{"id":5539,"date":"2018-05-08T00:00:00","date_gmt":"2018-05-08T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2018\/05\/08\/bitcoin-cash-hard-fork-15-of-may\/"},"modified":"2023-08-30T06:53:11","modified_gmt":"2023-08-30T06:53:11","slug":"bitcoin-cash-hard-fork-15-of-may","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitcoin-cash-hard-fork-15-of-may\/","title":{"rendered":"Bitcoin Cash &#8211; Hard Fork 15 of May"},"content":{"rendered":"<p style=\"text-align: justify\"><a href=\"https:\/\/crypto-economy.com\/bitcoin-cash-the-bitcoin-hard-fork-is-here\/\"><strong>Bitcoin Cash (BCH), the first Bitcoin hard-fork happened on August 1<\/strong><\/a>, 2017 and is currently in the fourth position of the most capitalized currencies, <strong>has planned its hard-fork for the next 15 of May.<\/strong><\/p>\n<p><!--more--><\/p>\n<h2 style=\"text-align: justify\">What changes does the Hard Fork of Bitcoin Cash bring?<\/h2>\n<p style=\"text-align: justify\">This Hard Fork will bring several improvements such as:<\/p>\n<ul>\n<li style=\"text-align: justify\">Rehabilitation of several <strong>operation codes.<\/strong><\/li>\n<li style=\"text-align: justify\">increase in the maximum size of blocks to 32 MB (currently it is 8Mb).<\/li>\n<li style=\"text-align: justify\">Automatic reproduction protection for future Hard forks.<\/li>\n<li style=\"text-align: justify\">increase in the size of the data operator to 223 bytes total (currently it is 40 bytes).<\/li>\n<\/ul>\n<h2 style=\"text-align: justify\">When will it occur?<\/h2>\n<p style=\"text-align: justify\">As indicated by Bitcoin ABC (one of the developers of Bitcoin Cash), the update is based on the &#8220;Median Time Past&#8221; (MTP) in block 1526400000, <strong>which will take place on Tuesday, May 15,<\/strong> 2018 at around 4:00 PM UTC. (Coordinated Universal Time)<\/p>\n<p style=\"text-align: justify\">There is no exact time for this to happen since it depends on the state of the block . When the MTP of the 11 most recent blocks is equal to or greater than 1526400000, the new rules will apply.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-45628\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2022\/12\/bitcoin-cash-2.jpg\" alt=\"fork bitcoin cash\" width=\"700\" height=\"490\" \/><\/p>\n<h2 style=\"text-align: justify\">Upcoming updates<\/h2>\n<p style=\"text-align: justify\">As announced on the official Bitcoin Cash website,<strong> this will be the first of a list of updates. The next one is scheduled for November 2018.<\/strong><\/p>\n<p style=\"text-align: justify\">The team of BitcoinABC developers are working to get in touch with the main Exchanges and wallet providers so that they can support the Bitcoin Cash network update.<\/p>\n<p style=\"text-align: justify\">Also BitcoinABC recommends to all users who use the Bitcoin Cash network to verify that their software version is compatible with the update.<\/p>\n<h2 style=\"text-align: justify\">Where can I update the software?<\/h2>\n<p style=\"text-align: justify\">You can update the software on the web page of the following developers:<\/p>\n<ul>\n<li style=\"text-align: justify\"><a href=\"https:\/\/www.bitcoinabc.org\/\" target=\"_blank\" rel=\"noopener\">bitcoinabc<\/a> update to version 0.17.1<\/li>\n<li style=\"text-align: justify\"><a href=\"https:\/\/www.bitcoinunlimited.info\/download\" target=\"_blank\" rel=\"noopener\">bitcoinunlimited<\/a> update to version 1.3.0.1<\/li>\n<\/ul>\n<h3 style=\"text-align: justify\"><strong>BitcoinABC<\/strong><\/h3>\n<p style=\"text-align: justify\">BitcoinABC is a full-node implementation of the Bitcoin Cash protocol. Its objective is to provide a solid and stable software and help lead the development of the Bitcoin Cash protocol with an open and collaborative process.<\/p>\n<h3 style=\"text-align: justify\"><strong>BitcoinUnlimited<\/strong><\/h3>\n<p style=\"text-align: justify\">Its objectives are to encourage Bitcoin protocol implementations and support the growth and adoption of this cryptocurrency.<\/p>\n<h2 style=\"text-align: justify\">Will a new currency be created with the Hard Fork?<\/h2>\n<p style=\"text-align: justify\">In the Hard Fork of May 15, Bitcoin Cash will not create a new currency since only one update of the Software will be made.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Cash (BCH), the first Bitcoin hard-fork happened on August 1, 2017 and is currently in the fourth position of the most capitalized currencies, has planned its hard-fork for the next 15 of May.<\/p>\n","protected":false},"author":5,"featured_media":5540,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98,70,74],"tags":[4604,4712],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/5539"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=5539"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/5539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/5540"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=5539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=5539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=5539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}