Bitcoin Cash Organizations Start Preparing for the November Hard Fork

Bitcoin Cash Organizations Start Preparing for the November Hard Fork
фото показано с : news.bitcoin.com

2018-10-24 08:15

As the days draw closer to the scheduled Bitcoin Cash upgrade, affiliated organizations are preparing for the hard fork. Data websites like Coin Dance have added statistics for feature support, upgrade voting, and public opinion. Meanwhile, the Nchain-backed SV-Pool has officially announced that its pool is now open to public miners.

Also Read: Samsung Begins 7nm Chip Production

SV-Pool Goes Public

The Bitcoin Cash hard fork slated for Nov. 15 is getting closer and network participants are preparing for the upgrade in several ways. On Oct. 22, the mining initiative SV-Pool, supported by Nchain and the firm’s chief scientist Craig Wright, announced the pool is now open to the public. This means that Bitcoin Cash miners can direct their hashrate towards the SV-Pool and get paid by an initial pay-per-last-n-shares (PPLNS) system. The pool details it plans to add more payment structures this November. At the time of writing, according to Coin Dance statistics, SV-Pool has been capturing around 2.6 percent of the global BCH hashrate over the last seven days.

According to the pool’s recent announcement, SV-Pool says it stands by a “miners’ choice, miners first philosophy.” News.Bitcoin.com reported on the pool’s first mined block on Oct. 10 and at the time SV-Pool was using an invitation-only beta period. During that time, the Bitcoin SV team launched its codebase and the Bitcoin Unlimited (BU) team also launched a new client. The latest BU code is prepared for the Bitcoin ABC team’s ruleset changes and the team stated on Twitter that SV ruleset compatibility was “pending.” BU’s plan is to let the miners vote for features by using a system called the BIP135 bits standard.

Explicit Mining Pool Support and Public Opinion

Following the recent announcements concerning new clients and BIP135, the statistical data website Coin Dance has prepared its website for things like explicit mining pool support by proposal and a new politics and public opinion section. The explicit mining pool support section, which seems to incorporate the most important data to most BCH proponents, currently says that “Voting should begin shortly.” The politics and public opinion section is a different story as it shows a list of BCH-supporting businesses and organizations revealing specific proposal stances.

Explicit mining pool support says it will begin shortly according to Coin Dance statistics.

As of Oct. 23, there are 15 organizations listed on the page which Coin Dance details is a “weighted community-managed support breakdown by company for each active Bitcoin Cash proposal.” The three choices include support for BIP135, Bitcoin SV, and Bitcoin ABC’s ruleset proposals. Companies and organizations represented on the list include Bitcoin ABC, Unlimited, XT, Cryptograffiti, Coingeek, Nchain, Coinex, Blockchain Ventures, and more. People visiting this weighted support breakdown can see whether or not each firm supports a certain ruleset proposal. Coin Dance is allowing company submissions and a form can be filled out that requires the organization to be publicly accessible, indicate explicit choices, and source references.

Coin Dance also shows a weighted community-managed support breakdown of public opinion by company.

There are only 23 days left until the scheduled hard fork, and so far it is hard to determine how the upgrade will play out, even for those constantly watching and listening to the BCH community. Most BCH supporters are more concerned with the miners’ explicit decisions over a weighted community-managed poll system. Miners don’t have to run BU in order to vote using the BIP135 bits standard, as they can also set the bits in their block version fields using mining pool software.

What do you think about the Bitcoin Cash network hard fork scheduled for November 15? Let us know what you think about this subject in the comments section below.

Images via Shutterstock, Twitter, Bitcoin SV, and Coin Dance statistics.

At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even look up the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Bitcoin Cash Organizations Start Preparing for the November Hard Fork appeared first on Bitcoin News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cashcoin (CASH) на Currencies.ru

$ 0.0004289 (+0.63%)
Объем 24H $2
Изменеия 24h: -19.83 %, 7d: -30.46 %
Cегодня L: $0.0004262 - H: $0.0005443
Капитализация $22.93k Rank 99999
Цена в час новости $ 0.0025915 (-83.45%)

bitcoin fork hard preparing organizations cash public

bitcoin fork → Результатов: 126


Сеть Bitcoin Cash ждёт ещё один форк

Крупнейший форк биткоина Bitcoin Cash (BCH), который недавно опустился на шестое место рейтинга криптовалют CoinMarketCap, находится на пороге очередного разделения сети. Новый форк Bitcoin ABC реализует предложение Плана финансирования инфраструктуры (IFP), представленное генеральным директором BTC.

