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Segwit2x, the hard fork that cried wolf




                  Segwit2x, the hard fork that cried wolf 


The hard fork segwit2x was canceled, but why? The original (nya) new york agreement was designed to increase the block size from 1mb to 2mb, which in theory would speed up transactions and help lower fees. With this general idea, it was supported by large mining pools and even the bitcoin space. One of the leaders announced that "unfortunately, it is clear that we have nit built sufficient consensus for a clear blockchain size upgrade." This is a huge switch in decision making since the whole fork was only decided by a group of 58 groups mostly the large exchanges and mining pools. This may mean bitcoin isn't turning down the road of being a centralized currency as it's whole origin tried to distance its self from but stay a secular Cryptocurrency.




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