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News Link • Bitcoin

SegWit2x Lead Mike Belshe:

• by Josiah Wilmoth

BitGo chief executive and SegWit2x project lead Mike Belshe says that, despite contention within the bitcoin community related to the block size debate, "things are looking good" for the SegWit2x hard fork.

Bitcoin is now approximately one month out from the scheduled date for the activation of SegWit2x, a controversial hard fork intended to increase the blocksize to improve the network's scalability. Since the New York Agreement (NYA) was struck in May, a number of signatories have rescinded their support for SegWit2x, citing various concerns including the lack of opt-out replay protection, a dearth of community consensus, and the absence of support from Bitcoin Core developers.

However, SegWit2x proponents continued to point to the fact that roughly 95% of miners were signaling for the hard fork, alleging that the incumbent blockchain would not be able to survive without support from miners.

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