TagSegwit2x

Bitcoin.org Redesign Goes Live, Removes References to Pro-SegWit2x Companies

Bitcoin.org launched a new website design on and has removed references and links to certain partners, including BitPay, Coinbase, and Blockchain.   The removal of the companies occurred most on the resources pages, namely the exchanges page. The argument for removing these large players, who have helped with increasing adoption for new users, is that they act against decentralized...

Bitcoin SegWit Transactions Now Hitting All-Time Highs

Bitcoin price

As a result of the latest Bitcoin Core 0.16 update, the usage levels of Bitcoin SegWit have been taking off. This significant uptick in usage levels can also be attributed to a number of major exchanges and wallet providers such as Coinbase and Bittrex finally implementing this technology into their platforms. This uptick means that there could be a significant decrease in global bitcoin...

As Bitcoin Hard Forks Go, ‘SegWit2x’ Launches With Little Support

Ethereum Classic fork

The "SegWit2x" hard fork activated on Thursday at Bitcoin block 501451, but so far it has struggled to gain support from both users and cryptocurrency services. 'SegWit2x' Hard Fork Activates Leading up to the fork, SegWit2x (B2X) futures surged in value, peaking above $1,200 on Dec. 27. This was likely because, due to the naming of the fork, many people mistakenly believed that it was a relaunch...

Segwit2x a Scam?  Community Members Cry Foul

warning

Over the past week or so, CCN has dedicated a number of articles to the alleged revival of Segwit2x. The proposed fork is slated for block 501451, approximately December 28th.  Inspired by the aborted November Segwit2x fork, this revamped version is the product of an entirely new team. And crypto community members are not convinced.  Many have either asked the question “Is this B2x a scam?” or...

Bitcoin Hard Forks: This is Not the SegWit2x You Are Looking For

Bitcoin fork reject Segwit2x

In a stunning reversal, the SegWit2x hard fork has been revived from the ash heap and is scheduled to activate on Dec. 28 -- or so a group of developers would have us believe. 'SegWit2x' Rises From the Ash Heap As CCN reported, SegWit2x would have raised the bitcoin blocksize to 2MB, easing network congestion and helping the network scale. However, despite backing from industry heavyweights...

Better Late than Never? Bitcoin Segwit2x Scheduled for December 28th

Segwit2x Bitcoin hard fork

Last week, the Segwit 2x team indicated in a CCN press release that they were planning to move forward with their proposed hard fork in the coming weeks.  Now, Segwit 2x lead developer Jaap Terlouw has confirmed on the project’s website that the team will finally execute the fork on December 28th. Originally scheduled for November, the development team cancelled the fork amidst controversy and...

Setbacks And Naysayers Begone! Bitcoin Breaks $8,000 On Investor Confidence

Bitcoin price

Bitcoin broke through the $8,000 price mark this morning, reaching an all-time high of $8,100, thumbing its nose at the growing chorus of doomsayers reacting to the financial industry’s rising interest in the cryptocurrency. The price in the afternoon had dipped below the $8,000 mark, but the past week’s trend has been positive. Shortly after noon, bitcoin’s price stood at $8,067.09 according to...

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