Breaking

Thursday, November 9, 2017

BREAKING: Is Bitcoin Segwit2x BACK ON? Rebel miners go rogue and push forward...


News is breaking late tonight following an e-mail sent out to the Segwit2x e-mail list.

A developer going by "bitpico" says the fork is still on, backed with a 30% hash rate.  The e-mail reads as follows:

We are carrying out the fork regardless as everything is set in motion. Backing down the difficulty right now is a strategy. Wonder why 30% network hash-rate disappeared?  It’s ours; the miners that will continue what is set in motion... A handful of humans cannot stop what they have no control over...- Sent from my Space Ship
The e-mail that went out late Wednesday night.
We found a user who appears to be the same person on the forums at BitcoinTalk.org, posting similar messages:

Majority miners never claimed to have backed out of SegWit2x. It is not cancelled nor can it be...
and...
A handful of people cannot "call off" a hard fork. The miners decide...

Still unclear how legitimate his claims are.  If this is one disappointed Segwit2x fan, or someone really speaking for a large pool of miners.

Also surprising - Segwit2x futures are also slowly rising late tonight to $350 after reaching a low of $146 earlier today.

Most importantly though - the concerns around Segwit2x was it's bold goal to replace Bitcoin, that issue is closed for now, and needless to say even if these miners statements are true - at best with this 'no consensus needed' attitude they're just creating an altcoin.

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Author: Ross Davis
San Francisco News Desk