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Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

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Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features






In five weeks, the Bitcoin Cash (BCH) network will upgrade once again, adding two new features to the blockchain. The first component added will be Schnorr support for OP_Checkmultisig, which will allow more complex mechanics to multi-signature transactions and all signature checking operations will support Schnorr signatures. Lastly, the upgrade will finalize the BIP62 malleability vector by enforcing Minimaldata in script, otherwise known as the “Minimaldata” rule. This enhancement aims to make “most of the transactions on the BCH network (including all P2PKH transactions) be non-malleable.”
Also Read: McAfee to Launch Decentralized Token Exchange With No Restrictions
Two New Features: Schnorr for OP_Checkmultisig and a Malleability Fix
Every six months, the Bitcoin Cash community and developers prepare to upgrade the network’s protocol. Bitcoin Cash is upgrading on November 15 and the BCH community seems excited about the two new enhancements coming to the BCH chain. The last upgrade saw Segwit recovery and the very basics of Schnorr signatures added to the network.
Bitcoin ABC has issued a notice about preparing for the protocol upgrade scheduled for November 15.
This time around, the software developers are adding two more features to the protocol: Schnorr signatures for OP_Checkmultisig (Verify) and enforce Minimaldata in script. Last month, the Bitcoin ABC development team published a notice that informs people the “November 15th, 2019 protocol upgrade is now locked-in.” “The features going into every protocol upgrade are planned, specified, and developed far in advance in order to give all Bitcoin Cash ecosystem participants ample time to prepare,” the announcement explains. Bitcoin ABC’s notice further states: The goal of Bitcoin ABC is to help create sound money that is usable 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 new features that will be implemented on the BCH chain on November 15, 2019. The additions will be Schnorr signatures for OP_Checkmultisig (Verify) and enforce Minimaldata in script.
The first feature called Schnorr signatures for OP_Checkmultisig (Verify) compliments the first iteration of Schorr signatures on the BCH chain, which at the time added support for OP_Checksig and OP_Checkdatasig. “This upgrade extends that support to OP_Checkmultisig and after this upgrade, all signature checking operations will support Schnorr signatures,” the Bitcoin ABC announcement states. Software engineer Mark Lundeberg explained on August 9 that developers did a successful preliminary test of bringing Schnorr signatures to OP_Checkdatasig based on these specs. While also showing a meme of Bob Ross painting but with Dorian Nakamoto’s face, Lundeberg detailed how they discovered a “happy accident.”
“To make this work elegantly, w...
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Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features
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Fuente de la noticia: news-bitcoin
Fecha de publicación: 07-10-2019 21:17
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