The global Bitcoin Cash network is set to run a biannual upgraded scheduled on November 15th, 2020. This upgrade not only implements new improvements for coinbase rules but also sets percentages for each new block reward being added to a fund. The said fund is purposed towards ensuring sustainable financial support for the business-critical development of Bitcoin Cash infrastructure and its maintenance. This will enable the Bitcoin Cash cryptocurrency to outline a roadmap on becoming the world’s biggest peer-to-peer digital wealth asset.
Some portion of the funds are being dedicated to leveraging the work of Bitcoin ABC codebases, but the Bitcoin Cash team is also working towards building a greater ecosystem. Bitcoin ABC is also supporting the Bitcoin Cash network with a diverse stack of high-value stakeholders. Soon, it will demonstrate a new plan for Bitcoin Cash stakeholders and keep them actively involved with the design as well as the implementation of this fund. There is consistency in the value standardization, wherein Bitcoin ABC dedicatedly fosters an environment with the highest level of transparent and accountable fund management.
By supporting the Bitcoin Cash infrastructure, Bitcoin ABC is also providing a reliable core for crypto miners and decentralized exchanges. These assets continue to be the operational backbone of the Bitcoin Cash network. With a launch in 2017, Bitcoin ABC stayed hyper-focused on node development and blockchain network enhancements in the following years.
The BCHD project is a great example of how Bitcoin ABC supports a well-maintained and breakthrough node by streamlining it with the workloads of multiple non-mining businesses on the ecosystem of Bitcoin Cash. BCHD developers Josh Ellithorpe and Chris Pacia proved how standalone market actors are free to innovate and can deliver standout products & services.
Simple Ledger Protocol, co-created, James Cramer, continues to expand the capabilities of BHCD. The Simple Ledger Protocol is adding support for data indexing, particularly for enabling easy and reliable support to businesses’ data via its tokens. Bitcoin ABC is on a high after celebrating its efforts towards dedicating an empowered technical workforce and robust financial resources way ahead of its time.
According to Bitcoin Cash news, several investors look forward to working with the many dedicated and professional stakeholders by introducing them to the Bitcoin Cash ecosystem supported on the Bitcoin ABC roadmap.