ICO Daily (29 Dec): New Segwit2x Launches With Massive Premine, Unknown Team 

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New Segwit2x Launches With Massive Premine, Unknown Team 

The new SegWit2x, a revival of the original hard forkdesigned to help with the scalability issues of Bitcoin, was scheduled to happen at Bitcoin block number 501451. That block was mined at around 6PM UTC, Dec. 28, and the team behind the project announced its official launch.

The SegWit2x movement has originally started in May 2017, as a direct result of the New York Agreement (NYA). The idea behind the agreement, originally signed by more than 50leading Bitcoin companies, was to achieve a compromise on how to scale Bitcoin for a larger audience.

One of the sides, the “small blockers,” wanted to implement the second-layer solution called SegWit, which did indeed take place on Aug. 24, 2017. That was the first part of the compromise. The other part of the deal was designed to appease the “big blockers” by increasing Bitcoin’s block size limit to 2 megabytes. However, this was never followed through with, directly violating the agreement.

The fork was slated to happen on Nov. 16. However, as the developers unveiled the actual code for the hard fork, a vastly negative reaction from the Bitcoin community immediately followed. The lack of replay protection, along with general concerns about the safety of a possible hard fork, gave rise to an entire movement against SegWit2x, aptly called #no2x.

After several weeks of controversy, the fork was cancelled on Nov. 8, about a week before its scheduled arrival. The team tasked with creating the code for SegWit2x shelved the plan due to a lack of consensus.

 

Today’s Reading List:

Check Out Our Informative ICO List
Hacks, Scams, and Attacks: Blockchain’s Biggest 2017 Disasters
South Korean Government Stressing Over “Irrationally Overheated” Bitcoin Market
Belarus Just Legalized Bitcoin and Granted Miners Tax Exemption
Ripple Officially Overtakes Bitcoin Cash, Surpasses $51 Billion Market Valuation

 

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New ICOs

NAME STARTING DATE ICO CAP CURRENCY AMOUNT RAISED % OF CAP
ICOs STARTED YESTERDAY (28/12/17)
ALMBank 28/12/17 50,000 ETH
ICOs STARTING TODAY (29/12/17)
Datum 29/12/17 153,000 ETH
SnapCity 29/12/17 550 BTC
MimiCoin  29/12/17 100,000 ETH
MiCars 29/12/17 11,592 ETH
Bitto Exchange (Presale) 29/12/17 60,000 USD
ICOs STARTING OVER THE WEEKEND (30 – 31 December)
BitEther 30/12/17 8,130 ETH
Lotus 31/12/17 4,500 ETH
KeepPet 31/12/17 1,050,000 USD
Hade 31/12/17 30,000,000 USD

Recently Closed ICOs

NAME STARTING DATE CLOSING DATE ICO CAP CURRENCY AMOUNT RAISED % OF CAP
Luven Diagnostic 08/12/17 29/12/17 103,448 ETH 18 0.02%

Tokens Listed on Exchange

Name Ticker Symbol Exchange Listing Date ICO Closing Date Start Trading Price ICO Price Change since ICO Currency
Wandx (WAND) EtherDelta 29/12/17 12/10/17 0,00038 0,0002 +89.70% ETH

Ongoing ICOs

See the Full List of Ongoing ICOs Here

 



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