Big Chinese mining platform F2Pool rejects SegWit2x after initial approval

F2Pool, the large mining pool from China, one of the biggest both in the country and Bitcoin financial environment, tells that it’s not going to support the New York Agreement anymore. This agreement provides the basis for the SegWit2x implementation. The implementation of SegWit2x will, in turn, lead to the hard-fork of the Bitcoin blockchain. And this hard-fork will almost certainly lead to creation of the new cryptocurrency. One can tell this with certainty because after the previous hard-fork the world has seen bITCOIN Cash.

If F2Pool decided to quit this New York Agreement, this means they will support either the old version of Bitcoin blockchain or create their own modification so that their chain won’t become vulnerable to different threats as the time goes by. The head of F2Pool Wang Chun sent an email to Coindesk, where he clearly stated he does not support this hard-fork.

Other key figures of the agreement, however, remain true to their initial wish to support this new protocol. Bitfury’s chief executive Valery Vavilov and the head of BTCC both reassured the media that they will continue to support the SegWit2x.