Topic: Segwit2X Cancelled - page 6. (Read 4233 times)

Is this for real? After all this drama they pulled out with just over a week to go?

I wonder what made them change their minds, and I wonder what the implications are

do you have any prove besides this mail?

they are still signaling it : https://coin.dance/blocks

SegWit2X has officially been cancelled. Mike Belsche, Erik Voorhees, Wences Cesares, etc all signed off on the NYA. This is not a surprise and many saw this coming as they did not have the proper code the whole time. They weren't even implementing replay protection, which is a very dangerous thing to do and basically makes SegWit2X a takeover attempt and that's what it was.

Is it cancelled or postponed?

they are still traded  at 100 dollar...people are speculating about a fake news.
is there any real prove that this is valid??? seems that there is just a posted mail...could be fake, mail could have been hacked etc.
I want a twitter message from anybody involved. pls help me.

SegWit2x dropped from $1400 to $180 within minutes https://coincodex.com/crypto/segwit2x/ lol, dunno why people still buy at this moment lol

Any speculations on the price? Price was climbing towards $7500 and suddenly dropped to $7000. So is it going to drop more or gonna increase to 8000k?

This is the sexiest news I/we had all been waiting for since the drama emerged for 2x. I believe they won't stop here and will come back in the future and you may call it "postponed" instead of "canceled", but this shows that Bitcoin wins the miners' hearts as well as investors' confidence and the index levels are enough to prove that. RIP S2X, let us begin our journey to 10k (but after a possible correction of 500 - 1500 USD down).

Segwit2X has been cancelled.

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

The Segwit2x effort began in May with a simple purpose:  to increase the
blocksize and improve Bitcoin scalability. At the time, the Bitcoin
community was in crisis after nearly 3 years of heavy debate, and consensus
for Segwit seemed like a distant mirage with only 30% support among miners.
Segwit2x found its first success in August, as it broke the deadlock and
quickly led to Segwit’s successful activation. Since that time, the team
shifted its efforts to phase two of the project - a 2MB blocksize increase.

Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize 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.

As fees rise on the blockchain, we believe it will eventually become
obvious that on-chain capacity increases are necessary. When that happens,
we hope the community will come together and find a solution, possibly with
a blocksize increase. Until then, we are suspending our plans for the
upcoming 2MB upgrade.

We want to thank everyone that contributed constructively to Segwit2x,
whether you were in favor or against. Your efforts are what makes Bitcoin
great. Bitcoin remains the greatest form of money mankind has ever seen,
and we remain dedicated to protecting and fostering its growth worldwide.


Mike Belshe, Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith and Erik
Voorhees

--


*Mike Belshe*
*CEO, BitGo, Inc*

Yep, just saw this after checking the price, it was $7700 at the moment i saw the article, and as I type this, its $7877. I'm not sure what's happening but i'm gonna wait a few more hours after the dust settles. I have SO many questions in my mind right now that i don't know where to start. All I can say is: this is going to be fun.