The bitcoin protocol could see its first major fork on August 1.
That's when, if miners stand by their word, the network will see the creation of Bitcoin Cash – a new cryptocurrency backed by a version of the blockchain that boasts a unique technical roadmap.
Not only will Bitcoin Cash tweak the protocol to increase the block size, but it will reject code proposed by bitcoin's developers that would seek to improve scalability and reduce the necessity of this metric in achieving capacity in the future.
But while at odds with the businesses and developers that have largely embraced the Segwit2x proposal (or SegWit itself), supporters have high expectations for the project, which they've largely cloaked in terminology that suggests it will mark a return to the project's roots.
"Ninety years ago, the same day, there was a revolution in China. Now today we have another revolution," said one excited supporter in a project WeChat group.
Congratulations @lightonm! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP