SegWit2x was a pivotal and instructional moment in Bitcoin's history. There was an upgrade to Bitcoin's protocol that would fix bugs (like transaction malleability) and more easily enable higher layer function on top of Bitcoin, such as the lightning network. However, while implementing this upgrade, there was a kind of "deadlock" among the parties in the Bitcoin world. In this time, Bitcoin's different stakeholders learned new things about how Bitcoin's network truly operates. The question was: do miners control Bitcoin? Or, do users and nodes control Bitcoin? What is the role of developers? Read this article and watch the accompanying video to learn more.
Bitcoin Magazine Presents the History of Bitcoin Independence Day
This video was provided to Saylor Academy with the permission of Bitcoin Magazine. You can find the original work at https://www.youtube.com/watch?v=ui9JwnB1d-k.