News is breaking late tonight following an e-mail sent out to the Segwit2x e-mail list.
A developer going by "bitpico" says the fork is still on, backed with a 30% hash rate. The e-mail reads as follows:
We are carrying out the fork regardless as everything is set in motion. Backing down the difficulty right now is a strategy. Wonder why 30% network hash-rate disappeared? It’s ours; the miners that will continue what is set in motion... A handful of humans cannot stop what they have no control over...- Sent from my Space Ship
We found a user who appears to be the same person on the forums at BitcoinTalk.org, posting similar messages:
Majority miners never claimed to have backed out of SegWit2x. It is not cancelled nor can it be...
and...
A handful of people cannot "call off" a hard fork. The miners decide...
Still unclear how legitimate his claims are. If this is one disappointed Segwit2x fan, or someone really speaking for a large pool of miners.
Also surprising - Segwit2x futures are also slowly rising late tonight to $350 after reaching a low of $146 earlier today.
Most importantly though - the concerns around Segwit2x was it's bold goal to replace Bitcoin, that issue is closed for now, and needless to say even if these miners statements are true - at best with this 'no consensus needed' attitude they're just creating an altcoin.
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A developer going by "bitpico" says the fork is still on, backed with a 30% hash rate. The e-mail reads as follows:
We are carrying out the fork regardless as everything is set in motion. Backing down the difficulty right now is a strategy. Wonder why 30% network hash-rate disappeared? It’s ours; the miners that will continue what is set in motion... A handful of humans cannot stop what they have no control over...- Sent from my Space Ship
We found a user who appears to be the same person on the forums at BitcoinTalk.org, posting similar messages:
Majority miners never claimed to have backed out of SegWit2x. It is not cancelled nor can it be...
and...
A handful of people cannot "call off" a hard fork. The miners decide...
Still unclear how legitimate his claims are. If this is one disappointed Segwit2x fan, or someone really speaking for a large pool of miners.
Also surprising - Segwit2x futures are also slowly rising late tonight to $350 after reaching a low of $146 earlier today.
Most importantly though - the concerns around Segwit2x was it's bold goal to replace Bitcoin, that issue is closed for now, and needless to say even if these miners statements are true - at best with this 'no consensus needed' attitude they're just creating an altcoin.
Author: Ross Davis
San Francisco News Desk