SegWit

By Sunday, July 23, more than 95% of miners had voted for Segregated Witness, defined in BIP 141, activation.  

The Bitcoin price rose sharply after Bitcoin Improvement Proposal 91 (BIP 91) was locked in yesterday evening.

The Bitcoin price dropped sharply from $2,500 last week to $1,850 on Sunday, July 16. In the beginning of this week, Bitcoin managed to recover and moved above a level of $2,000.

The Bitcoin trading market has been panicky shivering this last week. The Bitcoin price has dropped sharply from $2,500 last week to $1,850 on Sunday, July 16. However, on Monday, July 17, Bitcoin’s price recovered a little and holds on at a level around $2,000.

A group of companies that represents a critical mass of the bitcoin ecosystem has agreed to support upgrades to the bitcoin protocol.

Litecoin price has doubled in the last few days, while SegWit adoption could be imminent! CoinIdol investigates what’s in store for both.

Charlie Lee urges the Litecoin Mining community to support the Segregated Witness Activation proposal now and open the blockchain frontier to amazing new possibilities.

Slush pool, the world’s oldest mining pool, is the only one to let its miners decide by way of voting on the proposed Bitcoin soft fork. All the other pools reserved this right for only top managers of the pools. CoinIdol.com collected the opinions of experts on the SegWit voting that began on the 19th of November 2016.

Bitcoin reaches its highest price level since the attack on Bitfinex in August 2016. On November 1, the Bitcoin price reached $732. Today, November 2 the price for Bitcoin is about $725.