Bitcoin user activated hard fork

Bitcoin Cash: A fork is coming after all Bitcoin Forum. and bitcoin users will upgrade the Bitcoin protocol as specified by the User Activated Hard Fork (UAHF).Under Bitcoin Improvement Proposal (BIP) 148, Bitcoin will be undergoing a user activated soft fork on August 1, 2017.

The real reason for this is the upcoming Bitcoin Cash hard fork that is set to be launched tomorrow, Aug. 1, 2017. This new branch of Bitcoin will credit all users with BHSC balances.This is a supplement to our UASF announcement made on July 15th, and concerns the Bitcoin User Activated Hard Fork proposal (UAHF).Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.

Notice Regarding The Bitcoin Fork on August 1st 2017

So what else can the users expect but a long and growing queue.

Why Bitcoin's value could get even more volatile

This also harms the network effect, which means the sum of the two parts is now worth less than the original.They could demand that miners only mine blocks that adhere to these standards.New Bitcoin Improvement Protocol Will Be Implemented on August 1 Followed by a 2MB Hard-Fork. The yet unnumbered BIP proposes a user-activated soft fork.The current User Activated Hard Fork (UAHF), including BitcoinABC,.Commitment must be absolute and unwilling to change, no matter what the majority does.The Bitcoin scaling debate has taken yet another interesting turn.

GitHub - Bitcoin-ABC/bitcoin-abc

The UASF is intended to address scaling issues faced by the Bitcoin...In the Bitcoin case, some users may wish to have all addresses logged in a government registry to ease KYC compliance.

Coinbase and GDAX will not support Bitcoin hard fork

Some supporters of user-activated soft forks (UASFs) have stated that they intend to enforce the UASF unless it is not widely supported or followed, and then would back off.

Bitcoin Cash: A fork is coming after all -

Plans for a large-block Bitcoin hard fork in August are beyond our control, Bitmain has stated. In April, Bitmain first proposed a user-activated hard fork.

Hard Fork Gives Rise To Bitcoin Cash | Bitcoins & Altcoins

In cases where the majority is ambivalent and the cost for producers is low to adhere to the stricter standards, then the result is producers keep everyone happy by following those stricter standards.There are quite a few different opinions on how Bitcoin needs to be scaled moving forward.

Bitcoin Faces Hard Fork As New Token Comes Into Play

It has been an uncertain few weeks for Bitcoin, with threats of hard forks and soft.

UAHF: User Activated Hard Fork. The original Bitcoin NG is a hard fork proposal, but we can soft fork it into the protocol with the extension block framework.If this issue continues, it is not surprising if Bitcoin will lose a lot of users.

BitcoinCash (BCC) Hardfork: What it Means and How to

Where are you holding your Bitcoin during this fork?

It would have been acceptable for many if the transaction were delayed for an hour or two.Mexican Bitcoin Exchange Bitso Aids Red Cross Earthquake Relief Efforts.The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1.Since the announcement of Bitcoin Cash user-activated hard fork (UAHF), a lot of Bitcoin users have decided to move their funds off Coinbase, causing 12-hour delay.