At the time of writing, one Bitcoin has eclipsed $4,000 in value, up from the $2,200 point it sat at in July as the world awaited to see how miners would decide its future on August 1st. Here’s a timeline of the August 1st hard fork; which created the new Bitcoin Cash (itself the 4th most valued cryptocurrency now) and also produced “segwit” for Bitcoin; an additional layer of functionality for the currency. Segwit stands for segregated witness and has finished phase one of its implementation with phase two happening August 18th. All signs are positive on this front.

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