Bitcoin Cash price was quoted at USD 215.02 at 09:27 Berlin time on November 15, according to Investing.com. The market update comes as Bitcoin Cash development reaches a testing milestone for a proposed change to the network's block interval.
One-minute blocks move to testing
Bitcoin Cash Node maintainers accepted the Faster Blocks specification in a November 14 revision, according to Daily Crypto Briefs. The proposal would reduce the target interval from 10 minutes to one minute. Its planned mainnet activation date is May 15, 2027, while the first scheduled activation is on Chipnet, a test network used to rehearse Bitcoin Cash upgrades.
The Chipnet activation is set for November 15 at 12:00 UTC, using the median timestamp of recent blocks. The specification says that the mainnet date will use the same timing method, so the network would reach the change according to block timestamps rather than a simple calendar switch.
What the change means for users
More frequent blocks could shorten the wait for a first on-chain confirmation, although actual block times vary and service providers decide how many confirmations they require before crediting a deposit. The maintainers have also highlighted work for exchanges, wallets and block explorers that currently assume a 10-minute block interval.
The design is intended to keep Bitcoin Cash's issuance schedule broadly unchanged. The specification reduces the subsidy, mining difficulty and block size limit per block to about one tenth while targeting roughly ten times as many blocks. It therefore aims to preserve the 21 million BCH supply cap and the existing halving schedule.
Implementation remains an investor consideration
The technical change is not yet active on Bitcoin Cash mainnet. Daily Crypto Briefs reported that the Bitcoin Cash Node implementation was still marked as a draft, while testing had been conducted on a temporary network. The report also noted that General Protocols approved the proposal on November 4 after additional review, implementations and testnet work.
For market participants, the near-term significance is the progress of a protocol change rather than a confirmed alteration to transaction processing on the main network. Bitcoin Cash price data should therefore be considered separately from the upgrade timetable. At the quoted level, Investing.com listed a daily range of USD 213.02 to USD 222.34 and a 52-week range of USD 181.10 to USD 668.87.
Further Bitcoin Cash coverage is available on the Bitcoin Cash topic page.
