Why Bitcoin May Split In Two

in #bitcoin7 years ago

UASF will force activation of SegWit in the bitcoin blockchain, that will increase the block size and fix more issues which will make transactions faster in simple words. Without majority hash rate it will cause a serious chain split
That's how there's a possibility of 2 versions

About USAF :

https://www.reddit.com/r/Bitcoin/comments/64jky9/what_is_uasf/

This has happened in the past with Ethereum in a different situation.
This is not impossible. However, it is highly unlikely.

More info

http://www.forbes.com/sites/laurashin/2017/04/04/why-bitcoin-may-split-in-two-and-how-to-prevent-it/

http://www.slate.com/articles/technology/future_tense/2017/06/internal_conflict_could_split_bitcoin_in_half.html

https://www.reddit.com/r/Bitcoin/comments/64jky9/what_is_uasf/

https://cointelegraph.com/explained/segwit-explained

Sort:  

Congratulations @sandeepsudhagani! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 57941.45
ETH 2579.63
USDT 1.00
SBD 2.39