What Is #BIP148, #UASF And Why It Is Important For The #Bitcoin Network

UASF stands for User Activated Soft Fork. It’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. A UASF requires a lot of industry support and coordination, which is good practice for eventual hard forks which requires even more industry coordination.
What Is #BIP148, #UASF And Why It Is Important For The #Bitcoin Network
Share on facebook
Share on whatsapp
Share on twitter
Share on pinterest
Share on skype

Learn How To Earn Bitcoin

In a few months, beginning 1 August 2017, there may be some turbulence ahead for the Bitcoin network.

Bitcoin Improvement Proposal (BIP) 148 is a User Activated Soft Fork (UASF) that requires that miners signal for Segregated Witness (SegWit). SegWit readiness is signalled by miners by setting the version number of blocks mined.

http://www.uasf.co/

https://www.weusecoins.com/uasf-guide/

 

https://www.youtube.com/watch?v=57UZbE_4WJI

Share on whatsapp
Share on twitter
Share on telegram
Share on linkedin
Share on facebook

Subscribe to our Newsletter

Find out how to buy, mine and earn Bitcoin

Bitcoin Price
Haroun Kola

The Nature Of Price Declines In Bitcoin. How To Spot The End Of The Parabolic Bull Market

In this video Parabolic Trav describes what to look out for to spot when the parabolic growth in the price of bitcoin could end. Watch this presentation to find out what has happened to the price previously during the epic 2017 bull run as price dipped by 20-40% or crashed to atleast 50%. Learn what to look out for that tells us that this parabolic trend is finally at its end and we should expect a long term consolidation or price to fall back down to earth’s atmosphere from its way to the moon.

Bitcoin
Haroun Kola

MMM Global Collapses

Sergey Mavrodi has apparently fled with millions of people’s money claiming his experiment of 100% return was unsustainable. Here in South Africa it seems to

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. By continuing to use the site either by scrolling or navigating to another page, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings, by scrolling or navigating to another page, or you click "Accept" below then you are consenting to using cookies on this site.

Close