BitcoinCash Weekly News September 30th 2024 by the BCHF

By Bitcoin Cash Foundation | Bitcoin-Cash | 30 Sep 2024

GENERAL PROTOCOLS SPACES #34 FEATURING JASON DREYZEHNER

Jason Dreyzehner, author of the VM Limits and Big Int CHIPs, recently joined the General Protocols crew to discuss his proposals for upgrading the Bitcoin Cash protocol. The VM Limits CHIP aims to increase the computational budget for BCH smart contracts, while the Big Int CHIP removes a limit on big integer arithmetic. Dreyzehner explained that the upgrades would allow for more complex contracts, such as decentralized exchanges (DEX) and prediction markets, while maintaining the network’s security and scalability. He also highlighted the importance of the utxo model, which enables parallel validation and makes BCH more efficient than global state architectures like Ethereum. Additionally, Dreyzehner discussed the benefits of zero-confirmation escrows, which can provide instant finality for transactions. The conversation also dove into the Chip process itself, all in all a must listen for those interested in next year’s possible upgrades. https://www.youtube.com/watch?v=xNQK3Ula2Ao

CASHSCRIPT PLAYGROUND TUTORIAL VIDEO

A new tutorial video has been released to help developers get started with CashScript, a programming language for Bitcoin Cash smart contracts. The tutorial utilizes the CashScript Playground, a tool that allows developers to write, test, and debug their smart contracts in a simulated environment called MockNet. The tutorial covers various topics, including contract development, transaction building, and debugging, and features examples of simple and more complex contracts, such as a recurring donation contract. With the recent update to CashScript, developers can now use the playground to test and debug their contracts more efficiently, with features like line-by-line evaluation and error messaging. The tutorial is designed to help developers take advantage of these new features and improve their overall Bitcoin Cash smart contract development skills.
https://youtu.be/jnU3z96q8Ys

PAYTACA CELEBRATES 100 ONBOARDED MERCHANTS

Paytaca has announced they have surpassed 100 merchant partners following a successful two-week onboarding period in the Philippines and Hong Kong. The company has welcomed numerous new merchants, including food establishments, travel services, and media consultancies, across various cities, including Ormoc City and Tacloban City in the Philippines, as well as Hong Kong. Notably, BFF Burgers, a popular restaurant in Hong Kong’s Hysan Place mall, now accepts Bitcoin Cash payments through Paytaca.

THE BITCOIN CASH PODCAST #128 FEAT. AMAURY SÉCHET

A recent episode of The Bitcoin Cash Podcast featured Amaury Séchet, the lead developer of XEC. Séchet, who previously held a key role in the Bitcoin Cash community, discussed the history of Bitcoin splits, including the creation of Bitcoin Cash and its subsequent split with BSV. He also shared his thoughts on the current state of Bitcoin Cash, the battle for global reserve currency. During the conversation, Séchet touched on various topics, including the evolution of consensus mechanisms, the role of funding in cryptocurrency development, and his vision for the future.
https://www.youtube.com/watch?v=KcEAgja9KQA

JASON DREYZEHNER DOES AMA (ASK ME ANYTHING) ON REDDIT

Bitcoin Cash developer Jason Dreyzehner, also known as bitjson, held a “Ask Me Anything” (AMA) session on Reddit to discuss his proposed Cash Improvement Proposals for the May 2025 upgrade. The AMA provided an opportunity for the BCH community to ask questions, engage in discussions, and provide feedback on the proposed CHIPs. During the session, Jason shared insights into the potential impact of these upgrades on various aspects of the BCH network, including DeFi projects, smart contracts, and escrow strategies. The AMA aimed to foster conversations and gather input from users, businesses, and developers ahead of the lock-in decision on November 15th and eventual activation in May 2025.

BITCOIN VERDE RELAUNCHES 2025 UPGRADE FLIPSTARTER

Bitcoin Verde, a full-node implementation of the Bitcoin Cash protocol since 2018, is gearing up for the 2025 upgrade. The platform has undergone significant improvements, including a migration from MariaDB to LevelDB, which has increased transaction processing performance and resolved stability issues. Bitcoin Verde is currently seeking funding to implement the 2025 BCH Upgrade, supporting both CHIP-2024–07-BigInt and CHIP-2021–05-vm-limits. Additionally, they plan to provide a proof of concept implementation of these CHIPs by October 2024. The funding will also support the completion of the ABLA and the release of Bitcoin Verde 3.0. To contribute visit https://flipstarter.bitcoinverde.org/en