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Author Topic: SegWit2x Version 2.0 - a Farce?  (Read 126 times)
Iron_Man007 (OP)
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December 31, 2017, 08:40:38 AM
 #1

If we are to believe what we are told - the Bitcoin Blockchain has forked once again after the revival of SegWit2x.

The fork, which was abandoned in November due to a lack of consensus among original signatories of the New York Agreement, proposed an increase in Bitcoin’s block size from 1mb to 2mb in an effort to improve its scalability.

Much like Coinbase’s surprise announcement of Bitcoin Cash support a week ago, SegWit2x’s revival popped up on the internet courtesy of a new website, headed up by a completely new team of developers from those that had worked on the original SegWit2x code.

The developers celebrated the launch of SegWit2x at block number 501451 on Dec. 28, although potential users will only have access to the new B2X coins on Jan. 15, 2018.


According to the website, B2X features will include a unique address format, a two and a half minute block generation rate while the mining complexity will be recalculated after each new block is generated.

Furthermore, the block size will be increased to four mb, as opposed to the original two mb proposition by the original SegWit2x developers. Replay protection is also being touted, which was a major shortcoming in the proposed fork a few months ago.

All of this sounds great - but it actually sounds too good to be true.
twobits
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December 31, 2017, 08:56:13 AM
 #2

If we are to believe what we are told - the Bitcoin Blockchain has forked once again after the revival of SegWit2x.

The fork, which was abandoned in November due to a lack of consensus among original signatories of the New York Agreement, proposed an increase in Bitcoin’s block size from 1mb to 2mb in an effort to improve its scalability.

Much like Coinbase’s surprise announcement of Bitcoin Cash support a week ago, SegWit2x’s revival popped up on the internet courtesy of a new website, headed up by a completely new team of developers from those that had worked on the original SegWit2x code.

The developers celebrated the launch of SegWit2x at block number 501451 on Dec. 28, although potential users will only have access to the new B2X coins on Jan. 15, 2018.


According to the website, B2X features will include a unique address format, a two and a half minute block generation rate while the mining complexity will be recalculated after each new block is generated.

Furthermore, the block size will be increased to four mb, as opposed to the original two mb proposition by the original SegWit2x developers. Replay protection is also being touted, which was a major shortcoming in the proposed fork a few months ago.

All of this sounds great - but it actually sounds too good to be true.
I know that you are copy and pasting from this article https://cointelegraph.com/news/segwit2x-version-20-a-farce and it may better to put the original source for that, for the second you are copying a little article from there which at the last page already discussed about this shit coin with six millions pre mined token for developer become the worst bitcoin fork ever.

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blok
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December 31, 2017, 09:39:08 AM
 #3

At some point we need to all agree that Bitcoin's forking hobby has gone just a bit too far.
kleinkrypto
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December 31, 2017, 10:10:03 AM
 #4

did anyone already received the free b2x coins on any exchange?
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