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RE: SegWit2x Protocol for Bitcoin - July 31 August 01 - What do I need to know?
Hi Abou the cons of all this is the possible breakage of Bitcoin.
The break of the Bitcoin in two or more cryptones is a hypothesis that in the first test of the testnet for Bitcoin, has proven to be a reality and is that from block 27070, there were problems in the mining and the coin was finished starting in two. If this happens, the BTCA (to call it somehow), would be Bitcoin itself, with a significant loss of value, being able to fall to 600 $, while the BTCB, a byproduct, could have between 1-10% of the Value of BTCA. This situation, if it happened, would cause Ethereum to be the strongest criptomoneda in the market, peeling off at $ 2,000 in a matter of hours, followed by Zcash, who could shoot at $ 1000, quietly.
Alright thanks ! The danger is the potential instability which might produce this Hard fork. I read that it could be because the segwit development team is working for company so isn't independent. What do you think ?