August 10, 2026

Capitalizations Index – B ∞/21M

The first blockchain transportation platform (Drife)

The first blockchain transportation platform (Drife)

Today’s industrial development has played a role in generating many types of industries with smart concepts and more sophisticated systems. This is also supported by improving the quality of technology where the role is increasingly deepening. It is not difficult to create a product that is desired by the community after the support of technological capabilities becomes more mature over time. No exception in the case of cryptocurrency. This one topic is endless to be discussed because its current position is indeed at the peak of its popularity. That is, this includes a large number of digital platforms that launched it. The digital currency has held enormous control in managing the order of human life in various forms. More and more, it is predicted that cryptocurrency will be more stable to replace fiat currency positions in various types of transactions in the world.

Today’s digital currency plays many functions which generally resemble the fiat money function. When we want to get a product, we have to spend a certain amount of money in accordance with the price of the product. This can now be done using digital currencies that are only run through smart phones. The process of buying and paying using digital assets is easier and faster than payments made using paper money. This was later glimpsed by the majority of business people who began to develop plans to implement this digital payment system in their business transactions.

Another function that we can also find is to obtain health services. Communities can now obtain virtual health services through mobile screens anywhere and service fees can be done using coins or digital tokens. This has become very practical to do so that it increases the interest of the community to join as a member of a digital platform in order to obtain these tokens. The community is now increasingly interested in the cryptocurrency function, which has more and more extensive function and has reached various sectors.

The use of digital currency in the payment system has now also achieved the function of transportation services. Drife is the first digital platform that combines digital currency functions with the shuttle service they provide. This service concept can be said as online shuttle transportation because the process is indeed more likely to be done online. For ordering Drife transportation services, users only need to access their account through a mobile application or Drife website and then fill in the required data. This is easier to do than having to wait for transportation on the road with inadequate environmental conditions. There are no more complicated procedures that must be passed by the community to obtain shuttle transportation services.

Drife has been a pioneer in the development of a company that serves shuttle transportation with the concept of online payment, namely through the DRF digital token. The team working behind this platform is certainly not arbitrary in determining the direction they want to achieve through the construction of this platform. The transportation system is one of the most needed services by the community. The high level of mobility especially in big cities has made some people decide to use public transportation to avoid congestion. They also tend to have a myriad of activities that must be run every day and even continue to move actively for up to 24 hours. This has reduced the interest to drive vehicles privately so many choose to take advantage of the shuttle transportation service.

Apart from these reasons, shuttle transportation is considered very useful when they are in need of longer rest periods by not driving a vehicle in person. In addition, the service drivers also have more information about the closest route to reach the destination faster. The level of community needs to obtain services is also very high where they tend to prefer practical things. Therefore, transportation services are considered to be a breakthrough that supports the needs of people in this global era. By providing this service system, Drife is also part of the community service where this goal contains very good value. The service they provide has better quality compared to other types of transportation services. Drife not only pay attention to the economic aspect by reducing the travel costs that must be paid by the customer, this platform also pays attention to the safety side by providing a vehicle that is feasible and roadworthy and comfortable. In addition, their systems that are connected online will make it easier for users and drivers to get help when something out of predictions happens. This proves that the technology system designed by this platform has been very sophisticated and can be compared with other platforms. Drife has shown their seriousness in the form of high commitment to serve the community with high-quality transportation systems.

For reference please click the link below:

Website: https://www.drife.one/

Telegram: https://t.me/Drife_officialchat

Twitter: https://twitter.com/Drife_official

Published at Sat, 11 May 2019 03:02:32 +0000

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BIP91: The SegWit Activation "Kludge" That Should Keep Bitcoin Whole

BIP91: The SegWit Activation "Kludge" That Should Keep Bitcoin Whole

bitcoin’s long-lasting scaling debate appeared to be heading toward a climax lately, with two proposals gaining significant traction. At one end of the fence there is Bitcoin Improvement Proposal 148 (BIP148), a user activated soft fork (UASF) originally proposed by the pseudonymous developer “shaolinfry.” On the other, there’s SegWit2x, an agreement forged between a significant number of bitcoin companies and miners.

The good news is that both of these proposals have a short-term solution in common: both plan to activate Segregated Witness (SegWit) this summer. The bad news is that the activation method of the two has differed, which could lead to a coin-split.

