Where we are with the bitcoin (MAHF and USAF)

in #bitcoin8 years ago (edited)

With the August 1st approaching everyone keeps thinking: are my bitcoins safe and where the price is going to be! Well the Bitmain coming forward with their plan for MAHF (miner activated hard-fork) if the BIP148 USAF (user activated soft-fork) is getting traction, kind of set everything into perspective. Of course price immediately started dropping but as people were investigating Bitmain's plan deeper it was clear that the threat isn't real. They want to avoid chain-split as much as anyone else and the price is bouncing back as we speak.

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Keeping this in mind we have more chance of SegWit being activated somewhere around August 1st than not. Whether it is going to be BIP148 or SegWit2x remains to be seen. Since SegWit2x hasn't actually been tested and most of the community being against it, I doubt that it has a real chance of being activated in time.

The future seems bright for now, but what will October 15th bring with the bitcoin unlimited?
Stay tuned to find out!

Follow me @eviljedi

Bitmain's contingency source:
https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/