SegWit2x
E696535
SegWit2x was a proposed Bitcoin protocol upgrade that aimed to combine the activation of Segregated Witness with a subsequent increase in the block size limit, but it was ultimately canceled due to lack of consensus in the community.
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
Bitcoin protocol proposal
ⓘ
hard fork proposal ⓘ |
| alsoKnownAs |
BTC1
NERFINISHED
ⓘ
New York Agreement fork ⓘ |
| announcedInYear | 2017 ⓘ |
| basedOn | New York Agreement NERFINISHED ⓘ |
| blockSizeTarget | 2 MB ⓘ |
| canceledBy | organizers of the SegWit2x project ⓘ |
| canceledDueTo |
concerns about network safety
ⓘ
lack of consensus in the Bitcoin community ⓘ |
| canceledOnDate | 2017-11-08 ⓘ |
| communityOutcome | Bitcoin remained on 1 MB base block size with SegWit NERFINISHED ⓘ |
| consensusChangeType | hard fork ⓘ |
| controversy | division between corporate signatories and open-source developers ⓘ |
| criticizedFor |
being negotiated without open community process
ⓘ
insufficient community consensus ⓘ lack of replay protection in original design ⓘ |
| fullName | Segregated Witness 2x NERFINISHED ⓘ |
| hadImplementation | BTC1 software client ⓘ |
| hasComponent |
2 MB block size hard fork
ⓘ
SegWit activation NERFINISHED ⓘ |
| hasGoal |
activate Segregated Witness (SegWit)
ⓘ
increase Bitcoin block size limit to 2 megabytes ⓘ |
| hasSubject |
Bitcoin governance
ⓘ
miner influence in Bitcoin protocol changes ⓘ on-chain scaling ⓘ |
| influenced |
discussions on Bitcoin governance
ⓘ
future Bitcoin fork proposals ⓘ |
| intendedActivationBlockHeight | 494784 ⓘ |
| intendedActivationDate | 2017-11-16 ⓘ |
| network | Bitcoin NERFINISHED ⓘ |
| notableEvent | cancellation email circulated to mailing lists and media ⓘ |
| opposedBy |
large part of Bitcoin technical community
ⓘ
many Bitcoin Core developers ⓘ many Bitcoin users and node operators ⓘ |
| precededBy | SegWit activation on Bitcoin mainnet ⓘ |
| proposedBy | group of Bitcoin companies and miners ⓘ |
| relatedTo |
Bitcoin Cash
NERFINISHED
ⓘ
Bitcoin Core NERFINISHED ⓘ Bitcoin block size debate ⓘ Bitcoin scalability problem ⓘ Segregated Witness NERFINISHED ⓘ |
| segwitActivationMethod | BIP91 signaling ⓘ |
| softwareLanguage | C++ ⓘ |
| status | canceled ⓘ |
| supportedBy |
major Bitcoin mining pools (at proposal time)
ⓘ
several Bitcoin exchanges ⓘ several Bitcoin wallet providers ⓘ |
| timePeriod | 2017 Bitcoin block size controversy NERFINISHED ⓘ |
| wouldCause | chain split risk ⓘ |
Referenced by (1)
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