Bitcoin Split In to Two Currencies
Bitcoin a digital currency averted split into two crypto currencies on Friday. After the upgrade of system and software that will enhance the number of transactions.
Bitcoin Miners called it Bitcoin Improvement Proposal (BIP) 91, to avoid splitting Blockchain into two blockchains.The miners represent a network of computer operators who secure the blockchain or a public ledger of all bitcoin transactions. This is the first improvement that is made in Bitcoin by a software that is called SegWit2x.
It was required because Bitcoin old system was unable to support lots of transaction a the same time.Because there was a lot of complaints about the delay of transactions. This upgrade will help in making the transactions faster and more secure. Yet it is improved but it not very fast yet it will support 7 transactions per second but Visa supports 2000 transactions per second.
Scary:/
why?
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