Bitcoin News 24 August 2017 – Bitcoin’s SegWit Finally Activated

Bitcoin news today which leads with SegWit being activated – bringing the years-long debate over the “contentious code upgrade to an official close”.

Now the next discussion and agreement looms – doubling the blocksize from 1Mb to 2 Mb – all this to allow Bitcoin to scale and reduce transaction time.

 

 

 

Other News headlines:-

 

The Yours Network Switches from Litecoin to Bitcoin Cash for Cheaper Micropayments – Initially launched with Bitcoin but transaction fees became too high to justify micro payments.

 

Blockchain-driven digital identity fraud firm Civic has partnered up with wiki how to provide its user base with login security – Identity theft is a huge problem in the world and Civic are playing a vital role to reduce this statistic.

 

Tech giants like Amazon and Facebook more disruptive to banks than fintech start-ups – says the World Economic Forum. Banks are lagging behind with development of cloud computing, artificial intelligence, and big data.

 

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