Regardless of what they are trying to do with increased block size and transactions, could it mean we will have 4 coins?
BTC
Bitcoin cash
BTC SegWit
BTC SegWit2x
So one main BTC coin and 3 Alt coin?
More likely it will be 3 coins.
First there was:
Then at the beginning of August Bitcoin split into 2 coins:
- Bitcoin (which added support for the SegWit functionality and kept the limit on block size at 1 megabyte)
- Bitcoin Cash (which increased the limit on block size to 8 megabytes, and did not add SegWit functionality)
Then in November, it is expected that Bitcoin (not Bitcoin Cash) will split into two coins that both want to call themselves "Bitcoin":
- Bitcoin (keeping SegWit functionality and keeping the limit on block size at 1 megabyte)
- Bitcoin (keeping SegWit functionality and increasing the limit on block sizes to 2 megabytes)
Since Bitcoin Cash will continue to exist at that time, there will be 3 coins:
- Bitcoin (keeping SegWit functionality and keeping the limit on block size at 1 megabyte)
- Bitcoin (keeping SegWit functionality and increasing the limit on block sizes to 2 megabytes)
- Bitcoin Cash (which increased the limit on block size to 8 megabytes, and did not add SegWit functionality)
It may become confusing which "Bitcoin" a merchant or exchange is accepting.
Some may call the one with the 2 megabyte block size limit "2X", others may call the one with the 1 megabyte block size limit "SegWit". It will be interesting to see how the market comes to an agreement on what names to use for the 2 variants.