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Bitcoin Scaling And How to Avoid Split?

BY: @nov3a4 | CREATED: July 14, 2017, 12:34 p.m. | VOTES: 2 | PAYOUT: $0.00 | [ VOTE ]

SegWit2x is being deployed in its testnet to all working group members on July 14, and the period for live adoption starts on July 21, with an August 1 deadline for necessary support to avoid issues.

SegWit2x is competing with another proposal: BIP 148.

Developers have worked to make these two compatible, so, if enough mining pools support SegWit2x before August 1, bitcoin should avoid a split.

More details here:
http://www.coindesk.com/explainer-what-is-segwit2x-and-what-does-it-mean-for-bitcoin/

TAGS: [ #bitcoin ] [ #money ] [ #segwit2x ] [ #bip148 ] [ #scaling ]

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