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Topic: august 1 split in the bitcoin blockchain explanation

July 19, 2017, 9:15 pm

Over the next few weeks, the Bitcoin network and its participants may see some scaling proposals implemented to the protocol and the subject can be confusing. Right now there are multiple scenarios between three possible plans that include a user-activated soft fork (UASF), Segwit2x, and a user-activated hard fork (UAHF). We’ve done a run down of each proposal, community sentiment, and possible outcomes in recent articles to give our readers some information on the topics.

We want to take it a bit further and give our readers a visual glimpse at the possible outcomes of Segwit2x, UASF, UAHF, all the Bitcoin Improvement Proposals (BIP) involved, signaling periods, and a timeline of dates and requirements. would like to also thank our friends Hampus Sjöberg, Eric Wall, and Tomislav Dugandzic for allowing us to use the initial template for this flow chart.

By Jamie Redman @jamieCrypto

hard fork expalnation