Post
Topic
Board Bitcoin Discussion
Re: Segwit2x is dead, long live Bitcoin
by
xbl1008
on 09/11/2017, 03:08:56 UTC
Just another failed attack on anti-fragile Bitcoin, furthering it's resilience and robustness.

Segwit2x is dead, long live Bitcoin!

I do not know why everyone is saying is dead, they said the cancelled the hardfork, does that mean is dead.  According to what I had been reading and what they have said is they cancelled due to a consensus in the bitcoin community.  Also we do not know if this was a manipulation event as well, there are alot of factors and I think people looking at this one sided is quite funny.  At least now we know that bitcoin will be able to get upgraded to the lighting network much sooner thanks to segwit.
Segwit2x team says,
"While this fork won’t happen, SegWit is here to stay. So let’s see if companies and developers are going to take advantage of SegWit in the coming months."

Proposals for on-chain scaling aren't dead per say, just this one. A block size increase is after all still on the roadmap for if and when it gains widespread consensus. I like Pieter Wuille's Bip 103 (https://github.com/bitcoin/bips/blob/master/bip-0103.mediawiki)  of the 5 remaining open drafts.   

Thing is, until Segwit is fully utilized and https://bitcoincore.org/en/2017/03/23/schnorr-signature-aggregation/  along with LN are implemented, a hard fork isn't likely to gain the widespread consensus needed.

SegWit proposal did helped surge BTC over last 2 months.

Some news now is spreading that Segwit 2x will continue.. continue or not i'm eyeing on major miners who have influence in this matter try following them in twitter and be updated in their sentiments i did earn on alts before they pump but i short it fast after i hit the target because their something fishy in this news for my opinion only...