BCH Monthly Hot Spot Summary

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With the increase in the adoption rate and influence of BCH on a global scale, hot events related to it are also increasing.

Bitcoin ABC version 0.22.0 is available for download

The 0.22.0 version of the Bitcoin ABC node software that contains new features for the upgrade on November 15, 2020 has been available for download. This version includes two updates to the ASERT DAA and Coinbase rules. It also adds automatic replay protection. Users can log in on BCH View it on the official website.

Update the blog introduction, aserti3-2d adjustment is referred to as ASERT. This new difficulty adjustment algorithm can help reduce the unstable time of block production, shorten the transaction time, and miners will get an additional 6% income. Coinbase's rule is to use 8% of the mining revenue for BCH infrastructure development (IFP), which means that more high-tech talents can be hired to maintain and develop BCH. Bitcoin ABC also revealed that their next step is to solve the bottleneck of transaction restrictions, break through the limit of unconfirmed transactions, and speed up the issue of transaction confirmation. The purpose of automatic replay protection is to serve as a complete node version deprecation mechanism. It is designed to automatically separate the unupgraded full verification node from the main network after the next upgrade on May 15, 2021. The node that implements the next upgrade will delete this automatic replay protection, so all regular wallets can continue to use the default ForkID and follow the upgraded main chain without changes.

Grayscale issued BCH stocks-BCHG starts trading

On August 17, Grayscale Investment, the world's largest digital currency asset management company, announced that BCH stocks have obtained DTC qualifications and have been verified by FINRA. They can be traded on the over-the-counter market under the code BCHG. All investors with U.S. securities accounts can freely buy and sell BCHG to obtain corresponding shares. BCHG is essentially an open trust initiated by Grayscale, which aims to expose the price changes of the underlying assets of each trust through investment tools. There is no need to buy, store and keep BCH.

Bitcoin ABC Development Team Releases July Work Transparency Report

According to the report, in July 2020, Bitcoin ABC implemented two new versions of the Bitcoin ABC node software, made 195 submissions to the source code repository, produced new media, and continued to move towards fundraising goals. In addition, two versions of Bitcoin ABC 0.21.11 and 0.21.12 were released, and two live broadcasts with the themes of "Building a solid foundation for BCH business" and "Why build on BCH" were held. , Development team members Amaury Séchet and Antony Zegers participated in two developer meetings.

BCHN releases version 22.0.0: does not support forks and hopes that BCH will remain unified

The emerging development group BCHN, which emerged in the last upgrade, answered the frequently asked questions about the upgrade in November. They said that for the November proposal, BCHN chose to support the aserti3-2d (ASERT) difficulty adjustment proposed by Mark Lundeberg and Jonathan Toomim algorithm. There are many speculations about forking the new currency. They do not support the fork, but hope that BCH will remain unified. After thorough research and testing, they choose the best proposal.

BCHN released the 22.0.0 version update on August 18, which implements the technical features of the network upgrade on November 15, 2020, including the ASERT difficulty algorithm, improved technical documentation, bug fixes and performance improvements.

Bitcoinbch.com CEO Haydn Otto raises funds for BCH viral marketing

Hayden Otto, CEO of Bitcoinbch.com, is a very enthusiastic BCH supporter. He has produced a series of videos and activities promoting BCH in Australia and has a certain influence in the global BCH community. The fundraising activity is based on the non-regulated Flipstarter platform. The purpose of the activity is to raise 650 BCH (approximately 1.31 million RMB) to carry out viral marketing activities, highlighting the many benefits of the peer-to-peer electronic cash system that BCH adheres to. The fundraising event lasts for 15 days and has so far raised more than 320 BCH.

Coin mixing service Cashfusion expands its integration capacity by 10 times


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