DASH FORCE NEWS : Bitcoin Miners Begin Signalling for Segwit2x, Dash and Litecoin Spike : June 19, 2017
#Bitcoin Miners Begin Signalling for Segwit2x, #Dash and #Litecoin Spike
Bitcoin miners have begun signalling Segwit2x despite fierce opposition from segments of the community, as Litecoin and Dash grow to take its place as digital money.
About a month ago, business leaders and heads of large mining pools came together before the Consensys 2017 conference to discuss a compromise in Bitcon scaling solutions. A compromise was reached, which would include a 2mb block size increase as well as Segregated Witness, or Segwit, in an effort to appease both sides of the scaling debate. As of today, the vast majority of the mining power is signalling for the Segwit2x compromise.
Segwit2x signalling countered by continuing UASF opposition
Despite the progress made by the Segwit2x compromise proposal, the Bitcoin world remains far from united. Many SegWit supporters were not happy with the compromise, feeling that many parties, including the Bitcoin Core developers, were not included in the scaling compromise agreement. As such, support for BIP148, also known as the user-activated soft fork or UASF, remains fierce. Faced with a potential chain split if UASF gains enough traction, large mining company Bitmain has prepared a hard-fork contingency plan to protect its users in case of a chain split resulting in two Bitcoins. Community divisions remain deep, keeping alive the distinct possibility that Bitcoin could split in August.
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