The BitcoinMagazine news agency recently published the proposed calendar for the implementation and evolution of SegWit within the Bitcoin ecosystem. Below are some of the considerations proposed for each of the dates and steps proposed by the team of programmers in order to properly carry out the entire process and give an effective response to the problems facing the digital currency that currently jeopardize its smooth operation.
July 14: Deployment of the BTC1 software
The software constitutes a fork (alternate version) of the base code used by the Bitcoin Core developers. The beta version was released on June 30, but the roadmap set by SegWit2X states that by this date the signatories of the New York Agreement should install the BTC1 beta software and test it on their systems.
This step should in no way affect either regular users or miners.
July 21: BIP91 Start signal
The SegWit2X development team establishes that by this date it should be the day on which the BTC1 nodes begin operating in an operative manner, and what is even more important, this will be the day the signal is sent to the Miners to make the respective changes if they want to be part of this proposal.
These changes should not affect regular users of the digital currency.
But in the case of miners, especially those who wish to support the development of SegWit, they must install and make the necessary changes to operate with BIP91.
July 23 (or earlier): Lock in BIP91
This is an important point for the evolution of the proposal, since the total activation of BIP91 requires that from a series of 336 blocks, an approximate 269 blocks have been processed by miners who have implemented the proper specifications. Have achieved 80% of the required HASH.
This phase also does not involve changes that may affect the users of the digital currency.
But in the case of the miners, if BIP91 is finally activated, device operators have a maximum of two days to install the soft fork BIP91, since otherwise the device can start to extract blocks that Are not compatible with the network.
July 25 (or as soon as possible): Activation BIP91
By July 25, there should be 336 blocks processed with the BIP91 protocol, so that it could be fully activated, so any block that is not associated with SegWit could be rejected.
Again, this phase does not affect Bitcoin regular users in any way.
In the case of miners, by this time they should already be mining blocks with the specifications established by the protocol. If this is not the case, the user risks that the blocks that he undermines are invalid.
July 29: First alert for BIP91 implementation
To prevent Bitcoin from being divided into two currencies, the first alert will be issued on 29 July for miners who have not yet implemented the BIP91 protocol on their devices.
By this date, stakeholders should have made the respective changes and ensure that BIP91 is active in mining computers, preferably before 4 am ET.
If BIP91 is not activated before that time limit, Bitcoin could be facing a division in its Blockchain, which would give rise to two different currencies. However, operators of mining devices will still have a space to decide which digital currency they prefer to mine, so they should make a decision as soon as possible, as by 1 August, SegWit is expected to be fully operational.
July 31: Deadline BIP141
Technically, this would be the second alert directed to the miners to avoid the division of Blockchain.
If for these days the devices do not meet the conditions mentioned above, there is a great risk that miners who decide not to implement such changes can not operate with SegWit. At this time it is expected that, within a maximum of two weeks, 95% of the network's HASH will be allocated to SegWit.
It should be taken into account that the probability that the network will take until July 31 to be ready is low, so by that time it is advisable that the miners have wisely made their decision.
August 1: Activation of BIP148
For this day the update of BIP148 is proposed, a new version that operates directly SegWit, reason why this date already constitutes the point of closure for all the miners that have not decided in making the pertinent modifications.
In the first hour of August 1st, all nodes with BIP148