Cryptocurrency traders are warning that any Bitcoin circulating after the end of this month could disappear from the Wallets of its owners or for the transaction to be rejected by others, as the phenomenon they call "chain split" or "chain split" will take place.
Bitcoin.org, a virtual currency-related community, said on Thursday that the Bitcoin network facilitates hundreds of millions of transactions to date.
The blockchain, an electronic ledger that records and tracks every cryptocurrency exchange and trade, relies on this network, which consists of thousands of Bitcoin nodes running Bitcoin software.
However, planned improvements to that particular network over the coming weeks could disrupt it, leading to what's called a “chain split,” an event in which some Bitcoin nodes will run software that other nodes are incompatible with for a period of time. space.
"As a result, some nodes may transmit confirmed transactions that other nodes may not accept or recognize," warns Bitcoin.org.
"This can lead to unreliable confirmation scores for an unknown period of time. This means that any bitcoins you receive during this period could disappear from your wallet or be a type of Bitcoin that others will not accept for payments until the issue is resolved. ”
As noted by The Register, the event is necessary for Bitcoin Improvement Proposal 148 (BIP 148), μια προσπάθεια να εισαχθεί αναθεωρημένος κώδικας, γνωστός και ως SegWit, για την αύξηση του μεγέθους Βitcoin και αναβάθμιση του scripting.
Once the updates, the confirmation score should (hopefully) 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 1 of August, 01: 00: 00 GMT + 0100. However, Vitcoin.org recommends that payments be terminated by July 30 for security reasons.