RATE Group | Bigger Blocks and Smarter Contracts: What’s In Bitcoin Cash’s Next Fork?
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Bigger Blocks and Smarter Contracts: What’s In Bitcoin Cash’s Next Fork?

27 Apr Bigger Blocks and Smarter Contracts: What’s In Bitcoin Cash’s Next Fork?

Posted at 13:36h in Bitcoin News by

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Bitcoin cash’s next software upgrade may be even more ambitious than its first – and that’s no small feat given last time it broke off from bitcoin in acrimonious fashion.

In fact, the update, announced in November and slated for May 15, packages together a number of features that all seem about helping the network process more transactions than the original bitcoin (while adding more variety to features). Perhaps most notably, the change will quadruple bitcoin cash’s block size parameter from 8 MB to 32 MB, allowing for vastly more transactions per block.

But while that might sound aggressive given bitcoin’s more limited approach, those who have been following the cryptocurrency might be surprised that such an aggressive shift wasn’t pursued sooner.

After all, last fall, bitcoin cash’s developers chose to ignore the protests of bitcoin’s more seasoned developers, who had long argued that increasing the block size and moving the cryptocurrency forward too fast could jeopardize…

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