Bitcoin segwit program

in #bitcoin • 8 years ago (edited)

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*1st Aug Segwit/Softfork and Chain Splits/Hardfork confusions:
*After receiving many inbox What gonna Happen with Btc on 1aug and where we are let me describe you in short and simple words rather copy paste any link
*Segwit Activation:
If Bitcoin cores nodes #Bip91 (29th july deadline) #Bip141(31st july deadline), #Bip148 (August 1st) these nodes have locked in and/or activated in time(Accept majorities from miners by hash rates), then we might seen there should be no chain-split(Hard Fork).
*Hard Fork Scenario:
But If BIP141, BIP91 nor BIP148 have attracted sufficient hash power by August 1st, but BIP148 does gain some traction(minorities from minners by hash rate),then we see the chain could split on this day. If that happens, there will be two types of “Bitcoin,”

#bip91 #bip141 #bip148
8 years ago in #bitcoin by
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