Bitcoin Scaling Proposal Segwit2x Moves Ahead With Initial Code Release
The working group behind the Segwit2x bitcoin scaling proposal has announced that the first version of its code is now ready for review and testing.
As such, the release provides the market with a first look at the technology underlying one of the most broadly supported bids to enhance the network. Announced in May as an "agreement" that united miners and startups, Segwit2x is an alternative technology roadmap to one proposed by Bitcoin Core, the network's open-source developer group.
It has since emerged as a frequent subject of praise, criticism and discussion.
However, in what could be a promising sign, Segwit2x could become a moderate option that helps to avoid a contentious network split, and it looks like it could end up being somewhat compatible with an alternative proposal, the user-activated soft fork (UASF) BIP 148, which, as coded, will activate on 1st August.
http://www.coindesk.com/first-look-bitcoin-scaling-proposal-segwit2x-gets-alpha-release/
