Bitcoin's 'Segwit2x' Scaling Proposal: Core Developers Strike Critical Stance

Days after a widely-supported but contentious proposal for increasing bitcoin's transaction capacity was unveiled, technical details about the plan are coming to light. The code for what's now known as 'Segwitx2' hasn't been well-received by the project's open-source developer community. A pull request from Bloq co-founder Jeff Garzik, for example, was greeted with a chorus of skeptical comments. Garzik has since stated that he agrees with the feedback received and endorses making changes that enable the code to be compatible with the existing version of Segregated Witness. Jeff Garzik said: "If the outcome maximizes compatibility even more, re-uses existing testing even more, that is a win. Forward progress."

"On SegWit2x, there is no technical reason to couple Segwit with a hard fork. Only political. And bitcoin was created to stay away from politics … this is why I mainly do not support it,” said Schnelli.

source: https://pixabay.com

Read more; http://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-core-developers-react/

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