2020-8-17 10:18


Quasar hard fork: Bitcoin SV upgrades block size to 2GB

A planned hard fork has been executed on Bitcoin SV (BSV) despite deliberation over the timing of the scheduled upgrade, dubbed “Quasar”. The fork has upped the protocol’s block size limit from 128MB to 2GB—a development that according to the owners of the BSV project, Bitcoin Association, will help BSV scale to “1000+ transactions per […] The post Quasar hard fork: Bitcoin SV upgrades block size to 2GB appeared first on CryptoSlate.

2019-7-25 12:13


Bitcoin Cash Hard Fork Aftermath Review: Top 4 Scenarios Likely To Play Out Post Blockchain Split

A Look At The Possible Scenarios Following Bitcoin cash Hard Fork At block 556767, on November 15th, the Bitcoin Cash network was divided into two offspring; Bitcoin ABC and Bitcoin SV. Following the fracture, both the factions claimed their rights for BCH brand name, and just like before the hard fork, no consensus has been […]

2018-11-22 01:22


Bitcoin Cash Hard Fork: Hashwar Continues, ABC and SV Remain At Odds

The Hashwar: The Block Gap Starts To Close Now that November 15th has passed, all eyes have been glued to Crypto Twitter and websites regarding the Bitcoin Cash contentious hard fork/network upgrade, as it has yet to be determined whether Roger Ver, Jihan Wu, and their compatriots (Bitcoin ABC) have ousted Craig Wright and Craig […] The post Bitcoin Cash Hard Fork: Hashwar Continues, ABC and SV Remain At Odds appeared first on Ethereum World News.

2018-11-17 12:31


Фото:

Upcoming Bitcoin Cash / Bitcoin SV Hard Fork: The Situation So Far

There is a lot of excitement surrounding Bitcoin Cash at this time. There is a good reason for that, as the network sis et to undergo a hard fork. Similar to other altcoins, there will effectively be an attempt to split the network into multiple chains, as numerous forks may emerge as “viable” come November […] The post Upcoming Bitcoin Cash / Bitcoin SV Hard Fork: The Situation So Far appeared first on NullTX.

2018-11-9 20:00


Craig Wright challenges Bitmain CEO, Says Bitcoin Cash a split and not a fork of Bitcoin

There has been debate in some quarters among the major shareholders of bitcoin cash(BCH) a fork of bitcoin that is also known as ABC, which came into existence in August 2018, after the scalability challenge of bitcoin and the high gas fees paid to miners resulted in this fork with larger block size and cheaper […] The post Craig Wright challenges Bitmain CEO, Says Bitcoin Cash a split and not a fork of Bitcoin appeared first on ZyCrypto.

2018-9-1 20:12


Фото:

Bitcoin Core Announces Hard Fork a Success, Claiming BTCC Is Faster Than Bitcoin Cash [BCH]

The team behind Bitcoin Core (BTCC) announced that the latest update, its one-minute block hard fork (HF), was a success. Bitcoin Core Marks Hard Fork a Success In an official post on Twitter, published August 16, the BTCC team stated that after the successful hard fork, BTCC has now more on-chain blockspace per 10 minutes […] Bitcoin Core Announces Hard Fork a Success, Claiming BTCC Is Faster Than Bitcoin Cash [BCH] was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-22 13:45


Фото:

Bitcoin ABC Developers Publish Bitcoin Cash Upgrade Timeline

Just recently the Bitcoin ABC development team has published the Bitcoin Cash ‘November 15 Upgrade Timeline’ which details what the programmers plan to do before the hard fork. As the upgrade approaches the ABC development team wants to ensure a smooth hard fork by making sure every full node participant and miner is ready with […] The post Bitcoin ABC Developers Publish Bitcoin Cash Upgrade Timeline appeared first on Bitcoin News.

2018-7-10 12:05


Cryptocurrency still cruising as US Federal Reserve Bank Recognizes it

One of the 12 regional Reserve Banks in the US central banking system, The Federal Reserve Bank of St. Louis, have added four cryptocurrencies to its database. Bitcoin, its off-spring from a fork, Bitcoin Cash, Litecoin, and Ethereum are the four cryptocurrencies which were chosen and daily data on their prices will be listed on […] The post Cryptocurrency still cruising as US Federal Reserve Bank Recognizes it appeared first on ZyCrypto.

2018-6-28 17:44