According to reports from Wu, Bitcoin Cash has completed its annual upgrade, enabling two proposals: CHIP-2021-05 and CHIP-2024-07. CHIP-2021-05 adjusts virtual machine limitations, optimizing contract complexity, transaction size, and node performance.
CHIP-2024-07 removes the limit on digital length, supports high-precision arithmetic operations, simplifies decentralized finance application development, and reduces computational resource consumption.
