BlockChain News
various factions of the community, some-
thing that was never accomplished before
the SegWit2x agreement.
As for BitcoinCash, the UAHF blockchain
has recently gone through a difficulty re-
targeting event, reducing profitability for
miners. However, there are still those who
are betting on the new Bitcoin, as can be
$4100-$4200 range with no huge spikes in seen through the recent mining uptick
here.
volume. So what caused traders to shrug
off SegWit? Well, when one looks at the
huge rally that has taken BTC to the $4000
mark, it’s easy to see that SegWit was al-
ready being factored into the price.
Given that the proposal had been locked,
SegWit was pretty much a sure thing.
However, the scaling debate isn’t quite
over yet.
What’s next for Bitcoin and BCH?
Now that SegWit is “out of the way”, there
is still the 2MB hard fork that will increase
Bitcoin’s transaction capacity even further,
bringing it up to the equivalent of 4MB.
Although this isn’t a definitive solution for
Bitcoin, it will allow it to accommodate
the current upsurge in user base.
Some members of the developer com-
munity have voiced their concerns and
complaints regarding the technical dan-
gers and lack of planning that has been
put into the SegWit2X agreement, claim-
ing that it’s a rushed upgrade and that
an hard fork should be better planned.
However, one must also realize that there
are compromises that need to be made
in order to find a solution that can please
24