There is a Chance Bitcoin Will Split Again in 2017

Bitcoin scaling proposal is always a hot topic, SegWit2x is no different.

 

THe main proposals of SegWit2x are the introduction of segregated witness and the increase of blocks from 1MB to 2MB. SegWit2x has clearly not had huge success in convincing community members. Majority of pools and exchanges support SegWith2x, but not by an overwhelming margin. Yesterday the support from mining pools was at 71%.

Lately, many companies and pools started to withdraw their support for the SegWit2x proposal.There are many reasons for this, but the two most important are safety concerns and the lack of support from Bitcoin Core.

 

The support from Bitcoin Core in the coming weeks is possible but not probable.

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