Embrace the Coming Bitcoin Fork (5 of 5)

This Is A Good Thing, Everyone Should Welcome It

As of August 1st 2017, at 12:20 p.m. UTC, the Bitcoin network will hard fork and after that point there will be two bitcoin tokens going forward.

Its About Time, SegWit Was The Trigger

When I published my first article on this topic it was October 11th 2016 and in the almost 10 months since then, the debate has continued to rage ever more intensely about how best to scale the Bitcoin network.

Next Major Tigger Event May Come In November

The next trigger that will determine how much of the Bitcoin hashpower and economic majority will stay with the legacy version of Bitcoin or move to Bitcoin Cash will likely come in November as that is when SegWit2X is scheduled to kick off a hard fork upgrade from 1MB block size limits to 2MB blocksize limits in Bitcoin.

Screen shot from Coin.Dance of greater than 98% signaling for SegWit2x

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David A. Johnston

David A. Johnston

1.8K Followers

Entrepreneur, Investor, Technologist, Voluntarist, Future Martian Settler, & Evangelist for Decentralization.