Bitcoin SegWit2x scheduled to lock in within 2 days avoiding chain split
BIP91 has gained it’s necessary 80% hash rate support and we are (currently) about 286 blocks away from it’s lock in! (UPDATE: we seem to be fluctuating between 79.8% — 80.5%).
Calculating this in hours is as simple as 286 (blocks)* 10 (avg min per block) / 60 (min)= 47.6h. Which means that we are roughly 2 days away from BIP91 locking in (given it’s support stays above 80%) and successful implementation of SegWit for Bitcoin without risk of chain split (until more details are known on segwit2x hard fork).
This news has reflected on the market with bitcoin rising to $2400+ and overall crypto market on the rise as well.
Even if it takes longer than 2 days to lock in we still have some time reserved before August 1st (BIP148 UASF). You can see expanded timeline for Bitcoin’s scaling events here.
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Sameer
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