SegWit2x Bitcoin HardforksteemCreated with Sketch.

in #bitcoin • 7 years ago (edited)

In mid-November, Bitcoin's controversial SegWit2x Hardfork was canceled due to a lack of consensus in the Bitcoin core community. About a month ago, the majority opposed the increase in block size to 4 megabytes. Now the Hard Fork is supposed to take place, on 28.12.2017 at block 501.451. However, tomorrow there will definitely be a split from core bitcoin.

According to the official website of the new SegWit2x Bitcoin project, the Hard Fork will take place on December 28th. The founder and main developer of the project, Jaap Terlouw explains on the website that Bitcoin Core is currently no longer suitable as a means of payment and therefore due to the enormous transaction costs and slow transaction speed

Satoshi Nakamoto's original idea of ​​Bitcoin is at risk.

The SegWit2x Bitcoin, short B2X is intended to realize Satoshi's idea and is therefore referred to by the developers as Satoshi Nakamoto's Bitcoin. In the first step, the block size is increased to 4 MB.

For BTC investors, one of the main incentives of the new Bitcoin versions will be the distribution of free money. To what extent the SegWit2x Bitcoin - B2X - will become a serious competitor of Bitcoin or just another of many demervers of Bitcoin-Core, remains to be seen.

The Goldrush is going on!

Cheers, @raykroc

#ethereum #cryptocurrency #blockchain
7 years ago in #bitcoin by
$0.04
  • Past Payouts $0.04, 0.00 TRX
  • - Author $0.04, 0.00 TRX
  • - Curators $0.00, 0.00 TRX
3 votes
Reply 1
Sort:  
  • Trending
    • [-]
     7 years ago 

    We agree the Segwit2x thing is a difficult fork, and lots of questions about Satoshi's intentions need to be answered, specifically around the "difficulty adjustment". But on the way to researching this problem, we posted some material on "Who is Satoshi?" we think you might enjoy...

    https://steemit.com/bitcoin/@harpooninvestor/did-nick-szabo-solve-nick-szabo-s-biggest-bit-gold-problem

    $0.00
      Reply