Bitcoin's 'Independence Day': Could Users Tip the Scales in the Scaling Debate?

[SpaceMonkey]

"V for Vendetta" GIFs, "Walking Dead" references, images of tornadoes – even bitcoin's infamous 'BearWhale' has returned to welcome an approaching attempt to upgrade bitcoin.

While there have been many efforts aimed at improving the digital currency's protocol in recent years, few have attracted as fervent a following as bitcoin improvement proposal (BIP) 148.

Drafted in an effort to rally the community behind a process called a user-activated soft fork (UASF), the proposal is distinguished by being less reliant on gaining support from network miners. In fact, BIP 148 is the UASF with the shortest timeline to launch – and it's activating on the 1st August.

http://www.coindesk.com/bitcoins-indepe ... ng-debate/

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