Bitcoin Cash (BCH) adoption, improvement, and participation proceed to unfold as there’s been a myriad of BCH-related bulletins in the previous few weeks. Moreover, there’s now over 18 million bitcoin money in circulation and solely three million cash left to mine.
Bitcoin Cash Adoption and Announcements
The previous couple of weeks have seen quite a lot of new adoption tales, software program improvement, and new platforms that make the most of BCH. Proponents of the decentralized cryptocurrency have been relentlessly pushing for mass adoption whereas displaying a robust dedication towards scaling. Right now the worth of bitcoin money is hovering between $210-230 after most digital belongings dropped a couple of percentages in worth final week.
According to Coin Dance statistics, it’s 489x costlier to transact on the BTC chain compared to utilizing the BCH community. Additionally, on the time of publication it’s presently three.5% extra worthwhile to mine on the Bitcoin Cash blockchain. BCH followers have additionally witnessed the 18 millionth coin mined on the chain and there’s now solely three million BCH left to mine. The incontrovertible fact that there are so few left makes bitcoin money scarce and far superior to the fiat currencies that may be printed on a whim.
Bitcoincash.org’s Developer Portal
Find it at: https://t.co/GVAtXCMyhE
— Corentin Mercier (@merc1er) October 10, 2019
Bitcoin ABC Version zero.20.four and the November 15 Upgrade
Six days later, the Bitcoin ABC improvement group launched Bitcoin ABC model zero.20.four. The newest shopper launch offers customers with a brand new ‘createwallet` RPC command, bug fixes, and extra. The zero.20.four model is available to download now for quite a lot of working techniques. In addition to the current launch, BCH builders from throughout a number of shoppers are getting ready for the forthcoming November upgrade. BCH engineers plan to implement two new options: Schnorr help for OP_Checkmultisig and implementing Minimaldata in script, in any other case often known as the “Minimaldata” rule.
Telefuel Accepts Bitcoin Cash
A brand new unofficial platform for the Telegram messaging software Telefuel has introduced the agency is now accepting bitcoin money funds for its premium-tier providers. Telefuel is an software for Telegram energy customers who can leverage the platform for coworking, collaboration, and productiveness choices. For occasion, with Telefuel customers can entry Slack-like providers that may help particular person and group workflows. Features embrace chat folders, workspaces, keyboard shortcuts, unread point out filters, and cut up tabs for DMs, teams, bots, and channels.
“We’re building Telefuel to serve power users on Telegram, so crypto-industry professionals are obviously an important focus for us,” Telefuel co-founder Alan VanToai detailed. “Bitcoin Cash is a vital pillar within the business, so we’re completely satisfied to incorporate BCH among the many currencies we’re accepting for Telefuel Pro.”
Visual Recognition Engine Visionati Accepts Bitcoin Cash for Services
Another service that now accepts BCH is Visionati, a visible recognition engine that leverages synthetic intelligence (AI). Visionati believes it’s the “most robust computer vision API on the market” by providing superior algorithms and knowledge. Users can harness the platform to work together with picture and video metadata. Services provided embrace picture and video evaluation so individuals could make pictures and movies searchable with the power to filter as properly. This consists of automated tagging, NSFW filtering, facial recognition, emblem detection, colour evaluation, and optical character recognition. For providers, Visionati accepts BCH, ETH, and BTC. The startup believes it is among the first visible recognition merchandise enhanced by AI that accepts digital belongings.
Blockchain.poker’s Tournament Feature
A brand new function is on the market at blockchain.poker for customers who need to play poker for BCH, BTC, or BSV. Users can merely log in and sit down for a recreation or they will create their very own event on the platform with the added performance. The website’s house owners just lately revealed the poker platform’s event replace on Twitter, explaining: “You can now earn bitcoin by creating your own sponsored tournaments on blockchain.poker. Create a tournament by clicking the “+” button on the backside of the event foyer.”
This morning a couple of gamers announced on the Reddit discussion board r/btc a zero.5 BCH assured prize pool event on the internet portal. BCH followers appeared to benefit from the poker website’s announcement and one individual remarked: “Keep up the great work guys — I’m convinced this is going to be huge once the key features you described here are implemented. The reputation system should mitigate a good portion of the risk of cheaters if done right.”
Upcoming Consensus Changes and the Road Forward
Overall there’s been so much occurring inside the BCH ecosystem and passionate Bitcoin Cash proponents proceed to truck ahead. Bitcoin Cash miners, companies, and node operators are additionally getting ready for the consensus modifications coming November 15. The improve is a contact over two weeks away and based on builders, the added options will proceed to bolster the BCH roadmap going ahead.
What do you consider all of the Bitcoin Cash developments and adoption tales? Let us know what you consider this topic within the feedback part under.
Image credit: Shutterstock, Bitcoin ABC, blockchain.poker, Telefuel, Visionati, Coin Dance, and Twitter.
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