Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations

There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule. Moreover, during the last few days, a few groups of bitcoin cash miners have been signaling “Powered by BCHN” in the block’s coinbase parameters.

The controversy in Bitcoin Cash land continues, but now most of the conversation is turning to watching miners. On August 5, news.Bitcoin.com reported on how the BCH difficulty adjustment algorithm (DAA) debate started a lot of infighting within the BCH community. This week a number of Bitcoin Cash mining pools have started to signal node implementations.

A number of miners have been signaling “Powered by BCHN” in the coinbase parameter messages.

Following the DAA debate, the Bitcoin ABC team revealed it would leverage the ASERT DAA, however, the team also said it would add the Infrastructure Funding Proposal (IFP) coinbase rule as well. This decision continued to feed the blockchain bifurcation fears as a number of BCH supporters dislike the coinbase rule.

On August 18, Bitcoin ABC developers published a blogpost that revealed a new client release 0.22.0, which contains new features. Bitcoin ABC said a “feature freeze is now in place” and the features added include the ASERT DAA and “a new coinbase rule [that] will reinvest 8% of the coinbase reward.”

The 8% will be funneled into “Bitcoin Cash infrastructure development,” the blog post says. “That means more technical talent can be hired to maintain and develop the network so it can better support your business moving forward.”

Furthermore, the official Bitcoin.com Twitter account explained the…

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