BitPico, the entity who vowed to carry out the SegWit2x Bitcoin hard fork after its cancellation, has canceled it again.
BitPico: This Was ‘Nothing But A Waste Of Time’
In a circular posted on Sunday, the once virulent BitPico adopted a despondent tone, saying the “markets had spoken” and that the exercise “had been nothing but a waste of time.”
The statement in the circular reads:
We are backing out of the SegWit2x effort; the markets have spoken. People who like big blocks have Bitcoin Cash and people who like Layer-2 Networks, Compact Binary Transactions, UDP FEC Global LEO SAT coverage, encrypted TCP channels, experimenting and etc have Bitcoin.
SegWit2x was due to fork today under all other circumstances, with developers calling off the process Wednesday last week due to what they perceived as insufficient industry support.
Shortly afterward, BitPico sent a response circular in which they stated they would “carry out the fork regardless” and that “a handful of humans cannot stop what they have no control over.”
All Aboard The Longest Chain
Just four days later, however, an abrupt U-turn coincided with the rapid …
Read more –> click here all content is copyright Bitcoinist.
Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE..
Powered by ABITCO.IN