On May 23rd the Digital Currency Group released a statement declaring that 58 signatories had agreed on a way to end Bitcoin’s ‘scaling debate’.
Known as the New York Agreement (NYA) it was said to be a compromise between the two sides of the debate — those who want to achieve scaling through Segregated Witness (Segwit) and those who prefer to scale by increasing the block size. It consists of two sequential phases — to activate Segwit using BIP 91 (making it compatible with the UASF) and then to hard fork the base block size to 2 MB ninety days later.
On May 23rd the Digital Currency Group released a statement declaring that 58 signatories had agreed on a way to end Bitcoin’s ‘scaling debate’.
Known as the New York Agreement (NYA) it was said to be a compromise between the two sides of the debate — those who want to achieve scaling through Segregated Witness (Segwit) and those who prefer to scale by increasing the block size. It consists of two sequential phases — to activate Segwit using BIP 91 (making it compatible with the UASF) and then to hard fork the base block size to 2 MB ninety days later.
Related