Bitcoin Cash released roadmap

On November 28 the Bitcoin ABC developers published roadmap for the BCH blockchain
29 November 2017   5679

The Bitcoin ABC development team published its plans for the next 6-12 months for the Bitcoin Cash (BCH) on November 28. Bitcoin ABC developers have been working and communicating with developers from different projects, including Bitcoin Unlimited, Bitprim, Nchain, Bitcrust, ElectrumX, Parity, and Bitcoin XT.

Although these are independent projects, each with their own development processes and priorities, we share a common vision for advancing bitcoin cash — While we can only speak for ourselves, plans for Bitcoin ABC align with this shared vision.

 

Bitcoin ABC developers team

According to roadmap, major priority for Bitcoin Cash is to keep improving it as a great form of money. Bitcoin ABC developers want to make it more reliable, more scalable, with low fees and ready for rapid growth. It should be ready for global adoption by mainstream users, and provide a solid foundation that businesses can rely on.

Furthermore, Bitcoin ABC intends to enable enhanced features: to facilitate use-cases such as timestamping, representative tokens, and more complex transaction scripting, when these features do not detract from the primary money function.

Karpeles to Face Another 10 Years in Jail

Japanese enforcements agencies blamed Mt. Gox CEO in stilling $3M
12 December 2018   42

Japanese prosecutors blamed the head of the already inactive exchange Mt. Gox Mark Carpeles in embezzling 341 million yen ($ 3 million) from a bank account trading platform. The prosecutors made the corresponding statement in the Tokyo District Court, demanding 10 years of imprisonment for Karpeles, reports The Mainichi.

[Mark Karpeles] diverted company funds to such uses as investing in a software development business for personal interest" and "played a great role in totally destroying the confidence of bitcoin users.
 

Japanese prosecutors

It is noted that in September-December 2013, the head of MtGox allegedly transferred funds to personal bank accounts, and then invested in the software development business.

Carpeles is also accused of faking the data of the trading system of the exchange for the fabrication of balance sheets.

The deadline for accepting applications from affected investors as part of the civil rehabilitation of Mt. Gox has been extended until the end of December.