I know this is a crucial date and I know that UASF is a user assisted soft fork? The miners might not have control of bitcoin after Aug. 1st. I don't understand fully what is going on. I would like to know. So can someone explain it all to me in language that a 5 year old could understand?
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Basically the way I understad it, .....and im not an expert if it hard forks, we could end up with multiple coins like Eth. If Segwit2x happens it'll be a soft fork that will increase block size but stay one coin. It needs 80% concensus and recently it had 96% it's slipped a bit but i think we'll be ok. hope this helps
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Ya kinda helps. What are the miners saying or wanting?
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had 96% concenses for segwit 2x at one point at the time of this posting 87%....they only need 80 https://coin.dance/blocks
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