Bitcoin Scaling Action Heats Up

Blockchain, Event, FinTech, Investing, News | July 20, 2017 By:

As the countdown continues toward the August 1 implementation of SegWit2x, more bitcoin exchanges have revealed their plans to handle the volatile situation.

Mining groups representing some 80 percent of hash power have committed to activating SegWit2x.

A new site has emerged that is tracking the B1p91 signaling process, which indicates activation. There is also a new site that claims it will actively alert on and track any fork that appears across four separate nodes.

Coindesk’s Bailey Reutzel, who was just named the US National Editor for that site, has a roundup report on exchange statements to date.