Bitcoin Ahead Of SegWit Activation

in #bitcoin7 years ago

 

Bitcoin Ahead Of SegWit Activation

There is an air of uncertainty among Bitcoiners of what would become of their fate in the near future. With the community approaching a significant decision date  on the issue of scaling, the outcome of the consensus is looking more  like an open secret as SegWit2x and SegWit Support has officially surpassed Emergent Consensus.  

 For those who doesn't know what SegWit2x and SegWit means well it another name for  Bitcoin Core, While is another word used for Bitcoin Unlimited.

Bitcoin might split

Remember the bitcoin fork that happened late last year that nearly leads to the value lost of bitcoin for up to 3weeks, that might happen again in August if the new ideas behind creating SegWit and SegWit2x which is set to be lunched 1st of August, doesn't reach expectations by miners in the coming days or weeks after launching. However, the impact of the anticipated events of August 1,  2017, extends beyond just the expected improved efficiency of  transactions within the Bitcoin network. With significant opposition still in existence, a possible  breakup is expected. This leaves room for a lot of uncertainty, leading  to widespread speculation and predictions on what will become of Bitcoin  and the crypto ecosystem in general. 


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