Sentences with phrase «risk of a chain split»
However, if there is just one full node or even a small percentage of full nodes that validate blocks that a majority of miners are mining on, then there is an imminent risk of a chain split.
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So, when the chains will split, you are at risk of losing your coins on one chain on making transaction at the other.
According to coin.dance, 79.9 % of the last 144 blocks have signalized support for BIP 91, a solution that makes it easier for the network to adopt Segregated Witness and forthcoming off - chain solution Lightning Network, and also reduces risks of the bitcoin lockchain split after the 1st of August.
BIP91 Locks In The lock in of the BIP91 proposal means that as long as 51 % of the network hash power continues to mine blocks that support SegWit, the protocol will activate and there will be no risk of a major chain split.