CandleFocus Bitcoin Fork Bitcoin Cash (BCH) Activates Major Upgrade: Details
2024-11-16
Author: Content Editor
Bitcoin Cash developer Jason Dreyzehner has announced that the critical May 2025 upgrade for Bitcoin Cash has been activated on the mainnet. The upgrade includes two Bitcoin Cash Improvement Proposals (CHIPs) that aim to improve contract efficiency and provide high-precision arithmetic capabilities. The enhancements will make important use cases such as post-quantum cryptography, stronger escrow and settlement strategies, and zero-knowledge proofs more practical for Bitcoin Cash. The upgrade also introduces new tooling and benchmarking techniques to constantly verify node performance. The price of Bitcoin Cash has seen a modest increase of 5% since the announcement.
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