BTCash

With all the excitement of the Smart Valley roadshow, we should not miss major news from the crypto world! Bitcoin Cash price has reached its 6-month high, but why has it happened? Most experts agree that the culprit is the hard fork coming on May 15, which will increase block size from 8 mb to 32 mb, presumably to raise transaction processing speed.

Smart Valley founder Alexey Voronin is of a different opinion, though. He says that the system does not actually need larger blocks – there will be no opportunity to use them, just like it happened with DASH, which touts its high capacity but simply doesn’t have enough transactions to benefit from it.

The block size is not the only change, though. The network will now have new opcodes, allowing to create simplified smart contracts. Alexey Voronin believes that this new feature is just as dubious: there are already tons of coins that help create full-scale smart contracts, not simplified ones. And yet, the market seems to welcome this rush of activity, however pointless it may be.

If you have questions for Alexey Voronin, ask them here in the comments! And remember – Smart Valley token sale event starts on May 14 – mark that day on your calendar!