Why Segwit2x Is Doomed to Fail

With two weeks remaining until it’s slated to launch, all eyes are on the imminent hard fork of the bitcoin software: Segwit2x.

Its significance? The fear that it could initiate the largest and most contentious chain split that bitcoin, and perhaps any cryptocurrency, has yet seen. Such an event could have devastating consequences for the ecosystem and its wider perception.

However, a close analysis of the dynamics at play shows that these fears are largely overblown. More likely is the avoidance (or quick resolution) of such a split, one that will also serve as an important test that bolsters the perception of bitcoin as a secure store of value…

Read Full: Why Segwit2x Is Doomed to Fail