The Bitcoin Cash supporters are now waiting for the latest upgrade of the network which will include new features to the blockchain as we are about to read in the latest Bitcoin cash news below.
In four weeks, the Bitcoin cash network will add the component Schnorr support for the OP_Checkmultisig which will allow for a more complex mechanics to multi-signature transactions and all signature check-in operations will support the signatures. The upgrade will finalize the BIP62 malleability vector by enforcing Minimaldatain the script or as it is known as the ‘’Minimaldata’’ rule. The new upgrade aims to make most of the transactions on the Bitcoin Cash network non-malleable.
The bitcoin cash supporters and developers are now preparing to upgrade the network protocol and the upgrade is expected on November 15th. The community seems excited about the two new enhancements that will come to the BCH chain. The last upgrade saw the SegWit recovery and the very basics of Schnorr signatures added to the chain. This time around, the developers are adding two more features to the protocol. The Bitcoin ABC development team published a notice that informs the people that the latest upgrade is now locked-in. The features that go into every protocol upgrade are planned and developed far in advance just to give Bitcoin Cash supporters some time to prepare:
‘’The goal of Bitcoin ABC is to help create sound money that is used globally in order to drive freedom and prosperity for everyone. Bitcoin ABC continues to be a driving force in executing the roadmap for Bitcoin Cash.’’
The upgrades extend the support to OP_Checkmultisigand after this upgrade, all of the signature checking operations will support Schnorr signatures. The software engineer Mark Lundeberg explained that the developers did a successful preliminary test of bringing the signatures to the platform based on these specs. Additionally, the Bitcoin Cash supporters are looking forward to the enforced Minimaldata in script application the BCHchain. The addition has excited a lot of proponents as we can see in the altcoin news, and the completion of the malleability fix unlocks another ability for Canonical Transaction Ordering. The upgrade will enable the SPV wallets to know whether or not a particular transaction was mined in a particular block.
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