SegWit2x

E696535

SegWit2x was a proposed Bitcoin protocol upgrade that aimed to combine the activation of Segregated Witness with a subsequent increase in the block size limit, but it was ultimately canceled due to lack of consensus in the community.

All labels observed (4)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf Bitcoin protocol proposal ⓘ
hard fork proposal ⓘ
alsoKnownAs BTC1 ⓘ
New York Agreement fork ⓘ
announcedInYear 2017 ⓘ
basedOn New York Agreement ⓘ
blockSizeTarget 2 MB ⓘ
canceledBy organizers of the SegWit2x project ⓘ
canceledDueTo concerns about network safety ⓘ
lack of consensus in the Bitcoin community ⓘ
canceledOnDate 2017-11-08 ⓘ
communityOutcome Bitcoin remained on 1 MB base block size with SegWit ⓘ
linked to: SegWit2x
consensusChangeType hard fork ⓘ
controversy division between corporate signatories and open-source developers ⓘ
criticizedFor being negotiated without open community process ⓘ
insufficient community consensus ⓘ
lack of replay protection in original design ⓘ
fullName Segregated Witness 2x ⓘ
linked to: SegWit2x
hadImplementation BTC1 software client ⓘ
hasComponent 2 MB block size hard fork ⓘ
SegWit activation ⓘ
linked to: Segregated Witness
hasGoal activate Segregated Witness (SegWit) ⓘ
increase Bitcoin block size limit to 2 megabytes ⓘ
hasSubject Bitcoin governance ⓘ
miner influence in Bitcoin protocol changes ⓘ
on-chain scaling ⓘ
influenced discussions on Bitcoin governance ⓘ
future Bitcoin fork proposals ⓘ
intendedActivationBlockHeight 494784 ⓘ
intendedActivationDate 2017-11-16 ⓘ
network Bitcoin ⓘ
notableEvent cancellation email circulated to mailing lists and media ⓘ
opposedBy large part of Bitcoin technical community ⓘ
many Bitcoin Core developers ⓘ
many Bitcoin users and node operators ⓘ
precededBy SegWit activation on Bitcoin mainnet ⓘ
proposedBy group of Bitcoin companies and miners ⓘ
relatedTo Bitcoin Cash ⓘ
Bitcoin Core ⓘ
Bitcoin block size debate ⓘ
Bitcoin scalability problem ⓘ
Segregated Witness ⓘ
segwitActivationMethod BIP91 signaling ⓘ
softwareLanguage C++ ⓘ
status canceled ⓘ
supportedBy major Bitcoin mining pools (at proposal time) ⓘ
several Bitcoin exchanges ⓘ
several Bitcoin wallet providers ⓘ
timePeriod 2017 Bitcoin block size controversy ⓘ
linked to: SegWit2x
wouldCause chain split risk ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

SegWit2x → fullName → Segregated Witness 2x ⓘ
linked to: SegWit2x
SegWit2x → timePeriod → 2017 Bitcoin block size controversy ⓘ
linked to: SegWit2x
SegWit2x → communityOutcome → Bitcoin remained on 1 MB base block size with SegWit ⓘ
linked to: SegWit2x