Bitcoin Cash network successfully undergoes an upgrade and more than 30,000 new stores now accept BCH payments. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel.

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BCH Network Upgrade in Bitcoin.com’s Weekly Update

This week’s show covers the recent upgrade to the Bitcoin Cash (BCH) network, adding Schnorr signatures and the Segwit recovery exemption. With the changes successfully completed, developers are now able to create payment channels and atomic swaps hidden as ordinary payments as well as lightning-style payment channel networks if they ever wanted to.

The team also discusses a recently announced custodial wallet called Spedn, which will allow cryptocurrency users the ability to spend their coins at 30,476 new stores. This is achieved thanks to partnerships with well known retail chains such as Lowes, Gamestop, Whole Foods, Petco, Barnes & Noble, Regal Cinemas, Baskin Robbins, Crate and Barrel, and Nordstrom.

Other topics mentioned on the show are booking platform Travala partnering with Bitcoin.com to empower millions of users to save on travel expenses and the upcoming Local.Bitcoin.com service. The peer-to-peer BCH exchange will launch on June 4 but you can already create an account, open sell orders, setup your referral program, and explore the site right now.

Make sure to subscribe to the Bitcoin.com Youtube channel and leave a comment on the latest video.

Images courtesy of Shutterstock.

Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com.

Tags in this story

BCH Adoption, Bitcoin Cash Upgrade, Local.bitcoin.com, Travala

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Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been covering Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain technology at numerous financial conferences around the world, from London to Hong-Kong.