Bitcoin Cash Network Discussion March 2022 - Summary

Summary

On March 4th 2022 a Bitcoin Cash Network Discussion took place over Zoom and was streamed live on Youtube. The topic of discussion was: Upgrades in May and beyond - Stability & Scaling through the CHIP process.

Potential Positives:

• The 1 year upgrade cycle provides stability and predictability for users and businesses by resolving disagreements early and in the open.

• Anyone can take part in the CHIP process - technical expertise is not required to drive a proposal.

• Bitcoin Cash's May 2023 Upgrade will simplify scripting, enabling more advanced and secure smart contracts.

• The maintain upgrade will allow smartBCH to upgrade with an "enclave" increasing security.

Things to consider :

• The smartBCH SHA-Gate upgrade is scheduled to activate summer 2022.

• The CHIP process requires a lot of work, time and collaboration by design because it is not top down.

• Individuals or organizations who would like to see changes in BCH need to make the effort to move their ideas from start to finish.

If you have a proposal for the Bitcoin Cash Network, the Network Discussion telegram channel is a great place to start. Also, follow @CashDiscussions on Twitter and subscribe to the Youtube channel so you don't miss the next discussion! ✨