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Economics Doctor Suggests Extending BCH Hard Fork To 3 Years
Summary: LIU Changyong, Doctor of Economics at Peking University, expressed his opinions regarding the hard fork of Bitcoin Cash (BCH). He said that BCH has experienced the continuous divergence with a great loss of ecological power. Now that the fork has been completed, peace needs to be restored as soon as possible. "We have to focusing ...
LIU Changyong, Doctor of Economics at Peking University, expressed his opinions regarding the hard fork of Bitcoin Cash (BCH). He said that BCH has experienced the continuous divergence with a great loss of ecological power. Now that the fork has been completed, peace needs to be restored as soon as possible. "We have to focusing on ecological construction and development," he stressed.
LIU also put forward some suggestions about the BCH fork via Weibo. In the next hard fork upgrade, the time of BCH hard fork upgrade should be extended to three years, in order to stabilize the ecology and comb the continuous confidence. He continued, in the next upgrade, the block producing time should be shortened to one minute, thus to gain competitive advantage over LTC. The one-minute block producing time of FCH proves it feasible, and the difficulty adjustment time is shorter, he noted. The upper limit of unconfirmed transaction chain should be increased in the next upgrade, aiming to meet the needs of some applications, according to LIU.
Tracy Chen
