Bitcoin 3rd Fork Segwit2x Delayed

The Supporters of Bitcoin’s 3rd fork (Segwit2x) Delays or Cancel plans for the fork which has going to be held on 13 November 2017. The Fork was meant to increase the block size to 2 Gigabytes which could have helped for the scalability of Bitcoins
The suspension was announced today in an email written by Mike Belshe, CEO and co-founder of bitcoin wallet software provider BitGo. One of the leaders of the Segwit2x project, he argued that the scaling proposal is too controversial to move forward.

“Unfortunately, it is clear that we have not built sufficient consensus for a clean block size 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.”

Alot of people also feared that the Bitcoin fork could split the community into two parts. In Simple Words It can be said that they delayed the fork to keep the community strong.

3 thoughts on “Bitcoin 3rd Fork Segwit2x Delayed

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