BIP141 signaling start

1916 of 2016 blocks have to signal in order to active SegWit protocol
28 July 2017   2285
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

On Thursday, July 27, stage of Segregated Witness protocol signaling started (SegWit, BIP 141). This means that if at least 95% of the blocks (1916 of 2016) signal in support of SegWit, then the protocol will be fixed. In turn, this will provide the conditions for activating the offer for scaling BIP 141.

Coin.dance service provides the progress of this process

CoinDance
CoinDance

According to another webservice, XBT.eu, this stage ("lock-in period") will end at 8th of August.

xbt.eu
Lock-in period by XBT.eu

Now, the most interesting part for all Bitcoin traders. What's the price reaction about these news? Bitcoin gained 7.24% in 24 hours!

Bitcoin Price Chart
Bitcoin Price Chart

Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Now 1 Bitcoin costs $2748.97.

It worth reminding that another Bitcoin optimization protocol was activated on 23th of July. BIP91 is a modified version of the BTC1 (SegWit2x), which supported a number of bitcoin-companies and mining pools, in May of 2017 signed under the relevant agreement in New York.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   226

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.