Bitcoin SegWit2x was
a proposed forked that was later cancelled due to the lack of support from the Bitcoin community.
Many of them consider
the proposed fork as a corporate takeover of bitcoin, and say there are other solutions to accommodate bigger blocks.
Analysts uncovered many red flags associated with BTG, including the fact that
the proposed fork wasn't publicized initially.
SegWit2X is
a proposed fork of Bitcoin, to upgrade the blocksize to 2 MB according to the New York Agreement.
The proposed fork would have created a new version of Bitcoin, known tentatively as Bitcoin 2x after the upgrade plan behind it, Segwit2x.
From August 1 at 00:01 UTC to August 2 00:01, the day of
the proposed fork, itBit will be undergoing the following safety precautions:
From August 1 at 00:01 UTC to August 2 00:01, the day of
the proposed fork, we will be undergoing the following safety precautions:
Replay protection is also being touted, which was a major shortcoming in
the proposed fork a few months ago.
Bitcoin SegWit2x was
a proposed forked that was later cancelled due to the lack of support from the Bitcoin community.
Despite the existence of the ASIC ETH miner, Vitalik Buterin has opposed Mr. Merriam's
proposed fork, stating «Getting everybody to upgrade is likely to be fairly chaotic and detract from more important things.
The history lesson needed to remedy the entire situation farcical is that of
the proposed fork by the Bitcoin community in November.
At this point, it seems like
the proposed fork has run out of leg room — and the necessary support from the community.