Bip 101 bitcoin charts
Posted On 27.08.2018
Bitcoin already live, many are left wondering if the second phase of the NYA is still relevant. The now inevitable activation of Segwit is a success claimed by both UASF and Segwit2x supporters. Despite the recent arrival of Bitcoin Cash, Bip 101 bitcoin charts supporters are keen to point to the number of businesses that signed the NYA by way of showing support for the continuation of phase two of the plan. Every business has a decision maker or owner behind it and so the above can be distilled into a small group of individuals who consider themselves representatives of the wider community.
Our companies will be ready for larger blocks by December 2015 and we will run code that supports this. December 2015 passed without a hard fork, perhaps showing that industry support doesn’t always equate to economic or community support. We are fairly liberal with approving BIPs, and try not to be too involved in decision making on behalf of the community. The exception is in very rare cases of dispute resolution when a decision is contentious and cannot be agreed upon.
In those cases, the conservative option will always be preferred. It is the fact that the NYA led to the issuing of a statement of intent and not the publication of a proposal that presents the strongest case for its opposition. With the release of Bitcoin Cash earlier this month the market reaction was ultimately positive as Bitcoin’s price rose significantly in the days that followed. Similarly the price of Bitcoin Cash itself seems to be holding at a higher level than many anticipated. As far as the market has indicated it seems that a resolution to the scaling debate has already been reached. There are no such safeguards in place with btc1 as neither two-way nor one-way replay protection have been implemented.