As more cryptocurrency exchanges drop support for SegWit2x, yet another fork may soon grace the industry in the form of Bitcoin Silver.
Coming less than a day after Bitcoin Gold forked from the BTC Blockchain, Bitcoin Silver’s developers wrote on the Bitcointalk forum they intend to “make Bitcoin decentralized again.”
Their description reads:
“...Bitcoin Silver will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations.”
While no technical details are currently available, Bitcoin Silver will follow Bitcoin Cash-style distribution methods and be available to BTC private key holders in December. The exact block the fork will occur at remains undetermined.
Bitcoin lost around eight percent in the 24 hours after Bitcoin Gold, as uncertainty surrounding the forthcoming SegWit2x fork continues to preoccupy consumers and businesses alike.
Announcements of how 2x will be treated are appearing almost daily from major players, with opinions varying.
On Wednesday, trading platform ANXPRO said it “will not be supporting the Bitcoin SegWit2x hard fork in the near future.”
“Security and stability is always our top-most priority and ANXPRO cannot, at this time, support unproven and unstable Blockchains,” it said in a mailing to users.
At the same time, major exchange Coinbase appeared to U-turn on its position to sideline 2x, CEO Brian Armstrong apologizing for a lack of “clarity.”
Follow us on Facebook
Bitcoin Regulation
Decentralization
SegWit2x
Bitcointalk
Bitcoin Cash
ANXPRO
Coinbase
Brian Armstrong
Bitcoin Gold
Comments
Hottest Bitcoin News Daily
For updates and exclusive offers, enter your e-mail below.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cointelegraph.com/news/bitcoin-silver-wants-to-make-bitcoin-decentralized-again-amid-more-2x-rejections
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @btcprofit! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Segwit2x has not been rejected. Miners are signalling at over 85%.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit