CDY will perform a hard fork upgrade at May 15th, this upgrade includes DAA optimization and some features and fixes port from Bitcoin Cash Bitcoin difficulty index 2018 NETWORK UPGRADE. The updated DAA algorithm can deal with fluctuations of hashrate much better.
Please update the node as soon as possible. Bitcoin Candy team will fork Bitcoin Cash at block height 512666, after which some of the improvements proposed by the community will be added to the forked chain. On this new chain we are going to explore quantum-resistant solution of bitcoin based on our cryptography background. Bitcoin Cash at the height of 512666. The original BCH holders will be compensated with 1000 CDY for every BCH held.
New features will be added to the forked chain and we will explore quantum-resistant solution on this chain. In the past few years, D-Wave, IBM, Intel and other technological giants invest a lot of manpower and resources to increase research and development of quantum computers, i. Pan Weijian in Chinese University of Technology have made breakthrough achievements in quantum communications. The development of quantum computer will not only bring great changes to people’s lives, but also pose a serious threat to traditional public key cryptography.
Public key cryptosystems such as ECDSA and RSA will be solved in polynomial time by these quantum computers. So, virtual currency like Bitcoin which use ECDSA as a signature algorithm will become unsafe. To find post-quantum digital signature algorithm is of vital important. Our team has a deep post-quantum cryptography background and will conduct research and experiments on the CDY chain for practical public key signature algorithms in the post-quantum-era blockchain. Why forked from BCH, can BTC holders get free CDY? We think BCH is more in line with Satoshi Nakamoto’s vision of bitcoin “a peer-to-peer electronic cash system” and will have a brighter future.
CDY at the rate of 1BCH : 1000CDY. What is the total supply of CDY? How to claim my free CDY? If your BCH is stored in a wallet where you can control private key yourself, you will definitely get free CDY. Just waiting for the wallet developer to provide feature to claim. If your BCH is stored in the exchange, the exchange will receive free CDY, please pay attention whether the exchange will provide CDY’s collection function or not.