Sentences with phrase «activates on altcoins»
«They know that if SegWit activates on altcoins, it will make blocking it on Bitcoin even less credible.»
https://bitcoinmagazine.com/ Not exact matches
These figures don't include altcoins support turned on during the beginning of July, e.g. Bytefederal activated DASH trades on their 9 machines, which will be reflected in the stats of the next month.
This was allegedly due to technical issues or other stated reasons, but, as Viacoin lead developer Romano noted, «It seems more likely they want to refrain from activating Segregated Witness on altcoins because that would give them even less reason to hold off activation on Bitcoin.»
Indeed, as Segregated Witness (SegWit) is slow to activate on Bitcoin, several altcoins are taking a stab at implementing and activating the soft fork first.
«It seems more likely they want to refrain from activating Segregated Witness on altcoins because that would give them even less reason to hold off activation on Bitcoin,» he said.
But Segregated Witness has not activated yet, and whether it ever will depends on miners — both on Bitcoin as well as on altcoins.
Litecoin is now the biggest altcoin to successfully activate SegWit, which went live at around 6:00 PM London time on the 10th of May 2017.
Charlie Lee, Litecoin's creator, retweeted accusations from user - activated soft fork supporter shaolinfry on Monday that Wu was behind a deliberate attempt by miners to block the altcoin from activating SegWit.