What Happens to Bitcoin After 1st August - Coin Daily

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Bitcoin Cash (BCH) is a hard fork of Bitcoin. A fork in a project occurs when developers take a copy of the source code from a software package Two proposals to solve Bitcoin’s two-year long scaling debate are gaining significant traction. One proposal that has been championed as the users choice is Bitcoin Improvement Proposal 148 (BIP148), a user activated soft fork (UASF) originally proposed by the pseudonymous developer “shaolinfry”. Then there’s SegWit2x, an agreement forged between a significant number of Bitcoin ... BIP 91: Created by BitmainWarranty engineer James Hilliard, BIP 91 looks to lock-in SegWit2x’s SegWit update before August 1, making the proposal compatible with BIP 148. BIP 91 requires 80% of bitcoin’s miners to signal support for a lock-in and a shorter signaling period than BIP141. BIP 148: Uses an older mechanism for making changes to bitcoin, called a user-activated soft fork (UASF ... BIP91 (or Bitcoin Improvement Proposal 91) is the work of software engineer James Hilliard, it addresses incompatibilities between the competing SegWit2x and BIP148 protocols. Both bring SegWit to Bitcoin, except that SegWit2x refuses communication with BIP148, which would effectively cause Bitcoin to split in two. Developer James Hilliard, best known for his Bitcoin Improvement Proposal #91 (the BIP which activated SegWit and prevented SegWit2x) and the CGMiner program, discovered a vulnerability in Bitmain’s Antminer S15 firmware. The vulnerability was then turned into an exploit by an anonymous security researcher. Hilliard has publicly demonstrated the exploit in action: @BITMAINtech tried and ... Active Core developer James Hilliard said the deprecation warning should also tell merchants that “it’s recommended that users contact/inform the merchant that they are using a deprecated and insecure protocol.” However, most BTC developers simply responded with an “Ack” (accepted the change) and Core lead maintainer Wladimir J. van der Laan said, “I would really like to merge this ... Offered by Bitmain Warranty engineer James Hilliard, BIP 91 found support of multiple Bitcoin companies and mining pools. It is compatible with the New York Agreement as well as with BIP 148 ...

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Binance Bans USA Crypto Traders

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