that in recent months escalated to an all-out war over the seemingly trivial question of how to allow more transactions through the network. Tech, get short URL 53, the worlds most known cryptocurrency has broken its cost record after a segment of the currency community officially dropped its efforts to push for a change of protocol. So controversial, in fact, that the backers of the plan announced in a November 8 email they would be backing down. The organizers of a controversial bitcoin software update are suspending their attempt to increase the block size by way of a hard fork.
In an email sent by the lead developer last week and"d by Forbes, the coalition that once backed the change indicated that "our goal has always been a smooth upgrade for bitcoin. Continuing on the current path could divide the community and be a setback to bitcoin 's growth. While it may have momentarily concluded with one side backing out, it remains to be seen how this fundamental tension that remains in the community over how to scale the network will eventually be resolved. "As fees rise on the blockchain, we believe it will eventually become obvious that on-chain capacity increases are necessary he added. This was never the goal of Segwit2x.".
Bitcoin fork called off