SegWit2x is dead, but should a handful of Bitcoin Participants dictate this deal


Bitcoin price hit a record high and closed at $7800 above following the news that SegWit2x will not hold and hard fork has been suspend indefinitely.

The news was passed across in a circular by Mike Belshe and read as thus “Our goal has always been a smooth upgrade for Bitcoin. Although we strongly believe in the need for a larger blocksize, there is something we believe is even more important: keeping the community together. Unfortunately, it is clear that we have not built sufficient consensus for a clean blocksize upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of SegWit2x.”


But this seems to be a selected few who determines what becomes of the Cryptocurrency, it’s been said Blockchain can only be powered by the people but proves suggest that this is not the case,

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