It’s official: SegWit has locked-in on bitcoin.
SegWit is on par to lock-in today. Miners are embracing the scaling upgrade, but there’s still time before users are able to take advantage.
After a few difficulty adjustments, blocks on the bitcoin cash blockchain are now being mined more steadily.
Industry startups face tricky decisions as a new cryptocurrency, Bitcoin Cash, moves to split off from the main bitcoin network next week. Source
A controversial mining pool arguably at the center of bitcoin’s upcoming Bitcoin Cash fork is opening up about its position and global perception. Source
How can miners block bitcoin changes? CoinDesk takes a look at how the network upgrades and the role these parties play. Source
At approximately 00:06:48 UTC today, July 20, at block height #476768 the bitcoin network finished the BIP91 lock in period and entered a new phase in order to activate the protocol Segregated Witness (Segwit). Now during the lock-in period, there will be another 336 blocks, until Segwit will be activated on Bitcoin’s main network. Also read: Predicting the […]
Bitcoin users are keeping a close eye on the BIP91 proposal right now. In fact, it is the only proposal actively preventing a Bitcoin chain split right now. This particular solution makes SegWit2x and BIP148 compatible with one another. That is quite significant, as they will activate within 24 hours of one another. The bigger […]
In a surprise move, bitcoin’s mining community has begun to signal for a controversial code upgrade called Segwit2x by way of a proposal called BIP91. Source
Support for a so-called UASF continues, adding complications to bitcoin’s upcoming scaling drama. Source
On July 7th the mining pool BTC.com mined a block that contained a transaction with an 80 BTC fee attached. BTC.com believes the fee was an accident as the transaction fee should have been around 2 BTC and the pool is looking to give the sender a refund. Also Read: How Much Does it Cost to […]
Last May Bitcoin.com reported on how the Bitcoin network’s hashrate surpassed four exahash per second. Just two months later on July 1st, the hashrate has increased another two exahash which transcended to a high of 6,622,799,000 GH/s according to Blockchain.info and Bitcoin Wisdom statistics. Also Read: Investment Funds That Offer Cryptocurrency Exposure See Big Gains The […]
Over the past six months, the bitcoin scaling debate has been going on relentlessly as many cryptocurrency proponents are trying to figure the best solution to improve the network’s fees and transaction throughput. There have been many ideas brought to the table, but this summer there are some specific plans that all bitcoin holders should […]
Bitcoin miners are now actively showing their support for a network scaling proposal by flagging signaling directly on the blockchain. Source
On June 16 the alpha code for the scaling solution Segwit2x was released to the public following a large number of mining pools having vocally supported the plan. Since then a large majority of miners who back the Segwit2x roadmap have started signaling with their hashrate. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling […]