What SEGWIT2X fork will bring?!?
Some stock exchanges have already announced trading with this currency, including HitBTC where they will be traded at a price of approximately 0.01 BTC. Apart from the implementation of the Segregated Witness, the team behind this fork has implemented some other improvements:
- The size of the block is increased to 4 MB
- The high production of the block is 2.5 minutes
- Unique address format
- Reconstruction of complexity after each block
- Protection Against Recurring Transactions
- Using x11 encryption algorithm
The team announces that they will not stop on this and according to their development plan, they seem to plan to develop the following:
- Offline codes
- Support Lightning Network, Instant transactions
- ZkSnark
- smart agreements
- Anonymous transactions
They announce that they do not want to replace the existing Bitcoin and the standards that came with it. They want to create a new currency peacefully, which will be an addition to the classic Bitcoin. During the fork that will run over block 501451, Bitcoin Segwit2x will be brazen and "upgrade the network".
Additionally, the team behind the fence guarantees that all BTC holders will get B2X at a 1: 1 ratio, but users will also be rewarded for their use of the Bitcoin network number, which Satoshi Nakamoto mined in the first year of existence of the network.
What do you think?