Segwit2x Indefinite Suspension: Better Moments Ahead For Bitcoin?

The Bitcoin hard fork which was scheduled to occur around Nov. 16 following a proposal called SegWit2x, which would have split the digital currency in two has been suspended indefinitely until there is more agreement in the bitcoin community. This occurred after more and more major bitcoin developers relinquished their support for the upgrade in the last few months.

This news was announced few hours ago by Mike Belshe, the CEO and co-founder of bitcoin wallet software provider BitGo, who is also one of the leaders of the segwit2x project in a SegWit2x mailing list which was also signed by other prominent leaders of the project; Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith and Erik Voorhees.

Do you think this would help greatly in improving the legacy chain, while focusing more on solving the scaling problem? Let's view your thoughts in the comment section below.