Who Supports SegWit2x All Wallets And Exchanges List
Who Supports SegWit2x All Wallets And Exchanges List
Who Supports SegWit2x All Wallets And Exchanges List, On 1st August 2017, Miners have activated SegWit soft fork as it helps upgrade to BTC protocol and increase block’s transactional capacity. This upgrade fixed transaction malleability (serious bug). On 1st August 2017, BTC cash hard cash occurred that was backward incompatible. Main BTC block chain has split in Bcash to create an alt coin that was 8 MB blocks. There was not SegWit implementation occurs. All balance of BTC was held at fork time and was credited in BCH.
On 24th October 2017, BTC gold hard fork occurred that was backward incompatible. It forked away main BTC block chain and again creates an alt coin. This coin was with an altered algorithm. This algorithm is known as Equilash which is ASIC-resistant mining algorithm. Again BTC balance was held at fork time and credited with BTG.
The S2X/B2X/ SegWit2x hard fork was occur 16th November. It was to fork from BTC block chain to produce an altcoin. This alt coin was with blocks of 2 MB and support of SegWit. Again this BTC balance was held at fork time that is to be credit with an equal amont of B2X.
This fork was scheduled for BTC block 494, 784 that was to be mined around 16th Nov. as per perception of some miners, this is an attack by corporate interests and big miners. The main intention of launching of it is to seize control the BTC development. There are so many individual and companies that support SegWit2x.
First of all, it is better to know all about SegWit2x and the wallets or exchanges which support it. When it comes to boost transaction capacity of BTC, this approach has gained the more attention.
The plan for using it was proposed in May and it won the favor of many BTC mining pools and BTC’s startups. It has been gaining its own technical constructions and specific goals. It seeks to upgrade BTC in 2 ways.
Firstly SegWit2x will pass the code optimization (long proposed) SegWit that alters how data is stored on network. Secondly, it would set a timeline for enhancing the block size of network to 2 MB up from one mega byte today. It was triggered to be about 3 months after the activation of SegWit.
There has always been arguments and debate about the performance and design that revolves around it. These debates may include BTC transaction limit (1 MB of transactions every ten minutes), longer approval time for BTC transactions during heavy use, Miners fee for every transactions, average fee costs, costly network node on increasing block size and much more.
SegWit2x was not the first proposal for scaling capacity of transaction of BTC. It is different in various ways. Neither it has not been endorsed by BTC core and nor forward by it. BTC core is the main open source developer team of the network. This is the new idea that has come across in new way that consists of previously proposed by many developers.
Who supports SegWit2x?
There are significant number of individuals and high profile businesses which are in the favor of it. Those individuals who are in favor of it, they generally closely affiliated with investment community and startups of ecosystem. It may include the larger mining pool of the network and BTC startups like Blockchain, BitPay and Coinbase. It also includes notable developers such as Gavin Andresen (The Former lead maintainer of BTC Core).
If you want to trade it, you can send your existing BTC to any exchanges including Exrate, HitBTC, Bitfinex and much more to split them into BTC and B2X future tokens. These are some options that can be useful for advanced traders. You should go through the terms and conditions of these exchanges closely before choosing them. The easy way to get SegWit2x coins is to send BTCs to a supporting exchange before the fork occurs. The BTC held by the exchanges at the time of fork would be credited with SegWit2x. Sometimes you may find BTC n/w slow due to a rush moving coins before fork. You should send the coins in advance for an affordable fee.
There are some exchanges that credit BTC deposits with B2X including:
There are some exchanges that credit users with B2X incluing:
Here is the list of exchanges that would not credit users with B2X:
- Nova Exchange
Here are some communities that are in favour of SegWit2x:
- Argentian Bitcoin Community
- Bitcoin Hong Kong
- Bitcoin Manchester
- Bitcoin Munich
- Brazilian Bitcoin Community
- Francophone Bitcoin Communities
- Israeli Bitcoin Association
- Italian Bitcoin Community
- Seoul Bitcoin Meetup
Looking ahead, the SegWit2x outcome only depend on the number of users who adopt the proposal ultimately. There are so many outcomes that have emerged. Some mining pools have pledged to support it and some portion is activated on the network. This proposal has not got support yet that may split the network into 2 competitive BTC assets. This is a large ecosystem and every user has its own opinion about it. Well, I must say this is not a scaling proposal getting attention today; there are so many proposals that have introduced to be enacted on the n/w.
You should know how you can follow progress of SegWit2x. The code of SegWit2x has already decided to deploy in July 14 and the period of adaptation is July 21. Many people are keeping an eye on its process. There are so many places that help track the development of the process. Hope you find this information relevant and useful, do comment if you have any query regarding B2X.