Thursday, March 28, 2024

BEP-95 (Bruno Hard Fork Upgrade)

by Hideo Nakamura
BEP-95 (Bruno Hard Fork Upgrade)

# What is BEP-95 (Bruno Hard Fork Upgrade)?
BEP-95, also known as the Bruno Hard Fork Upgrade, is a proposed software upgrade to the Bitcoin Cash protocol. It was introduced by developer and lead project manager for Bitcoin ABC Amaury Séchet in August of 2020. The goal of this upgrade is to resolve several issues related to transaction malleability that were identified during the 2017 hard fork. With this upgrade, transactions will be more secure and reliable on the network.

# What Does BEP-95 Do?
The main purpose of BEP-95 is to make all transactions on the network immutable once they have been broadcasted and mined into a block. This means that any attempt at changing or manipulating data within a transaction will not be successful as it cannot be reversed without invalidating that particular block’s hash code. As such, malicious actors can no longer exploit weakness in transaction malleability rules which makes transactions more secure overall across the network. In addition, with this upgrade miners are incentivized by being able to collect fees from each valid transaction they process instead of having them spread out amongst all miners like before – leading to higher profits for those who validate blocks faster successfully first!

# How Will BEP-95 Affect Users?
The primary benefit users will see due to BEP 95 is improved security when transacting with Bitcoin Cash since its underlying protocol has been strengthened against potential attack vectors involving transaction malleability. Additionally, users may experience better performance when sending funds across long distances because their broadcasts will reach multiple nodes much faster than before thanks to increased miner incentives mentioned earlier in this article! Lastly but arguably most importantly: fee rates should remain constant even during times where demand for blockchain space increases dramatically due solely from these changes reducing overhead costs associated with processing payments & transfers on top of making sure everyone’s money stays safe from hacking attempts or other malicious activities!

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