Some Crazy Bastard Wants to Fork Bitcoin Anyway The latest twist in Bitcoin’s scaling drama is a big one.
From Vice
When a planned split of the Bitcoin network—theoretically, to speed up transactions—was unceremoniously postponed on Wednesday, one thought went through my mind: Someone crazy enough is still going to try and do it.Read more:See, I’ve been writing about Bitcoin for a few years now. And if there’s one thing I’ve learned, it’s that if you tell Bitcoiners they can’t do something, you’ve virtually guaranteed that it’s going to happen anyway.
The planned “hard fork,” as such splits are known, is called Segwit2x and it’s the brainchild of a handful of high-profile Bitcoin developers and businesses. Together, they believed, they could get the rest of the community to fall in line in order to smoothly implement a code change on a new version of Bitcoin. But the Bitcoiners rebelled, branding Segwit2x a “corporate takeover” of Bitcoin’s open-source code. On Wednesday, just one week before the planned launch on or around November 16, the fork was postponed indefinitely due to lack of community agreement.
The next day, Thursday, a person or group going by “BitPico” posted a message to the Segwit2x mailing list (where the people involved with the fork discuss related issues), stating that they will go ahead with the fork, even if they have to do it alone. In their message, they claimed to control a third of Bitcoin’s total computer power as miners—companies that run server farms contributing to the Bitcoin network in exchange for a reward.
Will BitPico become the Leroy Jenkins of bitcoin?
Leave your thoughts in the comments below.
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Thank you for sharing this :)
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Then us hardcore Bitcoiners can just let them do it and continue supporting our community. Great article