Bitcoin Independence Day: Luke Dashjr On The Classes From SegWit That We’re Forgetting

Read Time:4 Minute, 33 Second

2022-07-29 12:00:00

In a yr that has been marked by pontification on what it means to be a “Bitcoin maximalist,” the implosion of quite a few centralized “crypto” initiatives and the excommunication of self-interested Bitcoin influencers, Bitcoin Independence Day is value celebrating greater than ever.

The primary Bitcoin Independence Day was slated for August 1, 2017, when Bitcoin customers deliberate to deploy a software program improve by way of a user-activated gentle fork (UASF) by way of BIP148, which they hoped would mark a community-based victory within the years-long Blocksize Warfare by activating SegWit. This was a change to Bitcoin’s transaction format that was supported by the Bitcoin group at giant, however opposed by some giant mining entities and different ecosystem startups that sought as an alternative to impose a tough fork on the protocol to extend the block measurement restrict.





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