Bitcoin community suspends controversial Segwit2X hard fork


In a fortuitous turn of events, leading Bitcoin entrepreneurs and influencers have reached an agreement to hold off the highly controversial Segwit2X hard fork software update due to lack of consensus within the cryptocurrency community. The suspension was announced yesterday in a thoughtful email written by vocal 2X proponent and CEO of popular Bitcoin wallet BitGo, Mike Belshe. The entrepreneur cited increasing backlash from the crypto community as the main reason for calling off the software update. “Our goal has always been a smooth upgrade for Bitcoin,” Belshe wrote. “Although we strongly believe in the need for a larger blocksize, there…

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