If there were to be a chain split bitcoin could possibly become two coins. Similiar to how ETH and ETC where the outcome of the Ethereum split. This could push huge speculation into the future of bitcoin and crypto in general. Avoiding this is only possible if enough of the miners come to a comprimise and agree to compute on the same network or chain
Avoiding chain split - what does it mean in layman terms?
If there were to be a chain split bitcoin could possibly become two coins. Similiar to how ETH and ETC where the outcome of the Ethereum split. This could push huge speculation into the future of bitcoin and crypto in general. Avoiding this is only possible if enough of the miners come to a comprimise and agree to compute on the same network or chain
And it looks like we might?!
too soon to tell. but the next 2-3 days should give a better indication of the possibilities. There is a test happening for the support of proposals right now. Coindesk has this article about this topic http://www.coindesk.com/bip91-begins-bitcoins-miners-signal-segwit2x-scaling-proposal-early/