Bitcoin Cash (TIKER: BCH.EXANTE) is expected to fork on May 15, giving birth to Bitcoin ABC, developers announced in a Twitter post.
The upgrade to the consensus rules will raise BCH’s blocksize fourfold from 8 MB to 32 MB and will activate and re-initiate a series of Bitcoin script operation codes.
“The Bitcoin Cash development community performs periodic and regular network upgrades in order to evolve the network,” the team said in a blog post.
Bitcoin ABC 0.17.0 is available now, and contains code to run the new consensus rules, as well as code to smoothly transition from the old rules to the new rules at the scheduled activation time.
“Bitcoin ABC will take steps to contact major exchanges and wallet providers. All assistance in this effort is welcome,”developers assured.
Bitcoin ABC is currently testing both the new rules and their activation.
By Siranush Ghazanchyan