Bitcoin Cash Network Completes a Successful Hard Fork

in bitcoin •  7 years ago 

TECHNOLOGY
5 hours ago | Jamie Redman | 15241 | 33
Bitcoin Cash Network Completes a Successful Hard Fork
At approximately 4 pm EDT at block height 504031, the Bitcoin Cash (BCH) network successfully hard forked. The fork is a change to the decentralized currency’s consensus rules and aims to upgrade the network’s Difficulty Adjustment Algorithm (DAA).

Also read: Bitcoin.com Wallet Celebrates 500,000 Downloads in Three Months

The Bitcoin Cash Network Has Successfully Hard Forked
Bitcoin Cash Network Completes a Successful Hard ForkNovember 13 is a memorable day for bitcoin cash supporters, as the network is forking in order to fix the BCH blockchain’s DAA. The primary development teams who have been working on the bitcoin cash protocol consensus change include Bitcoin ABC, Unlimited, Nchain, and XT developers. The original DAA applied to the BCH network allowed the currency to thrive but also produced wild hashrate fluctuations. After several DAA proposals were researched and tested by the above-mentioned development teams, the community chose to implement a DAA proposal from Bitcoin ABC’s lead developer Amaury Sechet.b1.jpg

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7 years ago by

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      ·  7 years ago 

    upvote done

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      1 vote
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        ·  7 years ago 

      subscribe mutually

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          ·  7 years ago 

        follow me

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            ·  7 years ago 

          I missed this good news, I will make a tweet from you with your permission

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              ·  7 years ago 

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                ·  7 years ago 

              upvoted ☺️

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