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The title is misleading. This is not an "upgrade", its a new altcoin that's being pushed forward without wide community consensus, just like BCash. Recommended

The title is misleading. This is not an "upgrade", its a new altcoin that's being pushed forward without wide community consensus, just like BCash. Recommended read: https://medium.com/@morcos/no2x-bad-governance-model-97b8e521e751 https://medium.com/@morcos/no2x-bad-governance-model-97b8e52...

dwaltrip 9y ago
This comment represents a rather slanted view on the entire situation. Large, significant portions of the ecosystem have very different interpretations than those represented by the Core developers and r/bitcoin moderators. I'm too tired to write out a summarized overview, but it isn't hard to find evidence of this (many other comments here give some indication).
- nadaviv 9y ago
  The lack of support among the technical bitcoin community is very glaring: https://en.bitcoin.it/wiki/Segwit_support#Developers https://en.bitcoin.it/wiki/Segwit_support#Developers And very few companies signed that New York agreement. Most of the prominent exchanges and businesses have not agreed to the 2x portion of segwit2x: http://nob2x.org/ http://nob2x.org/ Where is the large portion of the ecosystem that supports 2x? Where it 2x's community? r/btc had already moved on to Bcash. There's no one cheering for 2x, just an agreement that people signed in the hopes of getting segwit activated. Segwit is activated now, they're just still stuck with the agreement for now.
  - dwaltrip 9y ago
    My main reason for posting was your description of Bitcoin Cash and Segwit2x as "just another altcoin", which any sober analysis would find to be a large mischaracterization of the situation. These forks are a product of many years of intense, relentless debate on scaling, and as we have seen quite clearly today, have legitimate economic backing. The situation is fairly complex, and I'm not completely unbiased. I don't know exactly what is going to happen. But Bitcoin Cash is very clearly not some generic altcoin.

dwaltrip 9y ago

This comment represents a rather slanted view on the entire situation. Large, significant portions of the ecosystem have very different interpretations than those represented by the Core developers and r/bitcoin moderators. I'm too tired to write out a summarized overview, but it isn't hard to find evidence of this (many other comments here give some indication).

nadaviv 9y ago
The lack of support among the technical bitcoin community is very glaring: https://en.bitcoin.it/wiki/Segwit_support#Developers https://en.bitcoin.it/wiki/Segwit_support#Developers And very few companies signed that New York agreement. Most of the prominent exchanges and businesses have not agreed to the 2x portion of segwit2x: http://nob2x.org/ http://nob2x.org/ Where is the large portion of the ecosystem that supports 2x? Where it 2x's community? r/btc had already moved on to Bcash. There's no one cheering for 2x, just an agreement that people signed in the hopes of getting segwit activated. Segwit is activated now, they're just still stuck with the agreement for now.
- dwaltrip 9y ago
  My main reason for posting was your description of Bitcoin Cash and Segwit2x as "just another altcoin", which any sober analysis would find to be a large mischaracterization of the situation. These forks are a product of many years of intense, relentless debate on scaling, and as we have seen quite clearly today, have legitimate economic backing. The situation is fairly complex, and I'm not completely unbiased. I don't know exactly what is going to happen. But Bitcoin Cash is very clearly not some generic altcoin.