Bitcoin Finds Its Niche – Bitcoints


Published on May 26th, 2017 | by bitcoin


Bitcoin Finds Its Niche

Bitcoin Scaling Agreement at Consensus 2017May 23, 2017 We agree to immediately support the following parallel upgrades to the bitcoin protocol, which will be deployed simultaneously and based on the original Segwit2Mb proposal: Activate Segregated Witness at an 80% threshold, signaling at bit 4Activate a 2 MB hard fork within six monthsWe are also committed to the research and development of technical mechanisms to improve signaling in the bitcoin community, as well as to put in place communication tools, in order to more closely coordinate with ecosystem participants in the design, integration, and deployment of safe solutions that increase bitcoin capacity.
We welcome all companies, miners, developers, and users to join us and help prepare bitcoin for the future.
The group of signed companies represents a critical mass of the bitcoin ecosystem.
As of May 25, this group represents: 58 companies located in 22 countries83.28% of hashing power5.1 billion USD monthly on chain transaction volume20.5 million bitcoin walletsSeparately, as of May 24, the following companies have committed to provide technical and engineering support to test and support the upgrade software, as well as to assist companies with preparing for the upgrades: Abra|BitClub Network||BitFury|BitGo|Bitmain|BitPay Blockchain|Bloq|BTCC|Circle|Ledger|RSK Labs|Xapo If you wish to dedicate technical and engineering support from your team, please let us know and we will include you in the list above.
This has since been corrected.


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