EXMO Supports BCH Protocol Upgrade

EXMO Supports BCH Protocol Upgrade

Yesterday saw the latest Bitcoin Cash protocol update which was supported by the exchange platform, EXMO.

These updates happen every 6 months as part project’s roadmap and as a means to make sure the hard-fork of Bitcoin is operating at its optimal potential.

Due to this, users of EXMO yesterday would have seen some downtime on the asset but this was because they were upgrading the asset. This should now have been completed and full functionality should have returned.

The protocol has allowed for the following new functions;

  • Increased transaction chain limit from 25 to 50.
  • OP_REVERSEBYTES opcode support in script.
  • Improved counting of signature operations using the new “SigChecks” method.
  • Support for a miner-activated infrastructure funding plan.

While this might not mean a lot to you, the upshot is that the Bitcoin Cash will continue to function in a way it is supposed to and not be hindered by any technical errors. If you would like to learn more about the upgrade or trade BCH, then EXMO is the place to do both of these things.

Don’t forget, thanks to a new partnership with Koinly, crypto taxes are much easier than ever before at the platform.

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