Segwit2x....what the hell does this mean?

wilhb81

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Any store can buy, sell, and accept Crypto

Quote from: Kloug on December 28, 2017, 02:03:24 AM

Is B2X the reason the BTC just dipped everywhere but on Yobit?
I thought no one cared anymore.

It could be the one of the reasons, but not totally. Since now, Bitcoin still in "holidays" mode. Once he's done with the vacation - it will back in business again. You just need to keep hodling it

Agetan

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Quote from: JTPhotography on December 27, 2017, 09:46:19 PM

I’m a noob, but I have some BTC on a hardware wallet. I understand that after the fork, Ledger will be giving me some b2x.

But what does this mean (from the b2x website):

“I promise that all BTC holders will receive not only B2X in the ratio of 1 to 1, but also a proportional number of Satoshi Nakamoto`s Bitcoins as a reward for their commitment to progress.”

Jaap Terlouw, Founder of the project

Well, if you are bitcoin holder then you should happy to get those free coin.
I am bolder but less than 1 bitcoin. So segwit2x is not very important for me.

Turkish88

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For last month i seen many many different forks but all named segwit2x.
I know what is not original segwit2x team fork. Speculative developers using name of segwit2xб and i think its not good

Herbert2020

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Quote from: JTPhotography on December 27, 2017, 09:46:19 PM

But what does this mean (from the b2x website):

“I promise that all BTC holders will receive not only B2X in the ratio of 1 to 1, but also a proportional number of Satoshi Nakamoto`s Bitcoins as a reward for their commitment to progress.”

when you create a fork of bitcoin, you can change literary anything that you like to change! for example you can change how bitcoin mining works by changing the algorithm. you can change the 21 million limit, the block time and size, and lots and lots more.
what they are doing is that they will invalidate some transactions and create equivalent amount in their token. they are also adding a 6 million premine b2x which nobody talks about!

but remember than any change will only work on that particular fork and will have nothing to do with bitcoin.

Kloug

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Is B2X the reason the BTC just dipped everywhere but on Yobit?
I thought no one cared anymore.

Tuare aget

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Activity: 210

Merit: 10

Quote from: mk4 on December 27, 2017, 10:01:26 PM

Quote from: Freebieindia on December 27, 2017, 09:54:00 PM

i dont think you will get free B2X on your hard wallet, you have to keep your BTC on exchanges which are supporting B2X like Yobit.

No you don't. Whatever wallet you're using, you just need to import your bitcoin's private keys to a legitimate Segwit2x wallet to have access to your forked coins.

Also, Ledger will provide access to the forked coins if the code base is available as they said.
Source: https://www.reddit.com/r/ledgerwallet/comments/7lnaz5/segwit2x_fork/

Yes this is right. Everybody will have their free coin after fork also for ledger wallet holder.
May i know what is satoshi nakamoto bitcoin?

tiger2monkey

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SegWit2x is back and activated. The idea to distribute Satoshi Nakamoto's B2X coins proportionally to other holders seems to be controversial - is it fair to Satoshi? It probably does not matter to Satoshi as he/she has enough bitcoins already if he/she ever wants to spend them.

mk4

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📟 t3rminal.xyz

Quote from: Freebieindia on December 27, 2017, 09:54:00 PM

i dont think you will get free B2X on your hard wallet, you have to keep your BTC on exchanges which are supporting B2X like Yobit.

No you don't. Whatever wallet you're using, you just need to import your bitcoin's private keys to a legitimate Segwit2x wallet to have access to your forked coins.

Also, Ledger will provide access to the forked coins if the code base is available as they said.
Source: https://www.reddit.com/r/ledgerwallet/comments/7lnaz5/segwit2x_fork/

Freebieindia

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i dont think you will get free B2X on your hard wallet, you have to keep your BTC on exchanges which are supporting B2X like Yobit.

mk4

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📟 t3rminal.xyz

The new Segwit2x team's plan is to take out Satoshi Nakamoto's bitcoins and spread it out to bitcoin holders probably by percentage depending on how much bitcoin is in each's wallet. So yes, you will end up having more Segwit2x coins than your bitcoin(BTC).

JTPhotography

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I’m a noob, but I have some BTC on a hardware wallet. I understand that after the fork, Ledger will be giving me some b2x.

But what does this mean (from the b2x website):

“I promise that all BTC holders will receive not only B2X in the ratio of 1 to 1, but also a proportional number of Satoshi Nakamoto`s Bitcoins as a reward for their commitment to progress.”

Jaap Terlouw, Founder of the project

Topic: Segwit2x....what the hell does this mean? (Read 173 times)