Five Different Development Teams Are Working With the Bitcoin Cash Project
As the blockchain’s days continue, BCH developers have been revealing the upcoming plans to improve the cryptocurrency’s protocol. Discussions revolving around bitcoin cash development shows the protocol’s programmers have a very ambitious roadmap for the digital currency’s future. This includes a deep focus on on-chain scaling, and not fearing hard forks down the road in order to upgrade the BCH software. Currently, there are five development teams who say they are working with the BCH project, which include developers from Bitcoin ABC, Unlimited, Nchain, XT, and Classic.
Bitcoin Cash Developers Don’t Fear Hard Forks
At the moment there are lots of ideas being tossed around like a malleability fix without the additions Segregated Witness adds, and a different difficulty adjustmentalgorithm. To push these new ideas forward, some BCH developers are not afraid to hard fork the network occasionally.
“If we want to scale big we’ll have to do a hard fork from time to time,” explains Bitcoin ABC developer Amaury Séchet recent developers mailing list post. “Longer term, we may want to use extension point to add new features, but we are not there yet — more on extension points later on.” Séchet and many other developers have been discussing quite a few different concepts regarding the future of Bitcoin Cash. The lead Bitcoin ABC developer Séchet mentions a new Merkle tree format and improving light client security with UTXO commitments. Other developers would also like to work on non-consensus changes to improve and make the BCH network more reliable. Development discussions have also revolved around how a hard fork should be coordinated and combining multiple changes in a consensus change.
Bitmain’s Jihan Wu: ‘Satoshi Made it Clear That Blocks Would Have to Grow’
Last week the CEO of Bitmain Technologies, Jihan Wu, was interviewed by the Chinese exchange Huobi and discussed the Bitcoin Cash network in great detail. Mr. Wu explains that he believes Satoshi made it clear that blocks would have to grow and hard forks were important to Bitcoin’s upgrade process.
“This was already apparent in Satoshi’s white paper, emails, and his discussions on bitcoin forums where he expressed similar views,” explains Mr. Wu’s translated interview.