It is going to be a wild summer for the price of Bitcoin . The only certainty in the space will be change.
Watching the roller coaster is fine for the speculators out there, but maybe new protocol reinforcements will help spur prices higher, and stabilize the environment. The much-hyped Segregated Witness application is about to be brought into play, if it hasn’t already, by the Bitcoin Core developers. Confirming the unconfirmed
News of the advancement forward of Segregated Witness, or SegWit, made waves on Reddit’s r/Bitcoin Thursday afternoon in the form of a single forum discussion screen capture posted on Imgur. This pic seems to indicate a discussion by the Core developers about now being the time to put SegWit into action, after spending an appropriate amount of time within the testnet. It would be far too easy to just take this at face value and say SegWit is now operational on Bitcoin’s blockchain, but another forum source on botbot.me has another conversation that says the opposite.
Note the times above in the screen capture. In the botbot.me forum, just a few minutes later, it seems a similar conversation is going on, dated yesterday, with the same usernames.
Under the heading “#bitcoin-core-dev,” CodeShark says “just to be 100% clear, the plan is no more minor releases on 0.12, merge segwit into master now but without activation parameters. Correct?” gmaxwell simply responds “CodeShark: No.”
So we can gather that SegWit may or may not be actively used beyond the testnet at this time, but until a formal announcement by Bitcoin Core can be reviewed, it is safer to assume that it is very, very close to deployment, if not currently active.
This seems to answer the speculation of if SegWit will beat the Bitcoin halving event to market as the discussion is more in […]
