Weekly News 45 / 2017 : SegWit2X Has Been Cancelled

Weekly News 45 / 2017 : SegWit2X Has Been Cancelled

The controversial Bitcoin fork SegWit2X has been officially cancelled or at least postponed indefinitely. One of the creators and main supporters of SegWit2X, the CEO of Bitgo Mike Belshe published a blog post on Wednesday where he told that SegWit2X fork will not happen, or at least won’t happen in foreseeable future. According to the blog post the reason for cancellation is the lack of community support surrounding SegWit2X. The hard fork didn’t manage to gain the consensus it needed

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Bcash update

In this announcement we clarify the current situation after the Bitcoin network fork and how we are dealing with it at Coinmotion. In the first day of August the fork of the Bitcoin network happened as expected. In the fork a new coin called Bcash (BCH) was created. This coin is alternatively called Bitcoin Cash but we are using Bcash to make it clear that it is not Bitcoin but rather a new altcoin based on Bitcoin. The fork did

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