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RE: Bitcoin Cash? What it is and how it effects you! [Bitcoin]

in #bitcoin8 years ago

No BIP 91 activated on bit 4 which was to require bit 1 to signal within 2 weeks of activating BIP 91. Bit 1 activates SegWit. BIP 91 needed just 80% to activate where as BIP 141 needs 95% to activate. BIP 141 activates SegWit by signaling Bit 1 as well. BIP 91 states that they will reject blocks that do not signal Bit 1 after 2 weeks of activation. BIP 141 activists might not like the path and reject signaling bit 1 and fork the network off. I am sorry it is so technical and confusing but it is hard to explain! Hope that helps a little I will try to refine this comment into a post that is easier to read over the next day!

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Nice article, nice comment.
Yes, it's technical, and even though I've read a lot about it, your answer has more depth..
Thanks!

Thanks @surfyogi glad to help a few people! Followed you back, thanks for reading and sharing!

Basically the Assholes behind bitcoincash want to make their own coin to compete with BTC.