BitCoin Cash 🤔

in #bitcoin7 years ago

The decrease in the hashteath of the bitcoin network in connection with the observed transition of a number of miners to the Bitcoin Cash production resulted in the postponement of the Segregated Witness protocol for a somewhat later period.

As the xbt.eu data show, SegWit activation should occur on August 23 at about 18:30 GMT, although it was previously assumed that it would be held the same day seven hours earlier.

At the same time, the representative of Trezor Martin Sip wrote that according to his calculations, the activation of SegWit should take place on August 24 at about 12:00.

Recall, fixing SegWit - a solution for scaling, the implementation of which will lay the foundation for a number of important improvements and accelerate the implementation of innovative solutions in the network of bitcoins - was held on August 8.

In recent days, however, more and more miners are joining the Bitcoin Cash network, the extraction of which at this stage proved to be more profitable than the extraction of the original bitcoin.Accordingly, the bitcoine hash has gone down, triggering and moving the SegWit activation to a later date.Also, in the Bitcoin Cash network, about 45 blocks per hour are produced, while in bitcoin this figure is about 5.DH0SB8yWsAAiSvm.jpg

Note also that the price of Bitcoin Cash having fallen the previous day to $ 570, today again goes up and is currently in the region of $ 700.

At the same time, bitcoin, having fallen last night to the lowest values ​​for the last 10 days, at the time of publication is trading around $ 3930.btc-bcc-blocks-17-08-22.jpg

Sort:  

I noticed this, 12 hours to confirm, abeit I submitted low fees,
but before it was a lot quicker :(