Another Bitcoin Hard Fork Slated for Thursday

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Published on:
Dec/26/2017

The SegWit2x Bitcoin (BTC) hard fork will go ahead as planned Thursday December 28 (at block 501451), following an initial delay. 


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News that proponents of a controversial “hard fork” had suspended their plans back on November 8 sent the price of Bitcoin skyrocketing. 

From Fortune:

The project’s Founder and Lead Developer, Jaap Terlouw, stated on their site that the fork aims to address issues of “commission and transaction speed within the Bitcoin network,” adding that currently, Bitcoin is “almost impossible to use as a means of payment.”

Confirmation that the hard fork will, in fact, take place is indicated both in the roadmap on the project’s site, as well as in a direct quote from Terlouw:

Eight exchanges are listed as official supporters of the fork.

Bitcoin Cash, which came out of the first hard fork back in August, has seen substantial growth since that time and was recently adapted to the CoinBase.com exchange.

The latest incarnation of SegWit2x has so far received comparatively little publicity, Fortune noted.

- Aaron Goldstein, Gambling911.com

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