As of today, it seems this schism will be avoided — at least initially. The SegWit2x development team plans to implement BIP91, a proposal by Bitmain Warranty engineer James Hilliard that cleverly makes the two conflicting activation methods compatible.

Here’s how.

BIP141

The current implementation of Segregated Witness is defined by BIP141. This version is included in the latest Bitcoin Core releases, and is widely deployed on the bitcoin network. BIP141 is activated through the activation method defined by BIP9. This means that 95 percent of all blocks within a two-week period need to include a piece of data: “bit 1.” This indicates that a miner is ready for the upgrade. As such, SegWit would be activated if the vast majority of miners are ready for it.

Or that was the intention. So far, only some 30 percent of hash power is signaling support for the upgrade. There is a lot of speculation as to why this is the case, but it almost certainly has nothing to do with (a lack of) readiness.

That’s why other activation methods are increasingly being considered.

BIP148

BIP148 is a user activated soft fork (UASF), specifically designed to trigger BIP141.

On August 1st, anyone running bitcoin software that implemented BIP148 will start rejecting all blocks that do not include bit 1, the SegWit signalling data.

This means that if a mere majority of miners (by hash power) runs this software, they will reject all blocks from the minority of miners that does not. As a result, this majority of miners will always have the longest valid chain according to all bitcoin nodes on the network. Consequently, all deployed BIP141 nodes will see a chain that includes over 95 percent of bit 1 blocks, meaning SegWit would be activated on the network.

However, if BIP148 is not supported by a majority of miners (by hash power), bitcoin’s blockchain could split in two. In that case, there would effectively be two types of bitcoin, where one activated BIP148 and the other did not. This may resolve over time — or it may not.

SegWit2x

SegWit2x (also referred to as “SegWit2MB” or “the Silbert Accord”), is the scaling agreement reached by a numer of bitcoin companies and over 80 percent of miners (by hash power), drafted just before the Consensus 2017 conference.

For some time, the details surrounding SegWit2x were not very specific. As the name suggests, all that was really known was that SegWit was included in the agreement, and that it included a hard fork to double bitcoin’s “base block size” to two megabytes.

And, of course, SegWit was meant to be implemented using a different activation method. Like the original BIP141 proposal, SegWit2x was to be activated by miners through hash power. But where BIP141 requires 95 percent hash power support, SegWit2x would only require 80 percent. Moreover, SegWit2x readiness would be signaled using another piece of activation data: “bit 4” instead of “bit 1.”

This makes SegWit2x largely incompatible with BIP141, and especially with BIP148: Different nodes would be looking at different activation bits, meaning they could activate SegWit under different circumstances and at different times; and that would mess up SegWit-specific block relay policy between nodes, potentially fracturing the network.

BIP91

Now, it seems BIP91 has provided the solution.

BIP91 is a proposal by Bitmain Warranty (not to be confused with Bitmain) engineer James Hilliard which was specifically designed to prevent a coin-split by making SegWit2x and BIP148 compatible.

The proposal resembles BIP148 to some extent. Upon activation of BIP91, all BIP91 nodes will reject any blocks that do not signal support for SegWit through bit 1. As such, if a majority of miners (by hash power) run BIP91, the longest valid bitcoin chain will consist of SegWit-signaling blocks only, and all regular BIP141 SegWit nodes will activate the protocol upgrade.

Where BIP91 differs from BIP148 is that it doesn’t have a set activation date, but is instead triggered by hash power. BIP91 nodes will reject any non-SegWit signalling blocks if, and only if, 80 percent of blocks first indicate within two days that’s what they’ll do.

This indication is done with bit 4. As such, the Silbert Accord can technically be upheld — 80 percent hash power activation with bit 4 — while at the same time activating the existing SegWit proposal. And if this is done before August 1st, it’s also compatible with BIP148, since BIP148 nodes would reject non-bit 1 blocks just the same.

This proposal gives miners a little over six weeks to avoid a coin-split, under their own agreed-upon terms. With a SegWit2x launch date planned for July 21st, that should not be a problem… assuming that the miners actually follow through.

The post BIP91: The SegWit Activation "Kludge" That Should Keep Bitcoin Whole appeared first on Bitcoin Magazine.