Hard Fork and Controversy Ahead With Digital Currency Group's Segwit2Mb
Bitcoin history was made yesterday when Digital Currency Group ( DCG ) announced the new plans for the Bitcoin Scaling Agreement. According to the announcement, the updates will be in line with the original Segwit2Mb proposal . With Bitcoin currently sitting around $2430, steadily inching its way closer to $3,000, the stakes have never been higher. The components of the new Bitcoin Scaling Agreement : Activate Segregated Witness at an 80% threshold, signaling at bit 4 Activate a 2 MB hard fork within six months According to the DCG, "56 companies" have signed on to the agreement and goes on to state: "The group of signed companies represents a critical mass of the bitcoin ecosystem." Digital Currency Group, however, has an ownership stake in 27 out of these 56 signers: BitFlyer, BitPay, BitPesa, BitOasis, Bitso, Bitwala, Bloq, BTCC, Circle, Civic, Coinbase, Coins, Filament, Genesis Global Trading, Korbit, Luno, MONI, Netki, Purse, Safello, S