Published On: Sat, Jul 1st, 2017

Luke-jr Warns: ‘One Purpose’ Of SegWit2x To ‘Stall SegWit,’ Empower Bitmain

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Bitcoin Core developer Luke-jr has released a damning appraisal of SegWit2x as the scaling tool launches in beta.
Luke-jr Warns of SegWit2x ‘Distraction’
In a blog post published Saturday, Luke-jr highlights the technical differences SegWit2x represents while warning of its potentially dangerous implications:

Overall, Segwit2x seems to have one real purpose: to try to stall Segwit longer. […] It is a distraction from the upcoming BIP148 softfork, which is already irreversibly deployed to the network.
His comments come as direct retaliation against those signaling for the increasingly popular SegWit2x, which came into being during May’s Consensus conference in New York.
A meeting of well-known Bitcoin businesses and figures, organized by Digital Currency Group founder Barry Silbert, signed an agreement to ensure SegWit activated on Bitcoin and attempted to end the years-long scaling debate.
While the proposal, first known as the New York Agreement (NYA), initially suffered from flaky member support and mixed community reviews, its desirability among nodes has since increased dramatically.
As of press time, those miners signaling intent to support SegWit2x represented 85.4% of the total Bitcoin mining network, data from Coin Dance shows.

BIP148 Alternatives Are Miner & …

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