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.”

not

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,

Speak Your Mind

*