Today, at precisely 9 a.m. ET on May 15, 2020, the Bitcoin Cash network completed another upgrade adding a few new features to the blockchain. The latest upgrade comes with new opcode support, a chain limit extension, and the improved counting of signature operations using the new “Sigchecks” implementation.
A Number of Blocks Have Been Mined Under New Consensus Rules
Every six months, the Bitcoin Cash network upgrades, and they usually take place on May 15, and November 15 every year. BCH supporters all around the world have been monitoring the upgrade, as they do every year, in order to see if everything went smoothly. The upgrade initiated after block 635,258 and the consensus rules went into effect after the next block was mined. The first addition allows for faster re-spending of unconfirmed transactions as developers have increased the chained transaction limit from 25 to 50. If one was to look at the history of mempool chain limiting, they would find that when Satoshi first released Bitcoin, he did not include a limit….