Bitcoin segwit signalling
the most noteworthy change in the new release affects miners, and in particular concerns. And given that the costs of running this network are likely much less than paying transaction fees, each member can do a very large chunk of business on this chain. On the one side, you have the big blockers who want 2MB blocks, entertaining the notion of a network fork to. (Users can check to see how many mining pools are signaling for BIP91 here. Similarly, the current favorite among big blockers is Bitcoin Unlimited, which similarly has consistently less than 30 of mined blocks signaling (it needs 75).
Once in a while, the current state of the utxo-set is flushed: This is when the data is stored on disc more permanently. Whats interesting is that theres no reason why the same type of distributed ledger cant work for other assets besides bitcoin. And indeed, some sort of ad-hoc routing through a network of bilateral relationships like this will be the obvious next step so A can send to C without having a bilateral agreement in place. The, bitcoin Core project, launched by Satoshi Nakamoto eight years ago and today led by Wladimir van der Laan, aims to release a new major release of the software about once every six months. A Modest Improvement, once fees are high enough and transactions between them frequent enough, Coinbase and Purse will want to form a bilateral agreement.
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