Bitcoin Cash May Upgrade to 32MB Block Size This Spring

The initial upgrade to 32MB should kick in on May 15, 2018 followed by a subsequent upgrade deployment in November
21 March 2018   3915

Bitcoin ABC, Bitcoin Cash Development team, which is also collaborating with many other cryptocurrency-related projects, has issued a report in 2017 enlisting its major goals for next 6 - 12 months, and stating that the top priority for Bitcoin Cash is to keep improving it as a great form of money. 

Developers of Bitcoin Cash claimed that they will do their best to enable enhanced features facilitating use-cases such as timestamping, representative tokens, and more complex transaction scripting.

One of the most important features that are to be implemented is the protocol upgrade when Median Time Past reaches timestamp 1526400000, which is May 15, 2018, and a subsequent upgrade for 6-months later when Median Time Past reaches 1542300000, which is November 15, 2018. Basically, that means that the initial upgrade to 32MB should kick in on May 15, 2018 followed by a subsequent upgrade deployment in November. 

Those are incredible news for the community of Bitcoin Cash, as larger block size could make it a faster and lower-fee peer-to-peer system. For sure the protocol upgrades will need solid implementation with lots of time for review and testing, and we will report about the details of the upgrades as more information comes.

Poloniex to Support Both Bitcoin Cash Chains

Bitcoin Cash may split on 2 chain after upcoming hardfork
07 November 2018   136

The cryptocurrency exchange Poloniex intends to support both Bitcoin Cash chains, which may appear after the network upgrade planned for November 15.

For the upcoming November 15th upgrade, two competing development teams have proposed different network consensus rules that are incompatible with each other: the “SV” implementation and the “ABC” implementation. We believe the responsible thing for an exchange to do is remain neutral, and allow the community to decide which chain to support.  Therefore, we plan to support trading markets for both tokens.
 

Poloniex

On November 15 there will hardfork in Bitcoin Cash chain. However, there are two development teams that offer incompatible clients Bitcoin SV and Bitcoin ABC.

Note that Coinbase, OKEx and Binance have already expressed support for the implementation of traditional Bitcoin ABC software.

Meanwhile, the rate of BCH over the past day has grown by more than 11% and is trading at around $ 630.