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SegWit2x continues to lose support

12 October 2017 21:00, UTC

F2Pool, a relatively big mining pool, has stopped signaling support for the controversial SegWit2x update. Unlike SegWit that has already been implemented, many smaller companies view the New York Agreement as a corporate takeover.

Cryptocurrency figures, most noticeably, Charlie Lee (creator of Litecoin), are not thrilled about SegWit2x as well, even starting a Twitter campaign with #no2x hashtag and the [NO2X] prefix in their Twitter profile names. Commenting the news about this F2Pool’s decision, Preston Pysh, Forbes contributor, believes that miners are bound to turn into businessmen one day and eventually would support the legacy chain – in other words, the updated blockchain instead of the current one. BadBitcoin.org has welcomed the decision, because its owners are strictly opposing SegWit2x and even made a list of exchanges that do, calling them untrustworthy.

Speaking about untrustworthy exchanges… WEX (formerly BTC-e), the cryptocurrency exchange renamed after it became clear that alleged money launderer Vinnik was connected to them, has stated it is going to stick with the old Bitcoin blockchain. No new trading pairs will be added.