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Topic: how could bitcoin split (Read 524 times)

mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
July 06, 2017, 09:23:29 PM
#4
I don't think bitcoin will split if it happens bitcoin will lose its charm.

Nope. Split or no split, we really need an update asap. I would prefer bitcoin splitting and the price crashing rather than having the current high transaction fees and long transaction times. People always look at only the price and not the tech.
legendary
Activity: 1218
Merit: 1007
July 06, 2017, 05:38:25 PM
#3
how could the block chain split if segwit2x support is above 80% ?
will we need to upgrade our client to use it after segwit is activated ? if yes, why so ?
You would need to have a new client which would be synced to the fork blockchain and import your private keys to my knowledge. Or, if we're lucky, devs will just push out updates to wallets which would automatically connect them to the Segwit nodes and you wouldn't have to do anything beyond permit the update.
I don't think bitcoin will split if it happens bitcoin will lose its charm.
There's a time to fork and a time to not fork, this is one of those times and if you think Bitcoin will lose its "charm" because of that you're woefully mistaken.
newbie
Activity: 28
Merit: 0
July 06, 2017, 05:32:53 PM
#2
I don't think bitcoin will split if it happens bitcoin will lose its charm.
newbie
Activity: 50
Merit: 0
July 06, 2017, 04:51:46 PM
#1
how could the block chain split if segwit2x support is above 80% ?
will we need to upgrade our client to use it after segwit is activated ? if yes, why so ?
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