Bitcoin Cash Community Preps Hard Fork Slated for November 13

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Bitcoin Cash Community Preps Hard Fork Slated for November 13

October 22, 2017 Latest news 0
Over the past few weeks, the discussion regarding fixing the Difficulty Adjustment Algorithm for the Bitcoin Cash network has been a very hot topic. Now according to sources, the protocol’s developers are in the midst of planning a hard fork slated for November 13, 2017. Also Read: Satoshi Nakamoto Should Be on Forbes’ Rich List

Several Proposals Developed, Coded, and Tested

Bitcoin Cash Community Preps for a Hard Fork Slated for November 13According to Juan Garavaglia of the organization, bitcoin cash (BCC) developers are currently planning a “smooth hard fork” for November 13. spoke with Garavaglia briefly about the subject, and he says that developers Amaury Séchet, Tom Harding, and Neil Booth have submitted proposals. Further, Garavaglia is in the midst of testing a variety of “Difficulty Adjustment Algorithms” (DAA). At the moment the current DAA isn’t operating so well for the BCC network.           “The Bitcoin Cash DAA has served its original purpose quite well, but now the side effects are hurting Bitcoin Cash,” explains Garavaglia.
Several proposals have been developed, coded, and tested. There has been a lot of discussion in developer groups. My team is now testing the best proposals, and there is consensus that the Bitcoin Cash network will receive an upgrade.
Bitcoin Cash Community Preps for a Hard Fork Slated for November 13’s Juan Garavaglia.

Bitcoin ABC’s Next Release

Garavaglia details that the fork discussion has been talked about for quite some time, and the timing doesn’t really have anything to do with the approaching Segwit2x fork. “It was always assumed things would be fixed around this time, but really one thing has little to do with the other,” says Garavaglia.      “Solutions have already been coded and tested — It will be fixed in the next release of Bitcoin ABC, hopefully in the next several days,” Garavaglia adds. “This will allow businesses a few weeks time to upgrade their nodes — At the moment we’re running real nodes and real hashrate on a testnet, using Bitcoin ABC binaries with the modified DAA algo.”  
We are removing and adding extreme amounts of hashpower (such as 95%) and then we observe how the difficulty actually adjusts with the new code. In addition, the individual developers of the new algorithms have performed their own simulations and there are comparisons being run for different scenarios.

‘Everything Does Much Better Than the Current Bitcoin Cash DAA’

Forum discussions across the BCC community seem to favor the DAA upgrade announcement. Most BCC proponents were already onboard with fixing the protocol’s difficulty algorithm, as many individuals profusely expressed the DAA fix was a priority. In fact, Garavaglia says all of the current trial algorithms are better than the current version.      “So far, everything does much better than the current DAA, and the “turbo blocks” problem is less severe and corrects faster than before — We’re looking forward to continuing our testing during the next several days which will enable Bitcoin ABC to publish their new software version with increased confidence,” Garavaglia concludes. What do you think about the Bitcoin Cash network preparing to hard fork on November 13? Let us know your thoughts in the comments below.
Images via Shutterstock, the Future of Bitcoin, and
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