Bitcoin Cash network successfully undergoes an upgrade and more than 30,000 new stores now accept BCH payments. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel.
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BCH Network Upgrade in Bitcoin.com’s Weekly Update
This week’s show covers the recent upgrade to the Bitcoin Cash (BCH) network, adding Schnorr signatures and the Segwit recovery exemption. With the changes successfully completed, developers are now able to create payment channels and atomic swaps hidden as ordinary payments as well as lightning-style payment channel networks if they ever wanted to.
The team also discusses a recently announced custodial wallet called Spedn, which will allow cryptocurrency users the ability to spend their coins at 30,476 new stores. This is achieved thanks to partnerships with well known retail chains such as Lowes, Gamestop, Whole Foods, Petco, Barnes & Noble,…