http://www.clccal.org/education
Imagine that you are in a small store where they sell the toys you like most. When you enter, you see the owner of the store, with a small book where he points out all the purchases and sales of toys he makes daily.
That book is called the General Ledger. The store owner very cleverly adds new sheets to his ledger so as to have more space for your shopping and sales information.
You note that this book has enough sheets, but you also notice that you can add new sheets to record much more information.
Source of image:https://chrismakin.co.uk/blog/
In Bitcoin this happens in a similar way. There is a chain of blocks, where operations are recorded daily. When you send or receive Bitcoins, all those operations and those of thousands of buyers and sellers are recorded in the general ledger.
Each line of that ledger is available to record more and more buying and selling operations.
In that book the signatures are registered to guarantee absolute confidence in the transactions carried out. All that information needs more and more space in the ledger. Suppose you have to enlarge the size of the ledger, that is what you want to do with Segwit2X.
Source of image:https://play.google.com/store/apps/details?id=com.organicsystemsllc.generaljournalfree
Meanwhile, Segwit proposes that instead of having space for the signatures, this space is freed to register a greater number of operations. This would ensure that it continues to operate without causing any trauma to transactions.
Increasing the size of the sheets and the general ledger to support a greater amount of information will give much power to those who control the ledger.
Owners of the new space available to register new information, will claim the right to impose conditions related to purchase and sale prices, the amount of Bitcoins available to miners, could also impose mining costs.
This can result in a few with many privileges, and at the same time there will be many with very little power.
source:https://howtotoken.com/segwit-never-happened-without-segwit2x/
The current debate focuses on whether to increase the size of the worksheets (Segwit2X), or make simpler modifications to make it more efficient and keep operating as it has until today (Segwit).
The invitation I make is for those members of Steemit community to know the details of this process.
It is important to know that before and after the announced bifurcation operations should not be made because they could lose their Bitcoin.
There is a group of Bitcoin companies in favor of the Segwit2X but, similarly, a seemingly majority group is in favor of the Segwit.
Study further the events to come and make your own decisions.
In my opinion, for the Bitcoin community it is better to continue with Segwit so that no one can exercise dominant control over this novel tool that serves to fight the hegemony of powerful banks worldwide.
Source of Image:http://www.clccal.org/education
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