-------- Forwarded Message --------
Subject: RE: NIST 8202 Blockchain Technology Overview
Date: Mon, 29 Jan 2018 12:25:05 +0000
From: Yaga, Dylan (Fed) <dylan.y...@nist.gov>
To: CANNON <can...@cannon-ciota.info>

Thank you for your comments.
You, along with many others, expressed concern on section 8.1.2.
To help foster a full transparency approach on the editing of this section, I 
am sending the revised section to you for further comment. 

8.1.2   Bitcoin Cash (BCH)
In 2017, Bitcoin users adopted an improvement proposal for Segregated Witness 
(known as SegWit, where transactions are split into two segments: transactional 
data, and signature data) through a soft fork. SegWit made it possible to store 
transactional data in a more compact form while maintaining backwards 
compatibility.  However, a group of users had different opinions on how Bitcoin 
should evolve – and developed a hard fork of the Bitcoin blockchain titled 
Bitcoin Cash. Rather than implementing the SegWit changes, the developers of 
Bitcoin Cash decided to simply increase the blocksize. When the hard fork 
occurred, people had access to the same amount of coins on Bitcoin and Bitcoin 
Cash.

_______________________________________________
bitcoin-dev mailing list
bitcoin-dev@lists.linuxfoundation.org
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

Reply via email to