Not dead yet: Bitcoin Cash ABC up 70% as Sechet releases new client
After being steamrolled in Bitcoin Cash’s most recent hash war, Bitcoin ABC shows signs of life with a new client release and a 70% rebound in price off a low base. Amaury Sechet's Bitcoin ABC coin is up 70% today as the developer announced a new upgrade for the client software that includes stability-related fixes for both forks of the Bitcoin Cash client. The new release breathes much-needed life into the Bitcoin ABC (BCHA) faction of Bitcoin Cash which was crushed by rival Bitcoin Cash Node (BCHN) in a briefly-lived hash war following the fork on November 15. This led to rumors about....
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After months of escalating tensions between rival Bitcoin Cash implementations, the future of BCH appears to be firmly in the hands of Bitcoin Cash Node. Bitcoin ABC, the historically dominant implementation of Bitcoin Cash (BCH), appears on the brink of giving way to a community-driven mutiny in the form of Bitcoin Cash Node (BCHN).According to Coin Dance more than 75% of nodes have signaled in favor of BCHN over the past week, while a meager 1% have shown support for ABC. There’s just over ten days left in the race.BCHN nodes mined 84.7% of Bitcoin Cash blocks produced in the last 24....
Perhaps the most prominent new feature is the introduction of the Swarm Daemon. Exciting changes are on the horizon for the Ethereum community. Two new Geth clients will be released next week. These releases include new features, such as the alpha light client. Additionally, the new hard fork threshold is merged into these releases. A lot of forward progress is being made in a short amount of time, and the community is excited about these new features. Any self-respecting cryptocurrency has to evolve over time. Developers need to address existing issues and propose new features. For....
In an effort to encourage Israelis away from using cash and towards paying digitally, Israel recently enacted a new regulation limiting the use of cash on August 1st. Starting in 2019, an Israeli company’s cash transaction limit was 11,000 NIS ($3,200) per client. With this restriction on using cash transactions with clients, Israel continues its […]
The Ethereum Merge remains one of the most anticipated events in the crypto space. The upgrade was scheduled to happen on September 15, 2022. It was a long-awaited blockchain transition as it moved from PoW to PoS. The change will merge the Beacon Chain and the Ethereum mainnet to become a single blockchain. Related Reading: Bitcoin ETF Inflows Returns After Abysmal Phase As an event in the industry, several reactions and discussions have occurred concerning the Merge. The Ethereum community is in high hope for the success of the transition. On its part, the Ethereum developing team has....
Harvard Public Policy professor Kenneth Rogoff might be a world-renowned economist, but he’s dead wrong on banning cash. Or, as he prefers, getting rid of ‘big bills’ like $50s and $100s. Even if his opinions on cash prevail, though, there is one form of cash he can never ban: Bitcoin. Rogoff: ‘Big Bills Are a Curse’. A pioneer of the “cashless society”....