Closing the Curtains On Segwit2x and the Following Aftermath
In less than eight days Bitcoin network market participants were ready for the planned Segwit2x fork, canceled yesterday. Now cryptocurrency proponents everywhere are expressing opinions about the Segwit2x plan in general, and the working group’s decision to give up on forking the protocol. Also Read: Openbazaar Sees a Variety of New Vendors After Privacy Enhancements Segwit2x: […]
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Right now people keep hearing about the pending fork scheduled for on or around November 16. Because software forks and blockchain splits can be a confusing subject, we want to explain just what a fork is and what it means for all the network participants involved. Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step […]
The month of September is wrapping up, and the planned November Segwit2x (BTC1) hard fork is steadily approaching. According to the BTC1 roadmap, a block between 1MB and 2MB in size will be generated by miners raising the block size limit at block height 494,784. Over the past few months, Core developers and supporters have […]
On August 23 at approximately 10:00 pm EDT on block 481822 Segregated Witness finally activated and is now live on the Bitcoin network. Also read: A Look at Two Alternative Bitcoin Hardware Wallets on the Market Segwit Is Now Live on the Bitcoin Network Segregated Witness (Segwit) was an idea that was introduced by the software […]
While many bitcoiners have been focused on the competition between Bitcoin (BTC) and Bitcoin Cash (BCH), another significant battle is taking place. Many grueling arguments between bitcoin Core developers and their supporters, Segwit2x (Btc1) developers and proponents of the New York Agreement continue to fuel tension throughout the entire cryptocurrency community. Also read: Gibraltar Gets First […]
Segregated Witness has locked-in and the Segwit2x working group has announced its roadmap for the next three months. The team of developers have detailed they are going forward with the 2MB block size increase that miners and businesses agreed upon at the New York Agreement. Also read: Gold Bug Peter Schiff Says ‘Cryptocurrency Market Signals […]