Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
On December 28th, one of the main hard forks took place in Bitcoin history, Segwit2X, which revealed acute problems in the work of crypto-exchanges, wallets, and decentralization in general. Why ordinary users are left with less and less choice and how to solve this problem?
Recall that after the announcement of the Segwit2X project, the price of B2X futures increased 3-fold, and the day before the fork, the price for them rose by another 75%. Right after the start, the most powerful support for Segwit2X was provided by the miners. The aggregate capacity of friendly mining pools accounted for more than 300 Th/s. All these facts point to the importance of BITCOIN Segwit2X for the crypto-community!
This unanimous support for ordinary users is due to the technologies that B2X offers. It is able to get rid of high commissions for transactions and low speed of the Bitcoin network itself. Furthermore, Bitcoin is no longer decentralized, since the main production capacities are concentrated in the hands of several pools.
And how it feels to live in a world without freedom of choice, where everything is predetermined in advance? Everyone agrees, that such state of events is terrible. And itâs terrible that the crypto-world with its idea of decentralization and independence from official structures is becoming more centralized. Some cryptocurrency exchanges and electronic wallets try to impose their ideology on users, deciding whether to list a coin or not, as well as whether to accrue B2X to their users! At the same time, this ideology is dictated by nothing other than the number of zeros. Thus, companies deprive their clients of the right to choose and monopolize the market. And this will never have good consequences in the long run.
Understanding that they became the hostages of the situation, users initiated the creation of a petition at Change.org to support the fork of BITCOIN Segwit2X, which was already signed by more than 50 thousand people. And one of the users even left a meaningful comment: âThe entire decentralized community needs Segwit2X. If we do not decide to be a fork or not, then there is no decentralized communityâ. Their support was especially valuable to the project team, which from the very first day faced unprecedented pressure and threats on their way since someone thought that BITCOIN Segwit2X has an impact on the Bitcoin rate.
Despite all these obstacles, the fork of BITCOIN â Segwit2X was successfully launched, thereby proving that the freedom of choice in the modern crypto-market is more urgent than ever!
More information about the project can be found on the official website and in social networks:
Contact Email Addresspr@b2x-segwit.io
Supporting Linkhttp://b2x-segwit.io/?utm_source=newsbitcoincom
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: The Segwit 2x Fork Has Been Successfully Launched on December 28th appeared first on Bitcoin News.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.