Bitcoin Falls 3.5% Post SegWit Victory, Community Figures Continue...

Bitcoin Falls 3.5% Post SegWit Victory, Community Figures Continue Arguing

-

- Advertisment -

SegWit has finally locked in on Bitcoin, but the community remains divided over the validity of SegWit2x.

As figures such as Samson Mow breathe a sigh of relief as Bitcoin hovered at all-time highs earlier, others such as ShapeShift CEO Erik Voorhees said SegWit2x was the next milestone to come.

The difference of opinion even among the best-known figures in the Bitcoin industry highlights the continued struggle to achieve cross-community consensus.

Responding to Voorhees, Chaincode Labs’ Alex Morcos suggested SegWit2x would be similar to Bitcoin Cash, something the former then hotly refuted.

The scaling debate remains on everyone’s lips even outside cryptocurrency. Highlighting content from mainstream TV news in China, local information source cnLedger said that the scaling debate is still considered a major factor affecting Bitcoin price.

This status quo, it says, will continue despite SegWit.

Since SegWit locked in around twelve hours ago, meanwhile, Bitcoin has begun to slip, losing around 4.6 percent at press time to trade on average at around $3,288 according to Coinmarketcap.

The slight comedown was replicated on Ethereum, Ethereum Classic, Ripple and Dash.

Source link

Latest news

Banking Sector is Ready for a Tech Revolution With Cryptocurrency

When our world is going through a massive change due to COVID-19blow, it is very likely that...

OpenDAO’s Bridge Opens New Possibility for Mass Adoption of DeFi

When Satoshi Nakamoto officially created Bitcoin on January 3, 2009, his vision for the digital asset was...

Crypto’s price surge was mostly due to limited information – here’s why

As the world becomes more and more digitized, the usage of one of the most popular cryptocurrencies,...

U.S. Authorities Seized Bitcoin Worth a Total of $1 billion

The cryptocurrencies were in the possession of a person who had hacked Silk road, which was detected...
- Advertisement -

Top 12 BEST Crypto Trading Bots for 2020

TL;DR: In this article, we present a list of the best Crypto Trading Bots of 2020. If...

Norwegian Block Exchange aims at becoming an official bank

Norway is famous for its economic stability and living standards. It is true that Norwegian love doing...

Must read

OpenDAO’s Bridge Opens New Possibility for Mass Adoption of DeFi

When Satoshi Nakamoto officially created Bitcoin on...
- Advertisement -

Read Next
Recommended to you