Bitcoin Cash Upgrade a Groundbreaking Success

Written by:
Guest
Published on:
May/15/2018

Less than a year after its birth, cryptocurrency Bitcoin Cash (BCH) is taking several leaps farther ahead of its predecessor, CoinGeek.com reported late Tuesday.

At 16:00 UTC on May 15, the network successfully executed its scheduled network upgrade that features a block size increase to 32MB, four times what it was prior to this day, and 16 times higher than that of the BTC chain.

From CoinGeek.com:

Most importantly, previously disabled OP_Codes have been resurrected. This upgrade will enable smart contracts to run on the chain, which nChain—one of the main teams leading the development of Bitcoin Cash—says has always been in the original Bitcoin vision all along.

- Aaron Goldstein, Gambling911.com

 

Business/Financial News

NFL Commish Roger Goodell Details Stance on Legalized Sports Betting

NFL Commish Roger Goodell Details Stance on Legalized Sports Betting

NFL commissioner Roger Goodell says Congress should enact uniform standards for any states that plan to legislate sports betting.

Crypto Market Valuation Drops More Than 55 Percent Over Past Five Months

Crypto Market Valuation Drops More Than 55 Percent Over Past Five Months

A number of big investors say they are not concerned that the cryptocurrency market has lost 55% of its value over the past five months.  It was inevitable, they suggest.

As Bitcoin World Wobbles, Mining Rig Company Plans $2 billion IPO

As Bitcoin World Wobbles, Mining Rig Company Plans $2 billion IPO

Bitcoins are worth less than half of what they were in December. Mining them is 60 percent less profitable than it was in 2017. Even retailers of hobbyist mining rigs say they are seeing fewer customers.

Bet365 Announces Surprise Move to Malta

Bet365 Announces Surprise Move to Malta

Bet365 – one of the world’s leading online gambling groups – has finalised plans to relocate its operations to Malta from Gibraltar as soon as the UK exits the European Union next year, The Sunday Times of Malta can reveal.

Bitcoin Cash 'Sexy' - 'All Other Coins Can Go in the Trash'

Bitcoin Cash 'Sexy' - 'All Other Coins Can Go in the Trash'

Coingeek.com founder Calvin Ayre celebrated his first ever cryptocurrency conference with a boat party in Hong Kong.

Syndicate