Bitcoin Core Dev: SegWit2x Will Fail, Its Goal Is to Stall SegWit
Bitcoin Core developer Luke Dashjr claims the goal of SegWit2x, a move to provide a minimal patch to resolve the conflict over activating SegWit and increase the block size to allow faster transactions on the bitcoin blockchain, is to stall SegWit.
Writing in Medium, Dashjr says SegWit2x’s beta can be broken into five categories. He begins with branding, the simplest part. Bitcoin Core 0.14.1 has become btc1 Core 1.14.3. The most interesting observation here is that it is based on the old 0.14.1 instead of the 0.14.2 that fixed a number of bugs, such as miniupnpc vulnerability.
Dashjr also does not understand the reason for testnet5, a new testnet. If one wanted to test a bitcoin change, they would do so as a change to testnet instead of making a new one. He does not see why a new testnet was developed.
Some policy changes take effect immediately upon switching to btc1, even ahead of activating a hard or soft fork. Transactions can now use up to 32k sigops instead of the 16k Core limit.
Read article here (source): https://www.cryptocoinsnews.com/bitcoin-core-developer-claims-segwit2x-will-fail-claims-its-goal-is-to-stall-segwit/
Picture source: http://www.altcointoday.com/segwit2x-is-winning-the-chicken-game/
I read it. It was very technical and, frankly, hard for me to understand. But, one thing that I did take away was that he felt that it left an opening for there to be a split of bitcoins similar to what happened to Ether. This is what led to the formation of Ether classic.
Interesting article, I follow you and resteem this post.
Thanks :)
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