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Will Bitcoin Fork? UASF Summary (Jimmy Song Interview)On August 1, , the Bitcoin community was scheduled to initiate the network's first user-activated soft fork (UASF � Independence Day. A user-activated soft fork (UASF) is a specific kind of divergence in a bitcoin or cryptocurrency chain. The fork leads to a lack of. Bitcoin Independence Day, celebrated on August 1st, marks the day when the Bitcoin community came together to implement the User Activated.