Connect with us

Bitcoin Cash

Bitcoin Cash Set To Hard Fork, Again

Published

on

Bitcoin ABC, a development team behind Bitcoin Cash have announced the full details of the next Bitcoin Cash update (hard fork) set to roll out on the 15th of November 2018. The announcement is so far in advance of the update, as Bitcoin ABC have a responsibility to ensure that people are ready for the update and that none of the technology behind Bitcoin Cash are affected by the roll out.

The update is now live and ready to be downloaded and implemented, but as stated, the update won’t actually go live until November. So in essence, if this affects you, download now and forget about it, the rest will happen in good time, automatically.

According to the official Bitcoin ABC announcement:

“We are pleased to announce that Bitcoin ABC 0.18.0 has been released. You can download it at: https://download.bitcoinabc.org/0.18.0/. The goal of Bitcoin ABC is to help create sound money that is usable by everyone in the world. We believe this is a civilization-changing technology which will dramatically increase human freedom and prosperity. Bitcoin ABC 0.18.0 represents the next step towards this goal. Bitcoin ABC 0.18.0 includes implementation and activation of the Bitcoin Cash network upgrade that will take effect on Nov 15, 2018. All users of Bitcoin ABC should upgrade to version 0.18.0 as soon as possible.”

So what does the update include?

“The specific features included in the November 15th upgrade, and provided by Bitcoin ABC 0.18.0, are:

  • A new opcode called OP_CHECKDATASIG that improves the BCH scripting language to permit the validation of messages from outside the blockchain. This will enable uses such as the use of oracles and cross-chain atomic contracts.
  • The introduction of canonical transaction ordering. This is a technical building block that lays the foundation for massive scaling improvements in the future.
  • Several minor technical fixes and improvements.”

These updates are carried out to ensure that everyone on the network has access to a fairer and better product, therefore these updates are not simply just to keep developers busy, rather they are designed to address the needs of everyone, from miners to investors and general users of Bitcoin Cash. As cryptocurrency with a huge pro-adoption community, these updates are also designed with adoption in mind, therefore within this, Bitcoin ABC want to make Bitcoin Cash better for the average person to use. According to their official announcement:

“We aim to work in the best interests of miners, investors, and users of Bitcoin Cash, and to collaborate and coordinate with other teams and projects in the Bitcoin Cash ecosystem. Bitcoin ABC 0.18.0 grew out of this collaborative process. It implements network upgrade features developed with input and collaboration from many different groups. It is an important step in the process of careful and incremental technical progress to improve the utility of Bitcoin Cash and enable massive on-chain scaling. To become a solid base for application development and innovation, Bitcoin Cash needs to continuously improve and compete. At Bitcoin ABC, we are working diligently building a technical foundation to enable Bitcoin Cash to be the best money the world has ever seen.”

Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on September 15, 2019

Published

on

Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 297. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator stripes.

Bitcoin Cash (BCH/USD) forecast and analysis on September 15, 2019

As part of the Bitcoin Cash forecast, a test of level 294 is expected. Where can we expect an attempt to continue the growth of BCH/USD and the further development of an upward trend. The purpose of this movement is the area near the level of 311. The conservative area for buying Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 292.

Bitcoin Cash (BCH/USD) forecast and analysis on September 15, 2019

Cancellation of the option to continue the growth of the Bitcoin Cash rate will be a breakdown of the lower border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair below the area of ​​284. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In case of breakdown of the upper border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.

Bitcoin Cash (BCH/USD) forecast and analysis on September 15, 2019 implies a test level of 294. Further growth is expected to continue to the area above the level of 311. The conservative area for buying Bitcoin Cash is located area of 292. Cancellation of the growth option of cryptocurrency will be a breakdown of the level of 284. In this case, we should expect a further fall.

News Source

Continue Reading

Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on September 14, 2019

Published

on

Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 298. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator stripes.

Bitcoin Cash (BCH/USD) forecast and analysis on September 14, 2019

As part of the Bitcoin Cash forecast, a test of level 294 is expected. Where can we expect an attempt to continue the growth of BCH/USD and the further development of an upward trend. The purpose of this movement is the area near the level of 312. The conservative buying area for Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 292.

Bitcoin Cash (BCH/USD) forecast and analysis on September 14, 2019

Cancellation of the option to continue the growth of the Bitcoin Cash rate will be a breakdown of the lower border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair below the area of ​​285. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In case of breakdown of the upper border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.

Bitcoin Cash (BCH/USD) forecast and analysis on September 14, 2019 implies a test level of 294. Further growth is expected to continue to the area above the level of 312. The conservative area for buying Bitcoin Cash is located area of 292. Cancellation of the growth option of cryptocurrency will be a breakdown of the level of 285. In this case, we should expect a further fall.

News Source

Continue Reading

Bitcoin Cash

What Is Bitcoin Cash (BCH) And What Sets It Apart From Bitcoin (BTC)?

Published

on

  • Bank customers can now transact in both fiat and cryptocurrencies.
  • As of now, users can only use the official web wallet to transfer Petros and trade tokens on authorized exchanges.

Bank of Venezuela is about to become the first financial institution in the country to offer its customers the option of conducting operations in both fiat and crypto. Recently, the Bank of Venezuela clients identified a new module in the management interface of their accounts to register a crypto wallet that still seems to be in its initial phases. 

Although there hasn’t been an official announcement made by the bank, the option is presently live on customer accounts. At present, users can only transfer Petros using the official web wallet and trade those tokens on authorized exchanges such as Amberes and Bancar.

At the moment, though the bank clients seem only to have the option to register a Petro wallet, accounts also have a drop-down menu inviting the users to “choose the type of crypto” they wish to register. This indicates that the bank may support other cryptocurrencies in the future. This latest move by the bank is a blatant attempt to promote the use of Petro in the country. 

News Source

Continue Reading
Open

Close