The Bitcoin block size debate finally seems to be ending, with a near unanimous support for SegWit2x emerging from bitcoin miners overnight. Also read: Ethereum's Ecosystem Creaks As ICO Gold Fever Increases Miner Support for SegWit2x Jumps to 90% Overnight Social media exploded with excitement over this development Thursday morning, with influencers and commentators … [Read more...] about Bitcoin Miner Support for SegWit2x Hits 90% — Scaling Resolution At Last?
With around 70 percent of the Bitcoin hashing power signaling support, SegWit2x activation now looks increasingly likely. Opinions will matter less as stakeholders begin to ask practical questions about the software and how it works. Also read: AIG: Private Blockchains Will Take Over the World, Bitcoin Not Needed Of the major players, only BTCC and 1Hash have not yet … [Read more...] about As SegWit2x Looks More Likely, Bitcoin Asks What Happens Next
Long-time bridesmaid cryptocurrency Litecoin today notched another milestone, its market cap topping $2 billion USD for the first time. Also read: OTC Volumes Dip as Chinese Exchanges Start Withdrawals, but Market Is Changing At press time, its unit price is $47.60 and overall market cap $2.456 billion. That's the highest LTC price in over three years. Is is bound to … [Read more...] about Litecoin Booms as Market Cap Tops $2 Billion for First Time
A meeting of the Chinese Bitcoin industry's most influential participants has confirmed support for "SegWit2x", a.k.a: the New York Agreement. They will begin voting for the proposal starting 19th June. Also read: OTC Volumes Dip as Chinese Exchanges Start Withdrawals, but Market Is Changing Their support makes SegWit2x highly likely. While there's a supposedly grassroots … [Read more...] about China Bitcoin Roundtable Votes for SegWit2x and New York Agreement
Bitmain, the mining giant headed by Jihan Wu, has released a blog post detailing its contingency plans to activate a privately mined user-activated hard fork (UAHF) in the event the "SegWit2x" compromise is not activated by August 1. Also read: Chamber of Digital Commerce Takes BNP Paribas, BNY Mellon on Board Hard Fork to Take On UASF Campaign The hard fork plan is in … [Read more...] about Bitmain Announces Hard Fork Plan to Stop UASF