It's official: Bitcoin has locked in SegWit. The long-awaited first protocol upgrade to address transaction capacity will now become functional in two weeks. Also read: BTC Price Breaks More Records, as Bitcoin Cash Rises Again For Bitcoin trivia buffs, block #479707 on 8th August 2017 marked the exact point at which miner support reached the required level, within the … [Read more...] about Bitcoin Gets SegWit. Is the Great Scaling Debate Now Over?
Block Size Debate
The bitcoin price has stormed back into the $3,000 USD zone, jumping over 13 percent in the past 24 hours. The surge hints at a new confidence in the digital currency, following a troubled month filled with fears of a destabilizing network split. Also read: James Woods Trolls Bitcoiners on Twitter, But Does He Have a Point? 18% Price Gain in 24 Hours At press time, 1 BTC … [Read more...] about Bitcoin Price Back Over $3000 as Fork Anxiety Fades
First of August, 2017 -- the day of the fork is finally upon us. "Where were you when Bitcoin split?" your grandchildren may ask. Or more likely, they won't. The BTC price currently stands around $2,870 USD, indicating the market at least doesn't fear a disaster. Also read: Trader Sues Exchange for 3,084 BTC Over Reversed Trades Let's be clear: on 2nd August, Bitcoin (the … [Read more...] about SegWit? Check. UASF? Check. Hard Fork? Wait and See…
A feud between two of Bitcoin's most famous names spilled into the public arena today. Roger Ver and Charlie Shrem sparred on social media over an issue that appeared both personal and political. Also read: BitGo Is Preparing Itself and Customers for a User Activated Fork Ver and Shrem Promoted Bitcoin at Personal Cost Both men are long-time Bitcoin investors and … [Read more...] about Ver, Shrem Spat Reflects Wider Bitcoin Community Division
Plans for a large-block Bitcoin hard fork in August are beyond our control, Bitmain has stated. But although the mining giant formally supports SegWit2x as defined by the "New York Agreement", it does not rule out support for "Bitcoin Cash" at a later date. Also read: Bitcoin Price Takes a Tumble After Renewed Fears Over a Bitcoin Cash Fork As the world's largest … [Read more...] about Big Block, Bitcoin Cash Hard Fork Beyond Our Control: Bitmain