SegWit2X Fiasco Sends Warnings Two Years Down the Line

In 2017, (BTC) saw a scaling debate that generated two significant events – the fork of (BCH), and the attempt to pass the SegWit2X update. The biggest fear of contentious forking now affects (ETH), where miners have significant influence and may continue supporting a chain without the developers’ approval.

https://twitter.com/miiyuwa/status/1195898499130372097

On November 17, 2019, the mining of the SegWit2x blocks failed immediately. Supporting miners started the new chain at the wrong block, leading to an immediate standstill. The markets never saw the hashing war that was predicted, and the speculation on SegWit2X futures stopped.

Soon…

This article appeared first on Cryptovest

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