Post
Topic
Board Bitcoin Discussion
Re: Afraid of August One?
by
South Park
on 07/07/2017, 20:11:01 UTC
We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.
Maybe August 1st will be the biggest development of bitcoin, bitcoin will be recognized and developed in the world and grown up we should be happy about that. What people always expect it to come, because it will bring us great advantages
Activating segwit is going to be one of the biggest developments when it comes to bitcoin, it will help the network immensely by increasing the speed and reducing the costs of getting our transactions to be confirmed, this is key if bitcoin is to become a payment system used by hundreds of millions or even billions of people, it is the first step but it is a step on the right direction.