The new Bitcoin Cash upgrade makes Blockchain & # 39; Immutable & # 39; after 10 confirmations

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "A new version of Bitcoin ABC & # 39; s & nbsp ;Bitcoin money the software has some improvements aimed at preventing chain reorganizations from taking place. This is partially in response to "attacks"The network has lived through litigation rigid fork at the beginning of this month, and partly to prevent a situation similar to the current one seen in Bitcoin Cash Satoshi's vision a few days after the fork. "data-reactid =" 22 "> A new version of Bitcoin ABC's Bitcoin Cash software has some improvements that are designed to prevent chain reorganisations from occurring." Attacks "that the network suffered after the severe mishap. 39; beginning of this month, and partly to prevent a situation similar to the one that was seen in the Vision of Bitcoin Cash Satoshi a few days after the fork.

<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Second l & # 39; ads, some new code will limit the effect that a reorganization, or emerging concurrent chains and potentially neutralizing previous transactions, may have on a single client. "data-reactid =" 23 "> According to the announcement, some new code will limit the effect that a reorganization, or emerging concurrent chains and potentially neutralizing previous transactions, can have on a single customer.

"You may have read about several media reports that there are some miners who continue to threaten the BCH network with chain reorganizations, many consider this to be a threat to the fundamental functionality of the chain and to its use as peer-to-peer money. uncertainty that this causes for users, companies and the market in general. "

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "It seems that the method used to do this is by changing the parameters in based on which the standard Bitcoin ABC clients will consider reorganisations this commits, they must "have enough work accumulated." Also, the child blocks will not be automatically moved. "data-reactid =" 26 "> It seems that the method used to do this is by changing the parameters according to which the standard Bitcoin ABC clients consider reorganisations.According to this commitment, they must" have accumulated enough work ". they will not be moved automatically.

Overall, with a number of other small improvements in this version, it will be really much harder for a longer upstart chain but with a different transaction record (a situation that may create chaos for the network over short intervals, but never actually damages the user portfolios) to take the upper hand. The default behavior of clients will no longer be in support of such chains by their nature.

"With this new version, you will know that transactions are immutable after 10 confirmations.This protection maintains deep reorganizations from the negative impact on you or your business".

This does not mean that reorganisations are impossible. It simply means that there are many more parameters that customers will consider when such reorgs will arise.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Another commit"finalizes automatically"Blocks after 10 confirmations.This is something like setting the blocks in the stone after the required number of nominal confirmations, a situation that reorganizations can deny having a longer chain / more work." Data-reactid = "31"> Another commit "automatically finalizes" the blocks after 10 confirmations: it is like setting the blocks in the stone after the required number of confirmations nominally requested, a situation that the reorganisations can deny having a longer chain / more work.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "According to a website that continue with these things, less than 100 knots had risen to 0.18.5 at the time of writing, with a majority still running at 0.18.2. "data-reactid =" 32 "> According to a website that keeps pace with these things, less than 100 nodes had updated to 0.18.5 from the time of writing, with a majority still running 0.18.2.

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The post The new Bitcoin Cash upgrade makes Blockchain & # 39; Immutable & # 39; after 10 confirmations appeared first on CCN.
"data-reactid =" 33 ">
The new Bitcoin Cash Upgrade post makes Blockchain & # 39; Immutable & # 39; after 10 Confirmations appeared first on CCN.

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