Published On: Tue, May 30th, 2017

UASF Continues to Gain Support as ‘Secret’ SegWit2x Roadmap Revealed

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Though a Bitcoin scaling agreement was reached at the recent Consensus conference in New York, many companies are increasingly supporting a User-Activated Soft Fork (UASF)  as a means to activate SegWit.
UASF Still on the Table
Although reports have stated that the Bitcoin scaling debate may be coming to an end due to what has been known as the ‘Barry Silbert Agreement,’ recent developments indicate that it may still be far from over, leaving other options like the User Activated Soft Fork (UASF), a proposal that has been slowly gaining traction among Bitcoin businesses.
The given agreement dubbed “SegWit2x” is a compromise by several companies in the blockchain space that represent roughly 83% of the global hash rate to activate the SegWit proposal at an 80% threshold and to activate a 2MB hard fork within six months.
Meanwhile, prominent Bitcoin community member “WhalePanda”  tweeted out the details of the SegWit2x proposal today. The roadmap sets only a month for testing. Furthermore, it proposes to get the nodes up and running as well as signaling by July 21st, 2017.
Interestingly, this falls before the …

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