Comment
Author: Admin | 2025-04-28
Of the mining community agreed to SegWit2x and to activate SegWit and to increase the Bitcoin block size to 2 MB thereafter. However, despite agreeing to activate SegWit2x and SegWit with the industry and mining community, it pursued the execution of a hard fork in Bitcoin Cash, which the Bitcoin industry and some miners have already rejected.Alternative, not BitcoinCointelegraph further emphasized in its latest report that the Aug. 1 hard fork will have a minimal impact on the Bitcoin network, primarily because the vast majority of the industry perceives Bitcoin Cash as an alternative cryptocurrency and not as Bitcoin.In fact, on July 28, Coinbase, the largest wallet operator and a major Bitcoin exchange operator, announced that it does not intend to interact with the Bitcoin Cash Blockchain.In addition, Slush Pool announced:“We want to let you know, that we currently have no plans to support the emerging Bitcoin hard fork called Bitcoin Cash (BCC) scheduled for the Aug. 1st, 12:20 UTC. As for now, we do not see a real demand from miners and the costs of creating and maintaining separate Bitcoin Cash infrastructure would be too high.”
Add Comment