Bitcoin Cash completes annual upgrade: Optimizes Virtual Machine performance and enhances Decentralized Finance development efficiency.

According to Gate News bot, Bitcoin Cash has completed its annual network upgrade, which includes the technical proposals CHIP-2021-05 and CHIP-2024-07.

The CHIP-2021-05 proposal adjusts the restrictions on the virtual machine, thereby enhancing the handling capacity for contract complexity, optimizing transaction scale, and improving node performance. At the same time, the CHIP-2024-07 proposal removes the digital length limitations, providing support for high-precision arithmetic operations. This improvement simplifies the development process of decentralized financial applications and reduces computational resource consumption.

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