Coinify Statement On Segwit2x Hard Fork

17/11/2017  · The Segwit2x hard fork was called off and did not result in a chain split. Bitcoin Segwit2x (AKA NYA agreement) is a hard fork scheduled for block 494,784 to increase the Bitcoin block size from 1 MB to 2 MB. Currently 83% (as of block 493,413) of mined blocks are signalling support of the Segwit2x hard fork.

At Block 494784 (currently estimated to occur around November 16th), Bitcoin will undergo a hard fork with a potential change to the Bitcoin protocol, commonly known as “SegWit2X”. This change is controversial, and many bitcoin investors, users, merchants, exchanges, wallet providers, miners and developers have differing opinions as to whether or not Bitcoin should be changed in this way.

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4. The SegWit2x (also known as S2X/B2X) backward-incompatible hard fork is scheduled to occur around November 16. B2X will fork from the Bitcoin blockchain to produce an altcoin with 2-megabyte blocks and SegWit support. All Bitcoin balances held at fork time will be credited with an equal amount of B2X. See our article on the New York.

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The S2X hard fork is not intending to implement replay protection. This means that when you send a tx on the bitcoin chain, and the outputs also exist on the S2X chain (which will be the case for all outputs in the beginning), the tx will be ‘replayed’ on the S2X chain, meaning you will also spend your S2X tokens.

Bitcoin Segwit2x Hard Fork! How to Quickly Claim your Bitcoin2x and Profit From it!The technical team behind the bitcoin scaling proposal Segwit2x is doubling down on its controversial plan to introduce code that would seek to hard fork the network in three months time. Now.

25/10/2017  · Segwit2X Statement and Concerns. By +liongrass on 25 October, 2017. Concerns around the SegWit2x Hardfork SegWit2x Overview. Anyone can create a chain fork of Bitcoin at any time. The SegWit2x hardfork (B2X) is structured in such a way that we consider it potentially dangerous, therefore we feel compelled to clarify our position. SegWit2x (B2X) is a proposal to double Bitcoin’s transaction.