New Initiative Advises Users To Maintain 100 Percent Control of Their Bitcoin

A new initiative designed to help Bitcoin users with the upcoming fork advises them to maintain 100 percent control of their Bitcoin, rather than keeping it in exchanges.

The reality is clear - most Bitcoin blocks hit the block size limit of 1 MB and are plagued by fees and slowdowns. The solution, though, is still up in the air as debate rages about how change should happen.

One solution, the user-activated soft fork (UASF) is scheduled to go live on August 1, while another competing group has threatened to split the chain if that occurs.

Read more here: https://cointelegraph.com/news/new-initiative-advises-users-to-maintain-100-percent-control-of-their-bitcoin