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Bitcoin Might NOT Split After All....For Now At Least

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Published: 01 Aug 2017 › Updated: 01 Aug 2017Bitcoin Might NOT Split After All....For Now At Least

Bitcoin Might NOT Split After All....For Now At Least

I just came across this Associated Press article on ABC News that says a new agreement has been reached.

You can read the full article with the highlighted link above, however the main concern is in the first and last paragraphs which read:

"A move by users to force a change in the computer code by Monday has worked. A majority of "miners" — the core bitcoin users who verify bitcoin transactions around the world — has signaled support. Though the change is designed to improve capacity on the increasingly clogged network, some miners had objected because it could reduce transaction fees they collect."

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"Meanwhile, major companies that came together on the May agreement committed to a second change by November that could still result in a split of bitcoin into two incompatible currencies if a significant number of miners don't agree.

" "The big drama has thus been postponed," Sirer said in an email Monday."

Keep in mind this is the only publication announcing this that I can find, so as always do your own research and invest carefully. Personally I've stayed away from Bitcoin as much as possible throughout the recent drama.

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