Predicting the August 1 Split Flow Chart the Hard Way

[jamie.redman1]

Over the next few weeks, the Bitcoin network and its participants may see some scaling proposals implemented to the protocol and the subject can be confusing. Right now there are multiple scenarios between three possible plans that include a user-activated soft fork (UASF), Segwit2x, and a user-activated hard fork (UAHF). We’ve done a run down of each proposal, community sentiment, and possible outcomes in recent articles to give our readers some information on the topics.

We want to take it a bit further and give our readers a visual glimpse at the possible outcomes of Segwit2x, UASF, UAHF, all the Bitcoin Improvement Proposals (BIP) involved, signaling periods, and a timeline of dates and requirements. Bitcoin.com would like to also thank our friends Hampus Sjöberg, Eric Wall, and Tomislav Dugandzic for allowing us to use the initial template for this flow chart.

See the Flow Chart Here >>> https://news.bitcoin.com/predicting-the ... -hard-way/

[bitkilo]

The great news is Bitcoin will not split in August and his value can go up now but nobody knows what will happen in next period in November when space of 1 block will be increased from 1Mb to 2 Mb. So now we have some time to prepare for it.

It's starting to look like UASF was just a fad that thankfully died quite quickly it's just nobody told many of the supporters who still swear it's going to happen in just over 1 week from now.

The 2mb increase will bring with it a little breathing room but not for long, a change from 1mb to 2mb is not scaling it's an increase, we need a solid long term scaling solution if we are to see bitcoin grow to a market cap into the trillions of dollars and beyond.

[BitcoinNewsMagazine]

There is still the question of Bitcoin ABC. ViaBTC is starting to pre-sell Bitcoin Cash cloud mining on July 22. Bitmain may still go ahead with the fork for Bitcoin ABC even if BIP148 does not activate.