Friday , 19 January 2018

Tag Archives: Hard Fork

SegWit2x scheduled for December 28th

The controversial SegWit2x Bitcoin (BTC) hard fork will go ahead on Dec. 28, according to the project’s official website.It is planned at block 501451, due in around two days’ time. Originally scheduled for November, the development team cancelled the fork amidst controversy and schisms in the community. In an official statement, the team recognized that they had “not built sufficient …

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Parity calls for Ethereum hard fork

Parity Technologies has published an update on its efforts to reclaim funds lost in a high-profile coding error that occurred on ethereum last month. In a blog post about the subject, the Parity team mentioned past issues that plagued ethereum, and tries to cast their recent incident as just another example. They fail to mention that more than half a …

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Bitcoin Cash plans to increase its block size

Yesterday, by the bitcoin offshoot’s main developer team, Bitcoin ABC, was released six to 12-month roadmap of Bitcoin cash. The roadmap notably includes two hard forks – an upgrading method that requires everyone running the software to upgrade – scheduled for May and November of 2018. Also the developers have made “tentative” plans to increase the cryptocurrency’s block size again …

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Bitcoin Cash is successfully navigating a hard fork

The majority of the network nodes (roughly 82 percent) have transitioned to new software (version 0.16.0 or later) that includes rules aimed at making the protocol’s reward distribution more attractive to the miners that secure its blockchain. Executed at roughly 21:00 UTC, the new version of the bitcoin cash blockchain has since amassed six blocks, while none have yet been …

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Bitcoin service providers reveal plans for Bitcoin Gold

Bitcoin enthusiasts have been discussing the bitcoin gold fork a lot this week across social media and cryptocurrency forums. Now many bitcoin-based service providers are coming out of the woodwork to explain their company’s stance towards this fork and associated token. On October 21 the cryptocurrency exchange and brokerage service Coinbase revealed its plans for bitcoin gold. Coinbase says the …

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Ethereum’s new software isn’t stable yet

Ethereum’s fork may have executed earlier this week, but that doesn’t mean developers are ready to call the software transition complete. One of the biggest-ever changes to the world’s second-largest blockchain, ethereum’s hard fork was a risky and complex process. To transition successfully, all nodes (the computers that run the software) were required to universally install upgrades – a transition …

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Bitcoin fork SegWit2x has got the collective “opposition”

With the approach of the hard fork, the discussions are heated and an increasing number of its opponents are actively expressing their position. Thus a group of Latin American Bitcoin businesses and entities has issued a joint letter expressing “deepest concerns” over SegWit2x. The letter, signed by around 50 supporters from the Brazilian and Argentinian Bitcoin space, went live on …

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Ethereum has officially updated

At 05.22 UTC, the fifth hard fork to occur on ethereum, the second largest cryptocurrency by market cap, enacted a batch of ethereum improvement protocols (EIPs) designed to improve the platform. The Byzantium upgrade is part of the much larger Metropolis protocol designed to make the blockchain lighter and more efficient. It was first introduced in the ethereum roadmap in …

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Bitcoin.org aims to publicly denounce SegWit2x-supporters

On October 6, the two anonymous owners of the website Bitcoin.org, ‘Theymos’ and ‘Cobra Bitcoin,’ stated they would soon be posting a warning on every page about the risks of Segwit2x and every company involved with the fork will also be mentioned. The website, which was originally founded by Satoshi Nakamoto, serves as an open-source repository for bitcoin resources and …

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Bitfinex is launching ‘Chain Split Token’

Cryptocurrency exchange Bitfinex has released two futures trading pairs in response to the upcoming SegWit2x Bitcoin hard fork. The Hong Kong-based exchange, Bitfinex, has released information regarding the Segwit2x hard fork taking place in just over a month. According to Bitfinex, its new terms and conditions apply to all exchange users and will “govern” the use of a customer’s split …

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