Cryptocurrency

Cryptocurrency Update- Bitcoin Cash all set for the next Hard Fork!

Cryptocurrency Update- Bitcoin Cash all set for the next Hard Fork!

The virtual currency has tremendously taken the world with a storm, and Bitcoin Cash is on its way to surprise investors soon! The venerated Cryptocurrency witnessed a Hard fork a couple of months back, which eventually resulted in boosted block size along with few upgrades.

As per the market experts, the currency would be experiencing another Hard Fork in the middle of November. So, does it means that the current value of the Bitcoin Cash would surge or fall? Well, these are some of the questions that are currently spinning in every currency stakeholder’s mind!

Here’s a quick update concerning the trending news about the Bitcoin Cash.

From the Developers

Before you hear some surprising rumors about the Cryptocurrency, you need to go through the official statement of the development team behind Bitcoin Cash.

The team recently proclaimed that the Cryptocurrency would be witnessing another Hard fork in the coming November. The Bitcoin ABC 0.18.0 is the latest version released by the officials, which is intended as the full node implementation of the Bitcoin Cash.

What’s the Intention behind Bitcoin ABC?

You can now utilize the power of Cryptocurrency in the diverse fields without any hassle! The goal is to enhance the freedom of both merchants and clients with continuous updates that ensure a dense foundation for the prevalent Cryptocurrency like Bitcoin Cash.

The new update is remarkably outstanding and includes:

  • The advanced opcode named OP_CHECKDATASIG that significantly augments the BCH scripting that further permits the validation of messages that are not from the blockchain rather from another source.
  • The canonical transaction ordering simply harmonizes the enormous scaling improvements to ensure that users get a safe experience of their transactions.
  • Bug fixes and rectification unnecessary glitches.

Bitcoin Cash (BCH) Price Prediction

Nevertheless, BCH is trading at $527, which varies depending on the current market. As per the market experts, the currency would be experiencing an upsurge with the upcoming Hard fork in mid-November.

Well, the good news for serious investors is, there’s a great possibility of some gain at the end of the year!

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