Bitcoin Cash Protocol Update Released

The release of Bitcoin ABC 0.16.2 includes a number of improvements to the bitcoin cash protocol
03 January 2018   1926

The new version of Bitcoin ABC was released today, bringing closer the bitcoin cash community to have their own address format. The full node implementation of BCH includes a switch to a proprietary address format to distinguish it from bitcoin core.

It is expected that the change of address, which is scheduled to take place on January 14, will eliminate issues of BCH being sent to Segwit BTC addresses in error and help further distinguish bitcoin cash from the rest of the cryptocurrency market.

The release of Bitcoin ABC 0.16.2 includes a number of improvements to the bitcoin cash protocol, but the most notable is the addition of Cashaddr. It also utilizes the bech32 codebase and will apply benefits over and above a less confusing wallet address format. For instance, the new address system will make it easier to create QR codes and will pave the way for multi-party smart contracts to be added further down the line.

Bitmain to Announce New ASIC Chip

BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH
18 February 2019   392

This Monday, the Chinese mining company Bitmain announced the next-generation 7-nm chip codenamed BM1397, which, according to it surpasses its predecessors in performance and energy efficiency and is suitable for mining cryptocurrencies on the SHA256 algorithm, including Bitcoin and Bitcoin Cash.

The BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH, which is “higher by 28.6% than the previous 7-nm chip from Bitmain”, codenamed BM1391.

BM1397 is manufactured using TSMC, a Taiwan-based semiconductor product company, which is one of the leading suppliers in the cryptocurrency mining industry.

The BM1397 chip will be installed in the new ASIC miners of the Antminer S17 and Antminer T17 models, the release of which Bitmain promises to announce later. The company does not provide other details of the updated devices in its message.