What’s the Matter?
Possible Bitcoin split, scheduled on August 1, must be the answer. Last Thursday, more than 80 percent of developers signaled support for BIP91, a bitcoin improvement proposal intended to resolve differences between the Aug. 1 User Activated Soft Fork and SegWit2x.
BIP 91 will double the maximum number of transactions on the bitcoin network without touching the hard-coded 1-megabyte limit. SegWit SegWit therefore will cleverly cleave off chunks of transaction data and free up space for more transactions. As SegWit doesn’t change the size on block, some people consider it to be a superficial decision.