash Fork Approaches appeared first on Bitcoin News.
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Blockchain development firm Nchain has announced the company’s plans to launch a new Bitcoin Cash full node client called ‘Bitcoin SV.’ Lead developer Daniel Connolly has published the specifications for re-enabling old opcodes for the November 2018 BCH upgrade. So far the unpublished codebase has seen vocal support from the mining pool Coingeek, but right […]
The post November BCH Upgrade Discussion Heats Up After Bitcoin SV Full Node Announcement appeared first on Bitcoin News.
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