Luke Dashjr SegWit, Bitcoin Independence Day – Bitcoin magazine

In a year marked by pontifications on what it means to be a “Bitcoin maximalist”, the implosion of numerous centralized “crypto” projects and the excommunication of selfish Bitcoin influencersBitcoin’s Independence Day is worth more than ever.

Bitcoin’s first day of independence was scheduled for August 1, 2017, when Bitcoin users planned to implement a software update via a user-activated soft fork (UASF) via BIP148, which they hoped would score a victory based on the community over the years Blocksize War by activating SegWit. This was a change to the Bitcoin transaction format that was supported by the Bitcoin community in general, but countered by some large mining entities and other ecosystem startups who have instead tried to impose a hard fork on the protocol to increase the limit. block size.

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