Li Xiaolai's team intends to fork Bitcoin, support smart contracts, and expand the block size to 8M

Li Xiaolai's team intends to fork Bitcoin, support smart contracts, and expand the block size to 8M

On November 15th, the Super Bitcoin team, with Li Xiaolai as the chairman of the foundation, recently announced that it will implement a fork at the 498888th height on December 17, and begin technical experiments on BTC such as zero-knowledge proof and support for Turing-complete smart contracts, and expand its block to 8MB.

The team's route is roughly to launch smart contracts on March 1, 2018 to increase BTC scalability, launch zero-knowledge proof on May 31, 2018, and remove dynamic checkpoints on November 30, 2018 to achieve fully decentralized mining. It is understood that the split coin is SBTC, and the original Bitcoin holders will be given one-to-one. The total amount is 21.21 million, of which 210,000 are pre-mined for the fork.


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