Bitcoin; July 30 - August 1 stop trading

Crypto-currency traders warn that any Bitcoin released after the end of this month could disappear from its owners' wallets or be rejected by others, as the phenomenon they call "chain splitting" will take place or "Chain split".

Bitcoin.org, a community related to the virtual currency, said Thursday that the Bitcoin facilitates hundreds of millions of transactions to date.Bitcoin

Blockchain, an e-book that records and monitors each exchange and the cryptographic trade, relies on this network, which consists of thousands of Bitcoin nodes using the Bitcoin software.

However, planned network upgrades in the coming weeks could disrupt it, leading to what is called "chain splitting," a fact in which some Bitcoin nodes will run on software that other nodes are not compatible with for some time. space.

"As a result, some nodes may transmit confirmed transactions that other nodes may not accept or recognize," warns Bitcoin.org.

“This may lead to an unreliable rating of the confirmation for an unknown period of time. This means that what λαμβάνετε κατά τη διάρκεια αυτής της περιόδου θα μπορούσε να εξαφανιστεί από το πορτοφόλι σας () ή να είναι ένας τύπος Βitcoin που άλλοι δεν θα δέχονται για πληρωμές μέχρι την επίλυση του to."

As noted by The Register, the event is necessary for the Bitcoin Improvement Proposal 148 (BIP 148), an attempt to introduce revised code, also known as SegWit, to increase the size of Bitcoin and to upgrade scripting.

Once the updates have been made, the confirmation score (hopefully) will return to normal.

However, there is also the possibility of seeing one or more Bitcoin versions running at the same time as a consequence of the chain breakdown, which in turn could disrupt the transactions.

So everyone who uses it Vitcoin they should stop accepting payments at least 12 hours before August 1, 01:00:00 GMT + 0100. However, Bitcoin.org recommends stopping payments from July 30 due to s.

iGuRu.gr The Best Technology Site in Greecefgns

every publication, directly to your inbox

Join the 2.087 registrants.

Written by giorgos

George still wonders what he's doing here ...

Leave a reply

Your email address is not published. Required fields are mentioned with *

Your message will not be published if:
1. Contains insulting, defamatory, racist, offensive or inappropriate comments.
2. Causes harm to minors.
3. It interferes with the privacy and individual and social rights of other users.
4. Advertises products or services or websites.
5. Contains personal information (address, phone, etc.).