We are now less than 24 hours away from the start of the latest Bitcoin Civil War. On August 1, shortly after 12:20 pm UTC, segwit opponents will launch a user-activated hard fork (UAHF) to create Bitcoin Cash.
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The creators of Bitcoin Cash believe support for segregated witness was a mistake – and a diversion from Satoshi Nakamoto’s vision for Bitcoin – and they aim to help bitcoin scale by immediately increasing the block size from 1 MB to 8 MB.