Sentences with phrase «via the bitcoin improvement»

Since the mining community has already agreed to activate SegWit via Bitcoin Improvement Proposal BIP 91 and 141, the original SegWit proposal, SegWit is likely to be activated on the Bitcoin network by Aug. 14.

Segregated Witness (SegWit), the Bitcoin protocol upgrade proposed by the Bitcoin Core development team, was originally designed to activate via the Bitcoin Improvement Protocol 9 (BIP 9) standard, a hash - power signalling mechanism.

Not exact matches

In the past, some have criticized Bitcoin Core contributors» preference for implementing Segregated Witness via a soft fork due to the perceived complexity involved with the code involved in making these improvements.

DIP0001 implementation (which is a 2 MB block upgrade); Transaction fee reduction 10x (activates via DIP0001 activation); InstantSend vulnerability fix (activates via DIP0001 lock in); PrivateSend improvement which should allow user to have mixed funds available much faster; Various RPC changes; Lots of backports from Bitcoin Core and refactoring of our own legacy code which should improve performance and make code more reliable and easier to review; Experimental HD wallet with BIP39 / BIP44 support.

That said, Bitcoin utilizes a BIP or Bitcoin Improvement Proposal as the de facto way of introducing features (via Github).