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SegWit2x debates progress: Xapo for the new Bitcoin, SurBTC exits the NYA

10 October 2017 21:00, UTC

The controversial Bitcoin protocol update continues to involve more and more cryptocurrency market players. Recently, Xapo, the cryptocurrency exchange, went as far as to claim that the original BTC chain would become redundant after the hard-fork in November, and the real Bitcoin would be the cryptocurrency with more blockchain difficulty level.

Understandably, the statement was mocked in the cryptocurrency community, where not only this SegWit2x protocol is unpopular, but people there are aware about Bitcoin Cash precedent - after the SegWit hard-fork, nobody called this new cryptocurrency a real Bitcoin. The radical position of Xapo management largely resembles the categorical statement by John McAfee, who, in response to Jamie Dimon’s infamous words about Bitcoin, claimed that the U.S. dollar has much more properties of a fraud.

Meanwhile, the New York Agreement loses participants as the update comes closer to a release. The most recent party that terminated its support is the Chilean cryptocurrency exchange called SurBTC:

“We don’t believe in trying to force a change bitcoin’s core developers don’t feel safe with. The technical background of the team that currently collaborates on the core bitcoin project has an unprecedented level, we believe them to be, at least as a group, unbiased experts who deserve at least a voice on the subject.”