SegWit2x still possible. Again

Team of true SegWit2x fans is going to launch hardfork on the 28th of December, 2018
19 December 2017   8202

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.

SEC to Start VanEck-SolidX BTC-ETF Consideration

Starting today, the 45-day countdown to the SEC initial decision was launched
20 February 2019   98

For the first time since August of last year, two proposals on the creation of a Bitcoin-ETF are under consideration by the US Securities and Exchange Commission (SEC).

The application of VanEck and SolidX, issued in cooperation with the Cboe BZX exchange, as expected, was included in the Federal Register issue this Wednesday, with which the 45-day countdown to the SEC initial decision was launched. The application of Bitwise Asset Management and NYSE Arca was published last week.

I … hope that our investment in regulatory and market education, hard work and commitment will be honored when the time comes.
 

Gabor Gurbacs

Director of digital asset strategy, VanEck

The head of Bitwise’s research department, Matt Hogan, believes that not only firms that have submitted bids to create Bitcoin-ETFs are looking for approvals, but and the entire “extremely fast-growing” crypto industry.

A year ago there was maybe one qualified crypto custodian … and now there are half-a-dozen, and that number will go up from here. A little more than year ago, we didn’t have futures. A year ago we didn’t have nearly as many firms making markets. A few months ago, you didn’t have folks like Fidelity announced in the space. It’s evolving really, really quickly.
 

Matt Hougan

Global head of research, Bitwise

 As reported, ultimately, however, a bitcoin ETF approval will depend on how companies approach their proposals.