BCH Half Month Hot Spot Review

As BCH's adoption rate and influence increase around the world, the number of hot events related to it is also increasing. This article hopes to summarize the recent news in chronological order in the form of event summary, so as to help enthusiasts understand BCH more clearly.

《BCH's Infrastructure Financing Plan》

Jiang Zhuoer proposed the "BCH Infrastructure Financing Plan", in which several major mining pools on BCH (BTC.TOP, Antpool, BTC.com, ViaBTC, Bitcoin.com) are preparing to implement a 6-month short-term donation plan to donate 12.5% ​​of the BCH block rewards to a fund that supports BCH infrastructure, providing BCH developers with sufficient development funds to accelerate the development of BCH before the bull market in 2020-2021/22. This donation will be decided by miners in the form of computing power voting. If more than 2/3 of the computing power votes in favor of the donation, this donation plan may be included in the next upgrade (May 15) plan.

Nearly 7,000 tokens have been created on the BCH network

Total transaction volume exceeds 600,000 times

According to statistics from the website https://explorer.bitcoin.com/bch/tokens, as of today, more than 6,905 tokens have been created on the BCH network, with a total transaction volume of more than 600,000 times, and a transaction volume of nearly 5,000 in the past 24 hours.

There are more than 40 websites that accept BCH payment gateways

According to statistics from the cryptwerk website, there are 41 websites that accept BCH payment gateways. Users can check the websites that provide BCH gateway payment at https://cryptwerk.com/companies/payment-gateway/bch/, including well-known websites such as bitpay, coingate, and spicepay.

Travala.com: BCH can be used to book hotels in 37 countries around the world

Statistics from Travala.com, a blockchain-based hotel booking platform, show that BCH has become one of the top three cryptocurrencies used to book hotels on the site, accounting for 8% of all bookings in 2019. In 2019, BCH can be used to book hotels in more than 37 countries around the world. On the payment page of Travala.com, users are introduced to what BCH is and how to use BCH to pay for hotel reservations.

Australian community donates 4.85 BCH to Port Macquarie Koala Hospital

The ongoing wildfires in Australia have attracted the attention of the BCH community. After the community called for fundraising, the BCH community has extended a helping hand. Bitcoin Cash City donated all the 4.85 BCH raised to the Port Macquarie Koala Hospital. The funds will be used to help the survival of injured koalas and other wild animals.

More than 13,000 ATMs in South Korea can use BCH to withdraw money

According to Bitcoin.com, Korean cryptocurrency company Mecon Cash has added BCH to its payment platform M.Pay. M.Pay has cooperated with the largest ATM provider, so now users can withdraw Korean won cash through M.Pay at more than 13,000 ATMs in GS25 and Mini Stop, the largest convenience stores in South Korea. In addition, users can also use BCH for shopping on Mecon Cash's e-commerce platform and use M.Pay for rewards in mobile games.

BCH developers hold first meeting of 2020

On January 23, BCH developers held their first video conference in 2020 to discuss the ongoing development of the BCH ecosystem and the upgrade and specification work in May. The developers mainly discussed how to improve and reasonably optimize the script language in BCH and the BCH Script roadmap. Bitcoin ABC's Mengerian published the roadmap on Github, and its goal is to "provide a framework for organizing and evaluating potential consensus changes to the BCH script system." The projects listed on the roadmap include adding larger integers, implementing OP_Mul, OP_Reversebytes, pushing items in the sighash original image onto the stack, reverse OP_Roll, and increasing the script size limit and opcode count limit. BCH developers Amaury Séchet and Mark Lundeberg also provided feedback and suggestions on the script roadmap.

Data scientists use experiments to prove the authenticity of privacy tool CashFusion

Data scientist James Waugh published an article titled "Is CashFusion Really Anonymous?" In response to the developer's claim that Cash Fusion has a richer transaction combination experience, Waugh used rigorous testing to prove that CashFusion provides BCH users with relative transaction anonymity. The article introduced that he repeated the experimental process in thousands of matching subsets, but could not mathematically prove that it was a real transaction. He said that this is more practical than other CoinJoin protocols that require users to initiate equal transaction amounts.

Developers announce CashFusion alpha release

On January 17, BCH developers called Acidsploit announced that they had launched the much-anticipated alpha version of Cashfusion. Interested parties can contact the Cashfusion developers through the team's Telegram group to become alpha testers. Since the original Cashshuffle project was launched on March 27, 2019, more than 200,000 BCH have been shuffled. According to @Acidsploit, a total of 42,446 shuffles have been performed so far, and the volumes recorded daily show that shuffles do increase on weekends. The developer's Cashshuffle website also shows the number of Cashfusion transactions, and there are now 1,322 fusions at the time of publishing. The shuffle data can be found at https://stats.devzero.be/#/.

The developers also noted that current Alpha Cashfusion clients take advantage of the following features:

Enable/disable cash integration

Integrated TOR client

Monitoring status

l Coin target setting (coin quantity, coin size, random score)

Multiple queues

Self-fusion (temporary to get better fluidity during testing)

BCH enthusiasts held offline gatherings in many regions around the world

In the past month, Miami, Budapest, Venezuela, the Philippines and other regions held offline gatherings for enthusiasts. The Venezuela BCH House held their first BCH gathering. The local person in charge said that the most important and difficult thing is to educate users about cryptocurrency. Australian enthusiasts spent more than $650 on BCH in a single week in January, which exceeded the cumulative consumption of BTC or LN in December.