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Topic: South Korea Is Officially Against SegWit2X After Hard Fork Statements (Read 323 times)

full member
Activity: 267
Merit: 100
I like organizations coming out and making stances against forkcoins because you can tell who really understands the long term implications of Bitcoin. South Korea is smart it seems.
legendary
Activity: 4214
Merit: 4458
segwit is a failure. take for instance btcc, the biggest supporter of blockstreams segwit1x

they cant even bring themselves round to actually deposit their blockrewards into segwit keypairs.
yep they pretended to fully support the blockstream code for 2 years and scream that its safe, yet are not using it themselves

check them out
https://blockchain.info/blocks/BTCC%20Pool

even funnier ever since 2 days ago they even stopped doing blocks above the 1mb WEIGHT

as for the reasons the koreans dislike x2 here are some details they forget
1. its the blockstream devs that are making x2 controversial by implementing NON-consensus ban hammer code to force an altcoin rather than allowing a community consensus upgrade to succeed or fail
2. the ban hammer code blockstream devs put into core means that instead of consensus, an altcoin will be formed and as such replay protection is needed.. which blockstream devs should code into core, because core are causing the split.. not the other way round

but all this drama is just that.. drama.
the bscartel control bitcoin and pretend its decentralised when infact its just distributed (there is a difference)
pick bscartelx1 to ass kiss or bscartelx2 to ass kiss but ultimately your still kissing ass of the bscartel
http://dcg.co/portfolio/#b
x1: btcc, blockstream
x2: bitpay, bloq
all under the same puppetstrings. thus choice is the illusion presented by the cartel
hero member
Activity: 840
Merit: 502
The sad thing is that 98% of all bitcoin users don`t really care about  Segwit2x implementation and all the risks involved.They care only about one thing.Bitcoin price to increase.
A lot of people thought that Segwit is a solution for making transactions instant.
Now, i think that Segwit is just a way for some company to centralize and take control over bitcoin.
It is too early to say if segwit has failed at delivering what was promised besides we need the implementation of the lightning network to know if bitcoin transactions are going to become a lot faster, however if you have lost faith in segwit then you should go and support bitcoin cash, since it is the same bitcoin except that it has 8MB blocks and no segwit.
hero member
Activity: 2968
Merit: 913
The sad thing is that 98% of all bitcoin users don`t really care about  Segwit2x implementation and all the risks involved.They care only about one thing.Bitcoin price to increase.
A lot of people thought that Segwit is a solution for making transactions instant.
Now, i think that Segwit is just a way for some company to centralize and take control over bitcoin.
hero member
Activity: 938
Merit: 1000
yes we cann´t deny that the South Korean market have a big impact on the Btc market capital. The biggest Bitcoin community of South Korea as released an official statement making critics against, the other parties, that have supported de New York treatment of the saclibility of the Btc network, resulting on the SegWit2x hard fork. Not just the South korean community are against that, also the main Bitcoin Core Developers are "anti" SegWit2x.   
hero member
Activity: 840
Merit: 502
"The biggest Bitcoin community in South Korea has just voiced its opposition to the scheduled hard fork in November — formalized in the New York Agreement. This hard fork is intended for the implementation of SegWit2X, which has returned to the community spotlight as of late.

The group also gave a list of specific grievances that they had with the NY agreement:SegWit2X

- One, they believe the New York Agreement’s conception “goes against the very ethos of Bitcoin.”

- Two, they believe that the developers and supporters of the SegWit2X have been reckless in their support and implementation of the solution.

- The last grievance comes from an apparent lack of replay protection, an often cited, hot button issue regarding the SegWit2X."

https://www.bitsonline.com/south-korea-segwit2x/

Sometimes, I wonder how many of these forks are really necessary...
This is good news but I think most of the bitcoin user base is against the idea, there was some part of the community that backed bitcoin cash and bigger blocks since that is the way they understand bitcoin, however the hard fork of segwit2x has not a reason to be, they are just trying to fight for control over the network, after segwit we do not need a 2MB hard fork, they just seem to want to fork for fork’s sake.
naf
member
Activity: 83
Merit: 12
"The biggest Bitcoin community in South Korea has just voiced its opposition to the scheduled hard fork in November — formalized in the New York Agreement. This hard fork is intended for the implementation of SegWit2X, which has returned to the community spotlight as of late.

The group also gave a list of specific grievances that they had with the NY agreement:SegWit2X

- One, they believe the New York Agreement’s conception “goes against the very ethos of Bitcoin.”

- Two, they believe that the developers and supporters of the SegWit2X have been reckless in their support and implementation of the solution.

- The last grievance comes from an apparent lack of replay protection, an often cited, hot button issue regarding the SegWit2X."

https://www.bitsonline.com/south-korea-segwit2x/

Sometimes, I wonder how many of these forks are really necessary...
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