SegWit2x still possible. Again

Team of true SegWit2x fans is going to launch hardfork on the 28th of December, 2018
19 December 2017   7202

Some true fans of SegWit2x don't give up. New SegWit2x project website just appeared. According to the website, approx. on the 28th of December, when block 501451 will be mined, fork will be launched.

As it is stated on the project website, it intends to implement the Segwit2X, which was expected in mid-November. At the same time, developers add, the futures trading on Segwit2X hardfork on some exchanges, including HitBTC, continues.

Commission and transaction speed within the Bitcoin network has reached extraordinary values. It is almost impossible to use it as a means of payment.

Our team will carry out the Bitcoin hard fork, which was planned for mid-November. At the same time, trading of its futures has been carried out on some exchanges for a long time. HitBTC is among them.

I promise that all BTC holders will receive not only B2X in the ratio of 1 to 1, but also a proportional number of Satoshi Nakamoto`s Bitcoins as a reward for their commitment to progress.

Jaap Terlouw 

Founder of the project   

As the project's founder, Jaap Terlouw is listed on the site, and the idea of the team headed by him is to resume and refine the suspended Segwit2X project and create a "really anonymous and instant bitcoin."

It is claimed that the purpose of the work is not the replacement of the original network, but the effective coexistence of two networks with different purposes.

General project information:

  • Estimated date of the fork: 28.12.2017
  • Total issue: 21 million coins
  • Protection against repeated transactions: Yes
  • Unit extraction speed: 2.5 minutes
  • Mining: X11
  • Block size: increased to 4 mb
  • Recalculation of difficulty: after each block
  • Unique address format: Yes

Also, according to the roadmap, these are planned improvements:

  • Offline codes
  • Lightning Network support, instant transactions
  • ZkSnark
  • Ethereum smart contracts
  • Anonymous transactions

Creators of SegWit2x has a Telegram channel (Russian speaking, mostly) additionally to the main website. It is also worth noting that official Instagram, Twitter, second Telegram channel and Reddit are almost empty.

NSA Tracks BTC Users, Snowden Says

According to the documents from former NSA agent, BTC transaction monitoring is one of the main priorities of the agency
21 March 2018   218

The US National Security Agency monitors actions in the bitcoin blovkchain in order to identify users of crypto currency. This is reported by The Intercept, which received a set of documents from a former employee of the NSA Edward Snowden, according to which the monitoring of BTC transactions is one of the main priorities of the agency.

They also say that the work of the NSA in this direction may not be limited to analyzing the blockchain and include the detection of crypto users.

The published document indicates that the NSA has become more likely to collect passwords of bitcoin users, data about their activity on the Internet and the identity of their devices.

According to the report, the NSA monitors bitcoin users from 2013 through a program code-named OAKSTAR, as well as the MONKEYROCKET program, which is the OAKSTAR project. The data collected over the years can allow the NSA to accurately identify participants in crypto-currency transactions.

For information on bitcoin users, the NSA can use XKeyScore, a powerful system for monitoring Internet activity, which became known in 2013, when Snowden revealed information about the surveillance of the NSA.

The document says that the information collected by the Agency is stored in the file "Provider user full.csv", and details of identification of time stamps and Internet addresses of users for the purpose of determining their location are given.