What You Need To Know About The 2x Hard Fork (aka 2mb

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The Bitcoin Group #162 - Will the Deceptive Segwit2X Attack Succeed?The bigger and more contentious issue of a 2MB hard fork is the one that still needs to be settled. A contentious hard fork would probably be a very chaotic and drawn out mess that would have a very negative impact on Bitcoin’s stability and reputation.

The fact that r/btc is pushing segwit2x tells you everything you need to know about segwit2x. aka, segwit2x is bad for bitcoin.

consensus is critical for a successful hard fork. We need time to study the effects of segwit’s block size increase on node/miner centralization.

So if anything it serves as a demonstration of what a shitshow.

Hard fork happens mainly due to the expansion of core rules like a change in block size, where the newer version allows the block size to be 2MB instead of the original 1 MB. Additionally, changes in proof-work function can contribute to new a hard fork.

28/10/2017  · The Segwit2x (B2X) hard fork is a technical compromise stemming from an agreement reached in May 2017 between a large number of Bitcoin miners and businesses, known as the New York Agreement. Segwit2x is intended to increase the size of each individual block on the Bitcoin blockchain from 1MB to 2MB.

11/10/2017  · The SegWit2x is a hard fork implementation that leverages on SegWit for changing the block size permanently, and the plan is to implement in the November 2017. Which is also known as Bitcoin improvement proposal (BIP) 148. Each block would have 2MB transaction capacity. And 8MB total block size including the signatures.

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21/07/2017 · Segwit2x: What you need to know about the 2x Hard Fork (aka 2MB non-Segwit Transaction Capacity per.

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Segwit2x: What you need to know about the 2x Hard Fork (aka 2MB non-Segwit Transaction Capacity per block/8MB Total Block Size Hard Fork) Security. Close. 2. Posted by. u/Antranik. Bronze | QC: CC 25, TraderSubs 51. 2 years ago. Archived.

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