What happened to Bitcoin Segwit2x? Programmer explains.

in #bitcoin7 years ago

Bitcoin Segwit2x hard fork was cancelled and today I want to talk to you about my opinions on the whole situation and how we as a Bitcoin community will move forward. What do you think about the future of our community?

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I view it more as a delay than a cancellation. Not unusual in the tech world.

For someone like me with relatively little knowledge of all the hard forks, to me this causes uncertainty in a very uncertain product. To me this should cause a broad based sell off of the currencies until the situation is clarified. How can you just one day flip from Bitcoin to bitcoin cash, to me it is so bad as much as I believe in crypto.

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Since I wrote it it's another 15% up.

informative video ;)

Thanks for the summary. I think that there is something missing. Projects like this don't just get canceled at the last minute. The explanation in the letter indicates suspended. There is no reference to canceled. I almost feel as if they stumbled upon something better and will surprise us in the upcoming weeks. Battles don't end this easy.

I am glad that Bitcoin did not forked again. Better to unite and solve problems.

Great post

Another great video!

Great explanation. Keep it up!

Good to get some clarity on this thanks!

Agreed not to do Segwit2x hard fork. Well, cool!