Tag: NO2X

Death of SegWit2X HardFork

The Crypto Community Reacts to Death of SegWit2X HardFork

Over the past few years, Bitcoin has been embroiled in a number of disagreements regarding scalability and transaction cost issues, with stakeholders struggling to reach a general consensus on the most viable solutions. This resulted in the New York Agreement,...

/ November 10, 2017
F2Pool Pulls out NYA

F2Pool Bitcoin Mining Pool pulls Support for SegWit2X

Yet another mining pool has decided to pull support for the SegWit2X hardfork in November. This is quite significant as a hardfork can only be acheived if there is near unanimous miner support. This is also probably why there has...

/ October 13, 2017
SegWit2X 95% Miner Support

Miner Support for SegWit2X Slowly approaches 95%

With the SegWit2X fork around the corner, many people in the Bitcoin community are keeping a close eye on the current level of miner support as guidance. At 93.9%, this is precariously close to the 95% threshold that is required...

/ October 7, 2017
Bitcoin Hardfork November

Quick check in on Proposed November Bitcoin Hard Fork

Bitcoin’s runaway success (and doubtless its runaway price) has surprised even those who first developed it. With the 1MB limit on each individual segment in the Bitcoin blockchain close to being reached, SegWit (Segregated Witness) was deployed to speed up...

/ October 5, 2017
Charlie Lee Opposes SegWit2X

Charlie Lee Comes out Publically against SegWit2x

An important voice in the Cryptocurrecy community has now come out against the SegWit2x proposal for Bitcoin scaling. Charlie Lee, the creator of Litecoin and a former executive at Coinbase formally came out to express his opposition to it. He...

/ September 29, 2017