Segwit2x Explained
The Upcoming Hardfork "Segwit2x" will split Bitcoin into two coins. Unlike previous forks, this fork is highly contentious, and both of the new coins want to be called "Bitcoin". In this video I'll explain the why we have Segwit 2x and the deeper argument
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Will the real Bitcoin please stand up :) lol
BCH!
Funny there :))
Thanks. Great chart showing the relationship between BTC ant BCH mining. That was very interesting. Is possible to the a site where this information is available? Very helpful!!!!!
I will be happy when its over...but i bet there will be another one right after..its getting a little insane!
Dont miss this one, its now or never.
https://steemit.com/goldreward/@keronzi9/goldreward-pre-sale-ended-its-now-or-never
Just gotta get to December
Ha its about as clear as mud....... But I did get a lot out of that video and I thank you for that......I'm sure we will all be scratching our heads in a couple weeks wondering which end is up.....
This was much detailed and necessary information. Anyone hodling BTG ?
I don't think BTG really exists right now. It does not seem to have a market cap...
The team behind the fork is supposedly mining BTG until November 1st, after that they would release the tokens, it's around $100 now, it might be downer when that happens.
And then will the rest of the people be able to mine BTG? I mean, wasn't this the purpose of the hard fork?
I think bitcoin core will not work for corporates.
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Segwit alone is not a solution. Segwit + Lightning isn't even a solution on their own. Larger blocks will be required, may as well increase them now since the network is already strained, high fees demonstrate that very clearly. What's extremely unsettling is that hardly anyone manages to understand these requirements.
Another thing I don't understand is why Core doesn't handle the hard fork. Most of the whining about Segwit2x is about control over the network; why doesn't Core maintain control WHILE expanding the block size, which is absolutely in the best interest of the network. The ridiculous aspect of all this is that a 1 to 2 MB block size change won't even alleviate Bitcoin's problems, it's too little too late. Core should be putting out a block size increase from 1 MB to 8 MB, Segwit2x wouldn't even need to happen and Bitcoin Cash would be rendered completely pointless. Keep in mind: anything even CLOSE to mainstream adoption would require 100MB blocks or larger, on top of Lightning. Shrieking about a 1 to 2 MB change shows an extreme ignorance about future requirements. The bottom line is that Bitcoin will either not be as decentralized as hyperventilating purists want it to be, or it will fade into irrelevance as it continues to be a piss-poor payment network nobody can actually use on a day-to-day basis.