BitcoinCash Weekly News February 4th 2025 by the BCHF


 

 

STABLE AND READY: PAYTACA’S VERSION 0.22.0

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Paytaca has launched its latest update, version 0.22.0, and it’s got some exciting new features. The highlight of this release is the early alpha version of “StableHedge”, a tokenized BCH hedging solution that promises to bring more stability to Paytaca wallet users. Additionally, users can now search transactions by Reference ID, making it easier to track their activity. The update also includes improved notifications, restored multiple recipients, enhanced transaction details, and a more intuitive sending experience. The P2P Exchange has been streamlined, and Wallet Connect is now enabled on chipnet. To top it all off, several bug fixes have been implemented to improve the overall reliability of the platform. Users can update now and enjoy a faster, more feature-rich Paytaca experience. For more information, visit Paytaca’s website.

CHIP-ING IN FOR 2027: JASON’S TXV5 PROPOSAL FOR BCH

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Jason Dreyzehner has proposed a another upgrade to the Bitcoin Cash network, dubbed CHIP-2025–01 TXv5: Transaction Version 5. The upgrade proposes numerous improvements, including zero-overhead covenants, detached signatures, comprehensive malleability protection, efficient covenant UTXO recycling, fractional satoshis, and fractional CashTokens. According to Dreyzehner, these changes will enable user-deployed financial and privacy covenants to minimize transaction sizes, matching or outperforming purpose-built “layer 1” networks. The proposal is currently in draft form and is expected to be debated ahead of the the Bitcoin Cash network upgrade in May 2027. For more information, visit the GitHub repository.

BCH ARGENTINA’S FLIPSTARTER CAMPAIGN IS LIVE

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Bitcoin Cash Argentina is back with its fifth Flipstarter campaign, aiming to raise 320 BCH to continue expanding the BCH ecosystem in Argentina. The team has been promoting BCH and growing the community through various initiatives, including meetups, debates, educational videos, and merchant adoption. The new campaign will focus on launching the Bitcoin Cash Argentina Club, a unique space for community members to connect and learn, as well as implementing new lotteries, BCH Experience events, and influencer partnerships. Additionally, the team will be maintaining and updating its apps, and developing a community bot to improve safety and trust within the community. To support the BCH Argentina team, visit the Flipstarter page.

CONSENSUS CHAOS: GENERAL PROTOCOLS EXPLORES THE CHALLENGES OF UPGRADING BTC

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Rearden, a Bitcoin educator and developer, recently joined a General Protocols discussion to explore the differences in approach to network upgrades between Bitcoin Cash and BTC. Rearden discussed his own proposal, LNhance, which aims to improve the script interpreter and enable more efficient protocol development. The conversation touched on the challenges of achieving consensus in a decentralized network, contrasting how consensus works between the 2 sides of the fork. Rearden also noted that it may be necessary to fork the Bitcoin software if the current maintainers are no longer acting in good faith. All in all a very interesting and respectful debate. To learn more about the discussion, watch the full recording here.

FROM ECONOMICS TO CODING: MATHIEU’S BITCOIN CASH JOURNEY

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Mathieu Geukens, an independent Bitcoin Cash developer, recently sat down with Paul to discuss his journey from economics to coding. Geukens, who has been working on CashTokens for over a year, shared his passion for developing on the Bitcoin Cash network, citing its potential for scalability and innovation. He also talked about his work on CashScript, a toolkit for developers to create smart contracts on the Bitcoin Cash network. Geukens’ project, Cashonize, a wallet that supports cash tokens, is also making waves in the community. To learn more about Geukens’ work and the latest developments in the Bitcoin Cash ecosystem, watch the full interview here

JASON DREYZEHNER JOINS FIENDISH & FRIENDS TO DISCUSS HIS LATEST CHIP STORM

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Jason Dreyzehner, a prolific developer in the Bitcoin Cash ecosystem, recently appeared on the Fiendish & Friends podcast to discuss his latest CHIP proposals, including OP_EVAL, P2S, Loops, and the newly proposed Transaction Version 5 (TXv5). Dreyzehner explained that these upgrades aim to bring significant improvements to the Bitcoin Cash network, such as zero-overhead covenants, detached signatures, and fractional satoshis. The TXv5 proposal, in particular, has sparked interest and debate within the community, with some developers expressing concerns about its complexity and potential risks. Listen to the full episode of Fiendish & Friends with Jason Dreyzehner here. For more information on the proposed CHIPs, visit the Bitcoin Cash Research Forum. Follow Jason Dreyzehner’s blog for the latest updates on his work.

THE MARKET THIS WEEK

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PRICE STATS: ORACLES.CASH

ENERGY STATS: GREENBITCOIN.ENERGY

 

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Bitcoin Cash is a peer-to-peer electronic cash system that aims to be sound global money with fast payments, micro fees, privacy, defi & big blocks.

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