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Author Topic: [2017-07-08]The Blockchain Split Scenario: Staying Informed and Backing Up Bitco  (Read 4588 times)
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July 08, 2017, 04:17:31 PM

The Blockchain Split Scenario: Staying Informed and Backing Up Bitcoin Keys

In less than four weeks the Bitcoin network has many events on the horizon, and numerous things could happen during the weeks following.

The Fear of a Chain Split

Right now over the course of the next 3-4 months, there are many plans for the Bitcoin network. Often times at we have discussed this matter in great detail, but people still wonder what will happen to their bitcoin holdings if the blockchain splits. Several potential outcomes can happen with these particular three ideas; The user activated soft fork (UASF) that begins on August 1, Segwit2x which starts around mid-July to October, and the more recent Bitcoin ABC (UAHF) that might deploy in August.
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