As we perform more analysis on the SegWit2x article we published yesterday, it appears that the current new Segwit2X has no relation to the previously cancelled SegWit2x. The new SegWit2x team gets the benefit of using the same name as the previous one to their advantage and in a way is deceptive.
The new SegWit2x ( B2X) team also claim to redistribute the 1 million BTC tokens owned by Satoshi Nakamoto, creator of Bitcoin.The details of distribution is no where mentioned.
The previous SegWit2x fork that was cancelled during November was created as a result of ‘New York Agreement‘ , supported by more than 56 entities and more than 20 countries. This was supposed to be Bitcoin take over however the original bitcoin core developers didn’t consent on this and also pointed out that the fork did not have replay protection making it vulnerable. The new SegWit2x was announced without any details 15 years earlier and even the website doesn’t seem to provide much information.
The reedit community has shown anger as its creating confusion for most users calling this a fake/scam SegWit2x . The new Segwit2X team doesn’t seem to have any credible names on their website other than a link to linkedin profile. As per user discussions major exchanges like Coinbase are not even aware of this fork.
Many even believe that the people behind this Segwit2x will end up in legal troubles as mentioned in this thread. Some are warming crypto investors to be careful and not to fall into the new Segwit2X fork and consider it as a scam.
As per the original Bitcoin enthusiasts and supporters, even Bcash lead by Roger Ver during August 2017 is a kind of scam since its diluted the original Bitcoin. Its a matter of time how this new Segwit2X works out in the bitcoin community. Will it fail or succeed ? This will be answered in the coming days however online community is very vary about this Segwit2x fork and doesn’t seem to support it yet.
Details on the features of this Segwit2x fork can be found in the post from yesterday
