Weekly Wrap Up:
Two main topics this week and each has a far reaching consequence on Blockchains'future.
- Segwit Consensus reached: After two long years of hard work, and numerous debates and hundreds of articles, we are now witnessing a great step towards the scaling of blockchain. The debate between miners, developers and users seems to have come to a foregone conclusion that we have been advising our clients. There is no overhanging threat of a soft fork anymore. SegWit is now active on the Bitcoin network. Segwit2X was supposed to increase the block size and that should be the logical next step over coming months. All this happened before the 1st August deadline and that is even more remarkable for the Bitcoin community. This was primarily a debate how to scale up - that is make the blockchain network faster and more secure as more and more people join the bandwagon.
Jeff Garzik has been a leading architect for last few years to implement Segwit2X, here is an interview with the Coindesk folks.