Interview With Trace Mayer –
Talking about the Segwit2x Fork
Segwit2x release at block 494784, which will be when the 2MB hard fork for Segwit2x is expected to occur. This is expected to happen around November 18, 2017.
Trace Mayer holds degrees in accounting and law and has studied Austrian economics.
He started recommending Bitcoin around $0.25 and funded core blockchain infrastructure including (1) Armory which provides the foundational security for Bitcoin wallets, (2) Bitpay the largest Bitcoin merchant processor and (3) Kraken the largest Bitcoin/Euro exchange and a major worldwide liquidity provider. He also hosts the extremely popular Bitcoin Knowledge Podcast.
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Email From Coinbase About The Segwit2x Fork:
We wanted to remind you that the upcoming Bitcoin Segwit2x fork is projected to take place on November 16 and will result in 2 bitcoin blockchains.
In our effort to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange, we are working to ensure we maximize your benefit from this event.
So, following the fork:
Any user storing Bitcoin on Coinbase at the time of the fork will be credited with an equal amount of the new Bitcoin2x asset on the Bitcoin2x blockchain. No action is required – we will automatically credit your account. If you have 5 Bitcoin stored on Coinbase before the fork, you will have 5 Bitcoin and 5 Bitcoin2x following the event.
Coinbase users will be able to trade both Bitcoin and Bitcoin2x shortly after the fork.
Coinbase will disable buys, sells, sends and receives for Bitcoin and Bitcoin2x approximately 24 hours before the fork. We will re-enable them following the fork once it’s safe to do so.
Call us with questions at (747) 777-9471.
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Into and outro voice over by Zach Lewis realnewscn.com.
DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.