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Somerco Blockathon  •  
February 23-24, 2019

# scaling bitcoin News

August 9, 2017 by at Bitcoin, Blockchain, News
On August 9, the highly-anticipated Segregated Witness (SegWit) protocol upgrade to the Bitcoin blockchain was officially locked in on block 479,707. While there is still a two-week waiting period before SegWit will be fully activated, the lock-in means that all bitcoin mining operations have to implement this update now or...
July 7, 2017 by at Bitcoin, Commentary, News
At the Future of Bitcoin, the alleged Satoshi Craig Wright held a furious talk, which was interrupted by emergent eruptions of applause. What a show in Arnhem! In the conference room in Arnhem’s WTC few people really believe that Craig Wright is Satoshi. However, the man is an enigma. There...
June 26, 2017 by at Bitcoin, Blockchain, News
With SegWit2x we’ll soon experience the activation of SegWit. Block size will be replaced by block weight, transactions capacity will be increased, and fees will fall. But how exactly and to what scope is not an easy question. In recent weeks the public argument shifted from the question, if SegWit...
June 21, 2017 by at Bitcoin, Blockchain, News, Tech
On June 16, Jeff Garzik announced the Alpha release of SegWit2x. After all, miners who have signed the agreement started to signal for its activation, SegWit2x is nearly instantly backed by more than 75 percent of the hash rate. The activation of SegWit, it seems, is safe - while the...
June 19, 2017 by at News, News Digest
The price of bitcoin took a dive during the week beginning June 12 from its all-time high at $2,997 to its June low at $2,212 after Chinese mining hardware producer Bitmain announced its “contingency plan” against the proposed BIP148 UASF (User-Activated Soft Fork) on August 1, which contains a new...
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