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#hot BitcoinIndependenceday
August 1 marks eight years since the BTC SegWit upgrade—a pivotal network shift that reshaped the protocol and birthed a rival, Bitcoin Cash (BCH). Known as “Bitcoin Independence Day,” the event reduced the influence of large mining pools and introduced a more scalable path for BTC via the Lightning Network.
In 2017, the community was locked in a “block size war.” Some, led by figures like Roger Ver, wanted to expand the block size to support faster transactions and mass adoption.
Others pushed back, arguing that such changes would centralize the network by requiring high-storage infrastructure, excluding smaller node operators.