{"id":22995,"date":"2017-11-10T22:48:13","date_gmt":"2017-11-10T22:48:13","guid":{"rendered":"http:\/\/ci027cfe7ba0072697"},"modified":"2025-10-02T15:07:33","modified_gmt":"2025-10-02T20:07:33","slug":"no2x-hard-fork-suspended-due-lack-consensus","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/technical\/no2x-hard-fork-suspended-due-lack-consensus","title":{"rendered":"NO2X: Hard Fork \u201cSuspended\u201d Due to Lack of Consensus"},"content":{"rendered":"
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There will almost certainly be no Bitcoin hard fork next week: the main organizers behind the SegWit2x project have \u201csuspended\u201d their efforts.<\/p>\n

In an email<\/a> to the SegWit2x mailing list, one of the main organizers behind the project, BitGo<\/a> CEO Mike Belshe, explained that the proposed hard fork has not been able to gain sufficient consensus to proceed:<\/p>\n

\u201cAlthough we strongly believe in the need for a larger blocksize, there is something we believe is even more important: keeping the community together. Unfortunately, it is clear that we have not built sufficient consensus for a clean blocksize upgrade at this time.\u201d<\/p>\n

The New York Agreement<\/a> was originally<\/a> forged between a group of Bitcoin companies in May of this year. An initiative by Digital Currency Group<\/a> CEO Barry Silbert, the project \u2014 later dubbed \u201cSegWit2x\u201d \u2014 was to combine activation of the Segregated<\/a> Witness<\/a> soft fork<\/a> with a hard fork to double Bitcoin\u2019s block weight limit. With Segregated Witness activated<\/a> on the Bitcoin network this past summer, arguably helped by the SegWit2x project, the hard fork was scheduled to take place next week.<\/p>\n

However, the hard fork part of the New York Agreement was always controversial for a number of reasons<\/a>. As a result, a growing number of signatories dropped out of the agreement over the past weeks and months, while developers<\/a>, user communities<\/a>, public polls<\/a>, future markets<\/a> and more<\/a> all indicated limited support for the effort. And as the hard fork date drew closer, it become increasingly clear that SegWit2x would in fact spawn a new currency<\/a> rather than constitute an upgrade of the Bitcoin protocol.<\/p>\n

And this was never the plan, Belshe wrote:<\/p>\n

\u201cContinuing on the current path could divide the community and be a setback to Bitcoin\u2019s growth. This was never the goal of Segwit2x.\u201d<\/p>\n

Belshe\u2019s email was also signed on behalf of Xapo<\/a> CEO Wences Casares, Bitmain<\/a> CEO Jihan Wu, Bloq<\/a> CEO Jeff Garzik, Blockchain<\/a> CEO Peter Smith and ShapeShift<\/a> CEO Erik Voorhees. In a separate blog post<\/a> published just before Belshe\u2019s email, BitPay<\/a> CEO Stephen Pair also called for cancelation of the hard fork.<\/p>\n

While the New York Agreement was signed by even more companies (and some individuals), and anyone can still deploy the hard fork, it is unlikely that anyone will proceed with the hard fork in any meaningful way.<\/p>\n

Belshe does, however, note that a hard fork to increase Bitcoin\u2019s block weight limit might be needed in the future, writing:<\/p>\n

\u201cAs fees rise on the blockchain, we believe it will eventually become obvious that on-chain capacity increases are necessary. When that happens, we hope the community will come together and find a solution, possibly with a blocksize increase.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

There will almost certainly be no Bitcoin hard fork next week: the main organizers behind the SegWit2x project have \u201csuspended\u201d their efforts.<\/p>\n","protected":false},"author":2509,"featured_media":22996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[1964,3329,3331,705,1079,3330],"class_list":["post-22995","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technical","tag-hard-fork","tag-new-york-agreement","tag-no2x","tag-scaling","tag-segwit","tag-segwit2x"],"author_data":{"id":2509,"name":"Aaron van Wirdum","nicename":"aaron-van-wirdum","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/aaron-van-wirdum-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/no2x-hard-fork-suspended-due-to-lack-of-consensus.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/22995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2509"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=22995"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/22995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/22996"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=22995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=22995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=22995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}