Why the Chain Split Might No Longer Happen On August 1st

bitcoin segwit

I believe you must have heard about the Bitcoin split that might occur on August 1st, 2017,
if you haven’t, please click here,┬áto read the full article,

The code was released on July 17 and miners have started running the new btc1 software.

It is said that the miners who supported the New York agreement are the ones currently running the codes.

The bip91 version is a combination of UASF & BIP148.

Mining pools signaling and mining BIP91 blocks include Bixin, BTC.com, ANTPOOL, Bitfury, and Bitclub so far.


Now spectators are waiting for other pools like BTCC, F2pool, Slush, and a few others to join As heard that Most pools are now signaling for BIP91 which is safer than UASF & SEGWIT2X.

IF AT least 80% of miners should agree to implement it, then there will be a 10% chance for the chain split to occur.

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The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.