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Bitcoin uasf meaning

bitcoin uasf meaning

SegWit through BIP148, Bitcoins blockchain and currency could split in two: a coin-split. Press question mark to learn the rest of the keyboard shortcuts. All existing full Bitcoin nodes would reject this block and ignore this chain, and would continue to follow the chain adhering to Bitcoins current consensus rules. The hardware manufacturer does add that miners should impose a soft limit of less than 2 megabytes, which is really more like a recommendation. 10.1k, online, a community dedicated to Bitcoin, the currency of the Internet. Heres what their latest proposal looks like. The statement mentions an initial limit of up to 8 megabytes, though this is slightly ambiguous as the same blog post mentions there will be no hard-coded consensus rule at all. And of course, in the end, it's possible that neither BIP148, nor SegWit2x, nor Bitmain's Bitcoin will gain much traction. This thread is archived, new comments cannot be posted and votes cannot be cast. Specifically, will Bitmains Bitcoin look like? Bitcoin is a distributed, worldwide, decentralized digital money.

From a broader Bitcoin and scaling perspective, the chances of BIP148s success may have actually increased, due to this announcement. As a result, there is a greater chance that BIP148 miners will claim the longest chain versus non-BIP148 miners, avoiding a coin-split on the original blockchain. Hard Forks, Coin-Splits and Altcoins, on August 1st, a segment of the Bitcoin community will activate the BIP148 uasf. Technically, at least, Bitmains hard fork would be better described as the creation of an entirely new coin that shares a common history with Bitcoin. Submissions that are mostly about some other cryptocurrency belong elsewhere.

Uasf explained r/Bitcoin - reddit
Bitcoin - reddit
The, latest Twist to the Block Size Debate Is Called a, uASF
Bitmain Responds to uasf With Another

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