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segwit-2x

Return Match: Bitcoin’s SegWit2X Set to Fork on December ‎‎28

BTC holders will get B2X in ‎the ratio of 1 to 1, and numerous Satoshi ‎Nakamoto`s bitcoins. ‎

 

Supporters of Bitcoin’s controversial SegWit2X hard fork have just announced that the split will soon be revived, based on a record published today on the project’s website.

Bitcoin Segwit2x (AKA NYA agreement) demands a certain change in the guidelines of the Bitcoin blockchain which is  now scheduled for block 501451, that will be produced on 28 December 2017 (approximately).

As previously mentioned on b2x-segwit.io, influential developers of the SegWit2X hard fork have shifted their efforts to phase two of the project after achieving several milestones. The advancements include raising the block size around 4 MB and the production rate of the block to 2.5 minutes. The team has additionally developed an original address format and implemented the big event of recalculation of complexity after every block, in addition to introducing the X11 encryption algorithm.

Based on Jaap Terlouw, founder of the project: “The Commission and the speed of transactions within Bitcoin network has reached incredible values. Last month, the common Commission of the network is 15-20 US dollars, and the rate of confirmation may be around several days. Bitcoin is just impossible to make use of as a method of payment.”

Interestingly, the project CEO promised that most BTC holders will receive not merely B2X in the ratio of 1 to 1, but additionally a proportional quantity of Bitcoin founder Satoshi Nakamoto`s coins as an incentive because of their commitment to progress.

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