SegWit2x: Growing Opposition Amidst Industry Divide

Estimated read time 2 min read

Whalepool Joins the Opposition

The list of critics against SegWit2x is growing day by day, and the trading group Whalepool has taken to Twitter to officially join in the protest. With notable members, including cryptocurrency figure Charlie Shrem, the group requested a place on NOB2X, the site that tracks detractors of the hard fork. Their message was clear: “We oppose NYA and support… Bitcoin.” Talk about making waves in the crypto community!

A Diverse Opposition Community

Whalepool isn’t alone in their disdain for SegWit2x. As the network snapshot date approaches, more factions are emerging from the shadows, including Korea’s largest Bitcoin meetup and a coalition of influential Latin American businesses. They’re uniting their voices against the impending fork, showcasing that opposition isn’t just limited to a few vocal critics.

The Response from Supporters

On the flip side of the coin, there are certainly groups that embrace the hard fork. Xapo, for instance, has made headlines by expressing its readiness to rebrand the 2x chain as ‘BTC’ if enough backing is secured. It’s a classic case of some stakeholders navigating the turbulent waters while others remain in opposition.

The Growing List of Signatories

NOB2X has now witnessed close to 100 signatories stepping forth against SegWit2x. This list includes reputable exchanges like Kraken and Localbitcoins, media outlets, and even the alert site Bad Bitcoin. In a move that raised eyebrows last month, Bad Bitcoin removed Roger Ver’s Bitcoin.com from its list of trusted sites and slapped it with an alert due to Ver’s enthusiastic promotion of Bitcoin Cash.

Bitcoin Gold: The Quiet Contender

Amidst all the boiling tensions surrounding SegWit2x, the upcoming hard fork Bitcoin Gold seems to be gathering dust. Set to snapshot its network around October 25, it’s currently generating barely a whisper in comparison to the uproar caused by SegWit2x. Will Bitcoin Gold find its spotlight or fade into the ether? Only time will tell.

Conclusion: A Fragmented Community?

As we witness the unfolding drama, it’s clear that the cryptocurrency community is anything but unified. From hard forks to passionate advocates on both sides, the landscape seems divided. Whether SegWit2x will emerge victorious or be swept away by its competitors remains an open question. Meanwhile, the rest of us just grab the popcorn and watch!

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