Just about 91% votes for activating SEGWIT-2x to resolve Bitcoins scaling issues!

in #segwit8 years ago

As most people know, its getting closer and closer to the day we find out about whats going to happen to Bitcoin to resolve the scaling issues that Bitcoin has become to have! The transactions are slower then ever, and the fees are astronomical!! We have all heard about the 2 possibilities of the Hard Fork or the Soft Fork to resolve those issues. The Soft Fork would be to activate the SEGWIT(Segregated Witness) and the Hard Fork would be to increase the block size. Not too long ago a guy names Barry Silbert who is the Founder & CEO of Digital Currency Group(DCG) and who was one of the first and most active investors in the Bitcoin space, providing seed funding for Coinbase, Ripple, Bitpay and a number of other companies who have gone on to define the industry, he coordinated a solution to Bitcoins scaling issues called SEGWIT-2x. This solution would satisfy both mining parties by activating the SEGWIT and increasing the block size from the now 1mb to 2mb blocks. As of earlier today 90.3% of blocks mined supported the SEGWIT-2x, in which they need just 95% total for it to be chosen as the new solution for Bitcoins scaling issues! This would be by far the best choice, as it would keep Bitcoin from forking and having another Bitcoin. It would make the transactions much faster and the fees will be lowered. I think if this does happen, which its looking like it will, I think Bitcoins price will take off to the moon!! I know im very excited to see whats going to happen, so comment below and let me know how you guys are feeling about it, or if you have any other information to share related to this topic!! Below is a couple pictures from CoinDance where you can see the stats, and see Bitcoins Block stats. Thank you so much for reading this story, I hope you liked it and found it interesting, if you did or didn't, please comment your thoughts below. Please don't forget to UPVOTE and FOLLOW me, it will be greatly appreciated and I will do the same for you! Take Care and have a great day! -JOSH D-

Coin Marketplace

STEEM 0.12
TRX 0.34
JST 0.032
BTC 112163.61
ETH 4141.98
USDT 1.00
SBD 0.88