Bitcoin Cash

Bitcoin

Gains

. 
May 15th will see a blockchain update from the Bitcoin Cash (BCH) team that includes the adaptive block limit algorithm (ABLA). The network will be able to react to congestion more rapidly without outside help thanks to the update, which is intended to be ready for a potential spike in transaction demand. 
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Do you know anything else? Automating Bitcoin Cash’s reaction to a sudden spike in block size usage without necessitating consensus among network participants, ABLA is a component of the network improvement proposal CHIP-2023-04. 
The proposal stresses that the network will benefit and be protected from a specific kind of attack because the algorithm will be making decisions. The creators of Bitcoin Cash claim that increasing the block size requires manual consensus, which increases network costs and leaves the door open to social attacks triggered by disagreements. 
Developer Jason Dreisener of Bitcoin Cash said that this upgrade fixes “an economic vulnerability that was discovered in 2010 and led to the separation of Bitcoin Cash from the Bitcoin blockchain in 2017.” 
As of this writing, BCH is trading at $469.93, a loss of 1.3% per day, and its market capitalization of $9.25 billion places it 17th among all cryptocurrencies. Gains of 2.2% were recorded for the week, bringing the total growth to 82% since the start of the year.

A system for automatically adjusting block sizes is being developed by the Bitcoin Cash team.

Blocksays

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