BCH, which aims to spread as P2P-type electronic money, has a roadmap that aims to improve scalability through protocol optimization and upgrades. There are four major changes in this upgrade.
Consensus rules
1. Change signature check method when executing script: "SigChecks"
2. Add opcode ": OP_REVERSEBYTES" that reverses the bytes in the string
policy
3. Change transaction chain limit in memory pool from 25 to 50
Funding plan
4. Support for mining activation infrastructure financing plan
The upgrade hard fork is scheduled for May 15th Japan time 21:00 (UNIX timestamp: 1589544000).
Prior to this upgrade, "Bitcoin ABC" to carry out the development of the BCH is May 3, to start funding in order to advance the development announcement . He said that he would provide the resources necessary for development while raising funds so that a system that functions as expected by users who use BCH as electronic money on a daily basis can be constructed.
It explains that the funding plan provides an opportunity for miners, exchanges, and other companies to support Bitcoin ABC, while offering clear returns.
BCH reached its half-life ahead of Bitcoin (BTC) on the 8th of last month. The mining reward was halved, some miners withdrew, and the hash rate and pool status were also confirmed to have a negative effect on block generation.
At the hard fork scheduled this time, I would like to note the correspondence of each exchange. Major domestic exchanges such as bitFlyer and coin check are scheduled to suspend BCH deposit / withdrawal. The update hard fork was previously announced and is believed to have a low impact of currency disruption.
Reference material: Bitcoin ABC
