Notably, F2Pool, one of the member companies behind
the NYA Agreement and the SegWit2x proposal, is not signalling for SegWit2x anymore.
Several businesses have pulled out from the SegWit2x
NYA agreement and the plan of the Digital Currency Group - led consortium of companies to carry out a hard fork in November.
Not exact matches
Due to the New York
Agreement (
NYA) miners are already announcing their support for the SegWit2x upgrade scheduled for November.
While we do believe the New York
Agreement (
NYA) and Segwit2x proponents have the best of intentions in attempting to improve Bitcoin's protocol and have contributed so much to the development of the Bitcoin industry as a whole, we do not agree with the process by which they chose to enforce these changes.
As New York
Agreement (
NYA) heads confirmed SegWit2x was canceled, CEOs opposed to the hard fork hailed the start
As New York
Agreement (
NYA) heads confirmed SegWit2x was canceled, CEOs opposed to the hard fork hailed the start of a more constructive period for Bitcoin.
The statement was co-signed by leading businesses within the bitcoin industry which participated in the original
NYA or SegWit2x
agreement, which included ShapeShift CEO Erik Voorhees, Blockchain CEO Peter Smith, Xapo CEO Wences Casares, and SegWit2x lead developer Jeff Garzik.
Come November, the remaining signatories of the «New York
Agreement» (
NYA) plan to deploy the «SegWit2X» hard fork to double Bitcoin's block weight limit, allowing for up to 8 megabytes of block space.
The scaling debate ended with the signing of a famous document called the New York
Agreement (
NYA), which made provision for a first SegWit solution and then a following SegWit2X solution.
While most miners who signed the
agreement write the phrase «
NYA» into the blocks they produce, doing so isn't binding.
A few weeks later, a significant group of Bitcoin companies wants to hard fork according to the SegWit2x plan as defined in the «New York
Agreement» (
NYA), which will probably result in yet another new coin.
«We are committed to the New York
Agreement (
NYA), and will proceed with the bitcoin network upgrade in mid-November,» emphasizes the CEO of BTCC.
In spite of the discussions and debates about Bitcoin scaling which had been happening for two years prior to
NYA, SegWit2x was given only 3 months from the moment the
agreement had been reached.
The highly contentious hardfork, which was considered an upgrade to Bitcoin, would have increased the base block size to 2 MB and was the second part of the New York
Agreement (
NYA) scaling plan.
At the moment there is a lot of support showing for BIP91 with intentions to activate Segregated Witness (Segwit) as part of the «New York
Agreement» (
NYA) roadmap.