Lou Kerner

@loukerner

Replay: 2X or No2X? The 2 Sides Debated — Conference Call, Oct 26th, 2pm-3pm est

Below is a replay of the conference call held on October 26th.

Alex Morcos’s deck from the call can be found here

A little over three months ago, SegWit, a Bitcoin upgrade, was activated, resulting in the creation of an altcoin, Bitcoin Cash, which was created as the opposition to the Segwit solution.

As part of the New York Agreement (NYA) forged by DCG over 50 other industry players, The Segwit activation came with a condition: a block-size increase within three months of activation (i.e., a hard fork). This hard fork is now commonly referred to as SegWit2x, or “S2X.” S2X is implemented in code as btc1 by former Core developer and Bloq CEO Jeff Garzik. It’s scheduled for activation at block height 494,784 around November 19th.

While the original advantages of increasing block size were obvious, NYA has proven highly unpopular among the some of Bitcoin’s users and Bitcoin Core developers, judging by commentary and activism across various media platforms. To understand the reasons for and against the S2X fork, we invited a leading advocates on each side of the debate to join us for a call and explain their views of the pros and cons of S2X:

Pro 2X:

Mike Belshe — Co-founder and CEO at BitGo. Mike Belshe is a veteran technologist who invented the multi-signature protocols used at BitGo. Prior to BitGo, Mike worked at Google on the founding team of Google Chrome, was the co-inventor and driving force behind SPDY (which has now become HTTP/2.0), and co-founded Lookout Software, an email search company acquired by Microsoft. He holds a C.S. degree from Cal Poly San Luis Obispo.

No2X:

Alex Morcos — Co-Founder, Chaincode Labs. Alex is one of the early pioneers of automated trading and co-founded Hudson River Trading in 2002, where he spent 10 years working to make markets more efficient and improve market structure. He discovered his passion for Bitcoin in 2012, and in 2014 he co-founded Chaincode with Suhas. He has enjoyed contributing to Bitcoin Core and learning about the exciting nascent field of cryptocurrency ever since.

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