To give members of the community a convenient and secure tool to maintain a 1:1 peg between BCH and SBCH, we have developed several tools based on AtomicSwap. The most important of these tools is the Market-Making Bot. The Bot compensates for the usability shortcomings of the AtomicSwap protocol, which…

In the past, when applying to become a smartBCH validator, it was possible to stake a certain amount of BCH, but the lower bound of this amount can be as low as zero. At the same time, the amount of punishment for a validator’s failure is limited to the rewards…

We have developed an emergency patch to restart smartBCH using a single-validator mode. It’s an interim solution before we finish the real patch which raises the validators’ requirement by adding staking and slashing amounts. A low requirement for validators is good for smartBCH to have more validators. SmartBCH has 28…

It is always easy to be a smartBCH validator. We kept the requirements low to invite more people to run smartBCH validators. For PoW votes, you only need to mine one BCH block during an epoch of 2016 blocks. …

In order to provide community members with a convenient and secure tool for swapping between BCH and SBCH, several tools based on AtomicSwap have been developed and will soon be launched. AtomicSwap is an effective tool to address the liquidity issue between the main chain and the sidechain of BCH…

Dear SmartBCH users, As of today, SmartBCH Alliance Limited (the “SPV”) has received the following distributions from Coinflex: 4,281,291.42 rvUSD, received by 0x0C7a57e8dfDb8e810DeD7A03B27EfBa46b9cAD7f 651,928.02 USDC, received by 0x0C7a57e8dfDb8e810DeD7A03B27EfBa46b9cAD7f 6,834.015 BCH, received by pp9xzxg4re07pdtkm5v2zdwjx2c6z6qnj5jnu6f6d9 Out of the 651,928.02 USDC received, 521,542.4 USDC(80%) has been swapped into 3,924.84 BCH and then transferred…

In cross-chain and mulit-chain applications, a fundamental component is an oracle that endorses the events that happened on a remote chain. Traditionally, oracles use quorum-based schemes to ensure trustworthy outputs. Quorum is a group with a limited number of elected or appointed members. …

Recently, a whitehat hacker pwningpwnwpnw reported a vulnerability in smartbchd. The vulnerability is located in MoeingEVM’s `host_bridge`. It is a bug in the C++ implementation of SEP206. The overflow condition of `amount+margin` was not checked. This is a severe vulnerability which allows an attacker to mint infinite BCH on the…

The CoinFLEX’s restructuring proposal will be voted on very soon. After reviewing the documents provided by CoinFLEX and consulting with our lawyers, SmartBCH Alliance decides to support this scheme of the arrangement upon certain conditions which have been verbally agreed by CoinFLEX. …