SegWit2X [Bitcoin Hard Fork]
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[Update on 11 Jan 2018]: Adding FREE Segwit2X (B2X) coins are in testing phase and probably B2X coins will be usable from 15th Jan 2018. Thank you!
For more info, please visit http://b2x-segwit.io/
[Update on 25 Nov 2017; 9:00 PM, IST]: One of the main hard forks in the history of Bitcoin named Segwit2X, will be released on December 28th, 2017 on the block 501451. It was expected to occur in mid-November, but the date was redefined. Still, futures trading has started and is still conducted at numerous exchanges at a price about 0.04 BTC.
[Update on 17 Nov 2017; 9:00 PM, IST]: Segwit2x Forks, Nothing Happened!
Segwit2x’s btc1 client has forked today at around 6 PM, IST at block number 494,782 three months after the activation of segregated witnesses (segwit), just as the New York Agreement said.
Btc1 nodes got stuck at block 494,782 and started rejecting any subsequent blocks starting with 494,783 as new rules for those nodes kicked in.
However, the chain is inoperational as no one is mining it as far as we know, with no blocks found so far, making the branch non-existent.
We have received many inquiries about SegWit2X (Bitcoin Hard Fork), please find below our planned course of action regarding the upcoming changes.
The much-debated SegWit2x hard fork was being officially canceled last week after several community leaders and a large number of miners withdrew their support due to lack of consensus. As a result, the hard fork plans were completely halted which meant that Bitcoin will not be splitting into two, as projected earlier.
Considering the possibility of network instability in such a case and in order to protect the customer’s funds, We are suspending the operations on November 17th, an hour before the fork which is projected to occur between 6am to 8am Pacific Time on November 17th. Once the fork gets initiated and confirmed, all the normal operations will resume afterward.
As per the latest information available on blockchain.info, the total number of blocks mined currently shows to 494743 and the SegWit2x is scheduled to take place at 494784 which is pretty close from the existing position.
No action is required and all funds stored on Bitcoin India™ wallet remain safe.
Bitcoin India™ is actively monitoring this situation and will make every attempt to allow customers to benefit from this fork if it results in a safe and functioning network.
If this hard fork happens and as a part of that if new coins gets created, in that case, anyone who have Bitcoin balance at their “Bitcoin India™ wallet” by before 17th Nov, before 6:00 PM (by block 494784; time might vary based on the block execution time), will be credited with FREE "SegWit2X" coins (B2X) in a 1:1 ratio of their current Bitcoin holdings.
For full details abour this HardFork, please visit:
In case we could be of any assistance or guidance, or you’d like to share a thought – please https://bitcoin-india.org/customer_support, we’re here for you.
- The CARE Team, Bitcoin India™
(Bitcoin India™ - is the one-and-only startup from India providing these types of products and services under one umbrella, the types of tools that every person requires in the crypto space, such as a full-stack digital asset exchange and trade platform, digital asset wallet services, a merchant payment gateway, club membership, mining services and a mining pool)
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