Cash Improvement Proposal (CHIP)
A public technical proposal used to specify and evaluate changes or shared standards in the Bitcoin Cash ecosystem.
- Acronym
- CHIP
- Also known as
- CHIPCasH Improvement Proposal
A Cash Improvement Proposal (CHIP) documents a proposed Bitcoin Cash protocol change, application standard, or ecosystem process. A detailed CHIP normally states its motivation, specification, alternatives, implementation work, test cases, risks, and stakeholder feedback.
CHIPs support public review and coordination; they are not approvals issued by a central standards body. Publication, a repository status, or one implementation does not by itself establish ecosystem agreement or activate a consensus change.
Consensus proposals require independent review, compatible node implementations, testing, and sufficient ecosystem coordination before any scheduled activation. Application-level standards may be adopted incrementally without a network-wide upgrade.
Related terms
Explore connected entries beyond the alphabetical index.
Protocol Upgrade
→A coordinated change to the rules, messages, or policies implemented by network software.
Consensus
→The process by which blockchain participants agree on valid transactions, blocks, and ledger history.
Chipnet
→A public Bitcoin Cash test network that activates candidate upgrade rules before the corresponding mainnet date.
Bitcoin Improvement Proposal (BIP)
→A published proposal or information document for Bitcoin protocols, applications, or community processes.