Japan’s Bitcoin Exchanges Getting Ready To Secure Smooth Operations After August 1
Shortly after recognizing Bitcoin and digital currencies, Japan continues to take thorough steps to create an attractive environment for digital currency trading and use in daily purchases.
In the latest forward looking preparations - Japanese exchanges lineup to secure smooth operation irrelevant of Aug. 1 events.
Buckle upBitcoin Improvement Proposal 148 is set to be signaled by miners in August with hopes that SegWit2x gets locked in.
This means that transactions will become both quicker and cheaper. However, not everyone agrees and it is uncertain if this will be successful. A scenario of Bitcoin forking, or breaking into two separate chains is possible if no enough parties agree to signal for BIP148.
The Aug. 1 events have been unsettling the market as July continues to be the choppiest month traders have faced this year. There is no doubt that a possible fork of the peg and major cryptocurrency is no easy feat and disruption can occur, irrelevant of the outcome.
https://cointelegraph.com/news/japans-bitcoin-exchanges-getting-ready-to-secure-smooth-operations-after-august-1