In a few weeks, Coinbase will offer their customers an update on Bitcoin SegWit which is expected to improve transaction capacity of the Bitcoin network.
Founders of the SegWit2x hard fork have revealed the roadmap to bring new functional features solving issues of scalability and privacy.
The team behind the bitcoin scaling solution continues the project implementation and has already created a set of new features to improve the network.
The development of ETC gives precedence to technology and concentrates on technological development and applications, which does good to digital currency.
Though the SegWit2x cancellation was another prominent example of the strengths of peer-to-peer networks in terms of their more democratic governance and participation structures, it empowered Bitcoin Cash to reap the rewards of its failure to launch.
The Bitcoin euphoria sweeps the cryptocurrency market as price touches an all-time high of $8100 with investors showing more confidence in it. $12,000 Bitcoin price is projected for early 2018.
Amidst all the confusion relating to the SegWit2x hard fork, it has been confirmed that the hard fork has failed to go through in its scheduled time.
In a fresh new twist in the plans of SegWit2x hard fork, there is every possibility for the hard fork to go through in the near time.
The second derivative of Bitcoin namely the ‘Bitcoin Gold’ has finally gone live as developers publish the final software for the cryptocurrency.
After Segwit2x cancellation, Bitcoin’s exchange rate has lowered below $7000, bringing about not only public worrying, but also the raise of Bitcoin Cash.
Following the cancellation of the SegWit2x hard fork event this week, developers of the Bitcoin Classic scaling solution are now closing the project.
After a continuous rally for nearly two weeks which catapulted Bitcoin to almost $8000, and some major profit booking is being currently observed with the price of Bitcoin consolidating around the $6000 mark.
The upcoming SegWit2x hard fork which was scheduled for November 16 has been canceled due to lack of consensus between the member of the community. Bitcoin will be splitting no more.