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Garzik Forks UnitedBitcoin Away from “Maximalists” to Support Altcoin Communities

A new project called UnitedBitcoin (warning: the site autoplays audio) promises to add smart contract features using the UTXO model, support for the lightning network and SegWit, and eight-megabyte blocks. Headed up by Jeff Garzik, the lead developer behind the failed SegWit2x hard fork, along with Matthew Roszak and SongXiu Hua, this UnitedBitcoin (UB) hard fork will offer replay protection to pr

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A Beginner’s Guide to Claiming Your Bitcoin Gold (and Selling It)

This is a re-write of “A Beginner’s Guide to Claiming Your ‘Bitcoin Cash’ (and Selling It)”. Please note: Everything in this article is just advice based on our best understanding of the current situation.Bitcoin Gold (also referred to as Bgold, and trading under the ticker BTG)launched November 12, 2017. Since the Bitcoin blockchain technically forked on Bitcoin block 491407, anyone who

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Bitcoin Gold Launches Tomorrow

After weeks of preparation, Bitcoin Gold (Bgold; BTG) is finally launching tomorrow,  November 12, 2017.Bitcoin Gold is the second project to fork away from the Bitcoin blockchain to create a new coin this year; on August 1, Bitcoin Cash (Bcash) was the first. Where Bcash attempted to offer an on-chain scaling solution by increasing Bitcoin’s block size limit (while removing theSegrega

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Bitcoin Reaches End of An Era: Expert Blog

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com.Calling off 2MB blocks marks the end of a 3-year effort between different polit

Bitcoin Gold Plans to Launch its Network on November 12

News The fork called “Bitcoin Gold” (BTG) has been quite the mystery since it announced its plans to fork the Bitcoin network and change the currency’s consensus algorithm. According to the team, the fork took place on October 25, and the network was supposed to start on November 1. However, BTG developers didn’t finish the project’s mainne

All You Need to Know About This Whole SegWit vs. SegWit2x Thing, Explained

What is Segregated Witness?Segregated Witness, often abbreviated to SegWit, is a proposed update to the Bitcoin software, designed to fix a range of serious issues.It is developed by its long-standing team. Bitcoin Core is currently the most popular Bitcoin reference client, in use by the majority of the businesses in the industry.Originally, the update was aimed at solving transaction malleabilit

SegWit2x Is Dead, Long Live Bitcoin! Price Hits All-Time High As Hard Fork Canceled

Bitcoin has reached a new all-time high of $7,888 as participants of the SegWit2x hard fork announce they have “suspended” it.A circular sent to the mailing list by major proponent Mike Belshe says that it was “clear” the project “had not built sufficient consensus for a clean blocksize upgrade at this time.”SegWit2x will therefore not activate Nov. 16 as planned, Belshe not naming a p

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TREZOR Will Require Users To Split Coins Themselves For SegWit2x Access

Bitcoin hardware wallet TREZOR has said it will allow users access to SegWit2x balances - if they manually split coins themselves.In a long-awaited statement on its position regarding the hard fork, TREZOR said it would issue a step-by-step guide for those users wishing to claim Bitcoin balances on both chains.“To safely split your coins, we will first wait for the chains to diverge significantl

Two Popular Hardware Wallet Firms Reveal Segwit2x Fork Plans

News This week two well-known bitcoin hardware wallet manufacturers, Satoshi Labs (Trezor) and Ledger Wallet, revealed their contingency plans for the pending Segwit2x fork that may take place in nine days. Both companies explain they will support both chains and tethered tokens if there is a split and provide a tool for the splitting process.Also re

Fork Watch: The Chain With Less Hashrate Could Come to a Screeching Halt

Op-Ed Over the next two weeks, bitcoin proponents from both sides of the scaling debate will be preparing for a possible hard fork. A lot of people believe the Segwit2x fork will be entirely different than August’s bitcoin cash fork, and for good reason.Also read: Satoshi Revolution – Chapter 2: Technology Meets Anarchy. Both Profit (Part 2)

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