Bitcoin Core offered to alter the bitcoin’s structure by activating SegWit and hard fork.
A corresponding offer appeared in Bitcoin Core’s newsletter. According to BitsMedia, it changes the Consensus reached in New York in a quite original way: the company offers to activate a SehWit which will have a hard fork increasing the size of a block up to 2 MB.
Bitcoin Core’s is an alternative to a previously signed agreement between key market players.
This agreement was signed by 56 companies which owned 83.28% of hash power. They agreed to immediately support changes in the bitcoin’s structure and alter voting after activation SegWit. They believe that it should be held not among miners but among knots. Besides, decisions should be taken not at 95 % but at 80%.
Bitcoin Core recommends leaving the threshold of decisions on the same level and activating SegWit on August 1 increasing the block size not instantaneously but in 6 months.
Changes are aimed to expand and optimize the bitcoin’s net. It is supposed that this will solve the problem of too many transactions in blocks, lower commissions and increase the speed of operations.
