Just In Maintain 100 Percent Control Of Their Bitcoin:19/06/017

Discussion in 'Bitcoin Investments | Discussions' started by zedzed, Jun 19, 2017.

  1. zedzed

    zedzed Upcoming Mod

    Featured Threads:
    244

    New Initiative Advises Users To Maintain 100 Percent Control of Their Bitcoin


    A new initiative designed to help Bitcoin users with the upcoming fork advises them to maintain 100 percent control of their Bitcoin, rather than keeping it in exchanges.

    The reality is clear - most Bitcoin blocks hit the block size limit of 1 MB and are plagued by fees and slowdowns. The solution, though, is still up in the air as debate rages about how change should happen.

    One solution, the user-activated soft fork (UASF) is scheduled to go live on August 1, while another competing group has threatened to split the chain if that occurs.

    1August.org claims to be a neutral third party designed to help users understand and navigate the upcoming fork, and how to best protect their Bitcoin. Because a fork would create duplication, the best solution for users is to be able to transact on both chains, should a fork occur.

    At this time, they are advising that users maintain 100 percent control of their Bitcoin, rather than keeping it in exchanges such as Coinbase or Bittrex. The only way to completely control Bitcoin is to be in control of your private keys on either a wallet application or a paper wallet.

    As they continue to evaluate the situation, 1August has promised to continue informing users in an unbiased fashion

    New Initiative Advises Users To Maintain 100 Percent Control of Their Bitcoin
     
  2. Loading...

    Similar Threads - Maintain 100 Percent Forum Date
    Sprouts Risen 10000% In 7 Days - Don't Neglect Small Cryptos! Bitcoin Investments | Discussions Jun 19, 2017
    Bitcoin Users Would Pay Up To $100 Fees: Adam Back, Bruce Fenton Bitcoin Investments | Discussions Jun 8, 2017
    Just In Bitcoin Users Would Pay Up To $100 Fees:08/06/2017 Bitcoin Investments | Discussions Jun 8, 2017
    Just In:earn 138000 To 141000 Satoshi Every 120 Minutes Bitcoin Investments | Discussions May 31, 2017
    What To Invest In With 100k? Bitcoin Investments | Discussions May 17, 2017

  3. zedzed

    zedzed Upcoming Mod

    Featured Threads:
    244
    Don't sell all ur btc save some too
     

Share This Page