Strongly in Favor of UASF, Bitmain.com Offers Guidance in Case of its Support

Want create site? Find Free WordPress Themes and plugins.

The events surrounding the August 1 deadline for the showdown between the UAHF (user-activated hard fork) and UASF (user-activated soft fork) have been widely publicized, with detractors on both sides.

While many say that the UAHF is too controlling and against the concept of Bitcoin, the reality that most companies face is a need for scaling. The UAHF, according to its supporters, provides scaling within the current guidelines, while maintaining the history of previous transactions and providing stability to Bitcoin as a whole.

In a major public announcement today, Bitmain.com, a widely known mining and chip manufacturer in China, has set up contingency plans should the UASF be implemented. The company has come out strongly in favor of the UAHF, stating that even in the unlikely event that the UASF is activated, the UAHF will protect transactions that are at risk.

Further, the company stated that they would support the activation of SegWit, as well as code changes to provide reliability and safety.

Whatever happens, the company believes stability can be maintained through the transitions. However, a UASF activation will mean far more complexity.

Let's block ads! (Why?)

Powered by WPeMatico

Did you find apk for android? You can find new Free Android Games and apps.



0
Connecting
Please wait...
Send a message

Sorry, we aren't online at the moment. Leave a message.

Your name
* Email
* Describe your issue
Login now

Need more help? Save time by starting your support request online.

Your name
* Email
* Describe your issue
We're online!
Feedback

Help us help you better! Feel free to leave us any additional feedback.

How do you rate our support?