RATE Group | Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features
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Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

06 Oct Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

Posted at 20:56h in Bitcoin News by

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Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

In five weeks, the Bitcoin Cash (BCH) network will upgrade once again, adding two new features to the blockchain. The first component added will be Schnorr support for OP_Checkmultisig, which will allow more complex mechanics to multi-signature transactions and all signature checking operations will support Schnorr signatures. Lastly, the upgrade will finalize the BIP62 malleability vector by enforcing Minimaldata in script, otherwise known as the “Minimaldata” rule. This enhancement aims to make “most of the transactions on the BCH network (including all P2PKH transactions) be non-malleable.”

Also Read: McAfee to Launch Decentralized Token Exchange With No Restrictions

Two New Features: Schnorr for OP_Checkmultisig and a Malleability Fix

Every six months, the Bitcoin Cash community and developers prepare to upgrade the network’s protocol. Bitcoin Cash is upgrading on November 15 and the BCH community seems excited about the two new enhancements…

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