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Bitcoin soars as miners finally move to solve the digital currency's scaling problem by contentjunkie

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bitcoin · @contentjunkie ·
$4.85
Bitcoin soars as miners finally move to solve the digital currency's scaling problem
<center>https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2013/04/29/100685077-100685077-bitcoin-stack-getty_r.1910x1000.jpg</center>

From CNBC
<blockquote>
Bitcoin soars as miners finally move to solve the digital currency's scaling problem	Bitcoin soars as miners finally move to solve the digital currency's scaling problem  
9 Hours Ago | 00:45
Bitcoin miners are signalling their intent to support a new upgrade for the bitcoin blockchain that may solve the digital currency's long-running scaling issue.

Several of the largest bitcoin miners (who create new bitcoins and support the blockchain), including AntPool, BitClub, Bixin, BTC.com and BitFury, have started showing their support for bitcoin improvement proposal (BIP) 91, by adding a piece of code to each new block of bitcoins they generate.

The miners were not expected to start coding their support for BIP 91 until July 21. Already, 66 percent of the last 144 blocks created signal support for it. The proposal needs 80 percent support to be "locked in" to the blockchain permanently. This will bring relief as it prevents the blockchain splitting into two separate chains, which would effectively create two different coins.
</blockquote>
Read more here: http://www.cnbc.com/2017/07/18/bitcoin-soars-as-miners-move-to-solve-the-digital-currency-scaling-problem.html

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vote details (112)
@cyberblock · 
Its nice to see the value of our posts rising instead of falling! :) I hope it keeps going
👍  
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@dreamrafa ·
$0.24
Nice, so there is no longer a chance of having 2 coins?
👍  ,
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@surfyogi ·
$9.54
no chance!
They already have 80% now.. as of this afternoon.
👍  
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@dreamrafa · 
Thats great, so BTC price should no longer go down either right?, i am trying to understand all this :D
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@stormuk69 · 
If this goes through smoothly isn't November another date that could have potential issues ?
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@drwom · 
Great news 🤗
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@screenname ·
Re: Bitcoin soars as miners finally move to solve the digital currency's scaling problem
<p>This post has been ranked within the top 50 most undervalued posts in the first half of Jul 19. We estimate that this post is undervalued by $12.16 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-jul-19---part-i">The Daily Tribune: Jul 19 - Part I</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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