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Bitcoin => Bitcoin Discussion => Topic started by: OmegaStarScream on March 29, 2017, 02:44:42 PM



Title: F2Pool owner: "Bitcoin can’t fork and won’t fork."
Post by: OmegaStarScream on March 29, 2017, 02:44:42 PM
He made this statement two days ago: https://twitter.com/f2pool_wangchun/status/846266755391512577
I'm not an expert but isn't SegWit a fork too? If that's the case, does it mean that he won't support any of them(BU or SegWit)?


Title: Re: F2Pool owner: "Bitcoin can’t fork and won’t fork."
Post by: spartacusrex on March 29, 2017, 02:46:47 PM
He's supporting SegWit..

https://cointelegraph.com/news/rip-bitcoin-unlimited-bitcoin-cant-and-wont-fork-f2pool-owner

 :)


Title: Re: F2Pool owner: "Bitcoin can’t fork and won’t fork."
Post by: Lauda on March 29, 2017, 02:51:11 PM
Segwit is a soft fork; a soft fork is backwards compatible and required 95% of the hashrate for activation (as per BIP9). He was referring hard forks, more specifically to the 51% attack, aka BTU.


Title: Re: F2Pool owner: "Bitcoin can’t fork and won’t fork."
Post by: Kprawn on March 29, 2017, 02:51:43 PM
He made this statement two days ago: https://twitter.com/f2pool_wangchun/status/846266755391512577
I'm not an expert but isn't SegWit a fork too? If that's the case, does it mean that he won't support any of them(BU or SegWit)?


Well SegWit is a soft fork, so it is not destructive like a hard fork. If they support neither SegWit nor BU we will never be able to scale. They want

the status quo, because with these small blocks, they can milk the users for more transaction fees. In a way, they might feel like most of us...

because we have to weigh SegWit against BU and both sides have their flaws. { At this stage, BU might have a bit more negative sides }


Title: Re: F2Pool owner: "Bitcoin can’t fork and won’t fork."
Post by: btbrae on March 29, 2017, 03:05:37 PM
So Bitcoin costs more for small transactions, big deal - use Litecoin or one of 1000 altcoins for your small change. I like waking up and knowing my Bitcoin are safe and not in the hands of Roger Ver or some centralized network run by script kiddies.