lead to a third type of "Bitcoin." How likely this is to actually happen remains. If you bought or earned 148BTC between August 1st and August 15th, you should now (also) own NewPowbtc. (Theoretically, this could lead to the fifth Bitcoin, though it when bitcoin started seems very unlikely there would still be four "Bitcoins" by then in the first place.) How to deal with this situation as a regular users will be announced on Bitcoin Magazine closer to the actual. For more information, see this article. While the project is off to a slow start when it comes to hash power and blocks, trading has opened, and it seems as if the coin could make. August 2nd update: Segregated Witness activation is currently scheduled for around August 23th. If you dont, you risk mining invalid blocks. August 8th update: Segregated Witness (BIP141) is now past the point of return. Other denominations are used: "reward drop "reward halving or simply "the halving" or "the Halvening" which is a popular meme among bitcoiners. The first and original option was proposed by the Bitcoin Core development team.
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If BIP91 has not activated by this deadline, Bitcoin may well be heading for a chain-split. Assuming that the miners who signal readiness are actually ready to support the upgrade, risks of a split in Bitcoins blockchain and currency are minimal. Major Bitcoin mining hardware producer Bitmain recently announced that if BIP91 does not activate before August 1st and BIP148 is showing signs of life after August 1st, it will launch a contingency plan. On that day the price went.7, a negligible move. Mid- to late- August: SegWit Lock In If miners avoided a chain-split through BIP141, BIP91 or BIP148, Segregated Witness should at the latest lock in between mid-August or late August. But according to the SegWit2x roadmap, July 14th is the day that signatories to the New York Agreement should actually install the BTC1 beta software and test it for themselves. That said, if you are a regular user, it is probably best to initially halt any and all transactions, at least until the situation is more clear.