South Korea’s Largest Meetup Calls for Dropping SegWit2x Support
Seoul Bitcoin Meetup members have issued an official statement opposing the November SegWit2x Bitcoin hard fork. Seoul Bitcoin Meetup was founded in 2014 and is the largest meetup in South Korea. Its members are 1,600.
“We are confident that the current BTC chain will not only survive this fork, but will continue to develop as the main Bitcoin chain,” they write. “The purpose of this letter is to minimize the damage that could be done in November. We urge you, signatories of the New York Agreement, to reconsider your position and withdraw support for SegWit2x “.
“Do not forget that there is nothing shameful in reconsidering your position in the light of the information that has become available and new conditions.”.
After that, they detailed their concerns about the hard fork:
- The agreement is contrary to the nature of Bitcoin;
- SegWit2x carries serious risks, but does not boast most of the benefits that well-planned hard forks have;
- Lack of attention to replay attacks;
- Lack of attention to other risks.
In addition, today it became known that the large mining pool F2Pool has stopped signaling in support of SegWit2x, to which WhalePanda commenter drew the community’s attention on Twitter..
The company announced the cancellation of the New York agreement at the end of August..
Bitfury to Build Largest Bitcoin Mining Data Center in North America Vancouver Hut 8 Mining Corp intends to create…
Thailand’s largest commercial bank prepares to integrate XRP cryptocurrency Thailand’s largest commercial bank Siam Commercial Bank (SCB) has confirmed…
Binance became the largest crypto derivatives exchange in September, beating Huobi and OKEx Binance has emerged as the largest crypto derivatives exchange in September with…
European ministers called for regulation and restrictions on the circulation of stablecoins Ministers of finance of the five countries of the European Union…
Justin Sun urged not to call him a Poloniex buyer and disclosed a portfolio of exchange tokens, TRON blockchain project CEO Justin Sun said that “nothing…