Bitcoin soars as miners finally move to solve the digital currency's scaling problem
From CNBC
Bitcoin soars as miners finally move to solve the digital currency's scaling problem Bitcoin soars as miners finally move to solve the digital currency's scaling problem 9 Hours Ago | 00:45 Bitcoin miners are signalling their intent to support a new upgrade for the bitcoin blockchain that may solve the digital currency's long-running scaling issue.Read more here: http://www.cnbc.com/2017/07/18/bitcoin-soars-as-miners-move-to-solve-the-digital-currency-scaling-problem.htmlSeveral of the largest bitcoin miners (who create new bitcoins and support the blockchain), including AntPool, BitClub, Bixin, BTC.com and BitFury, have started showing their support for bitcoin improvement proposal (BIP) 91, by adding a piece of code to each new block of bitcoins they generate.
The miners were not expected to start coding their support for BIP 91 until July 21. Already, 66 percent of the last 144 blocks created signal support for it. The proposal needs 80 percent support to be "locked in" to the blockchain permanently. This will bring relief as it prevents the blockchain splitting into two separate chains, which would effectively create two different coins.
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Nice, so there is no longer a chance of having 2 coins?
no chance!
They already have 80% now.. as of this afternoon.
If this goes through smoothly isn't November another date that could have potential issues ?
Thats great, so BTC price should no longer go down either right?, i am trying to understand all this :D
Its nice to see the value of our posts rising instead of falling! :) I hope it keeps going
Great news 🤗
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