Why Segwit2x Is Doomed to Fail

Why Segwit2x Is Doomed to Fail

Ariel Deschapell is a full-stack javascript developer teaching at the Ironhack coding bootcamp in Miami, and a Henry Hazlitt fellow in Digital Development at the Foundation for Economic Education. In this opinion piece, Deschapell argues that an upcoming proposal for changing the bitcoin software will fail to achieve its desired results. With two weeks remaining until it’s slated to launch, all eyes are on the imminent hard fork of the bitcoin software: Segwit2x. Its significance? The fear that it could initiate the largest and most contentious chain split that bitcoin, and perhaps any cryptocurrency, has yet seen. Such an […]