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Title: Veteran Bitcoin expert Trace Mayer : SegWit and the Market. Post by: Meuh6879 on July 31, 2017, 09:59:49 PM Source : http://www.zerohedge.com/news/2017-07-31/crypto-veteran-explains-bitcoins-software-update-and-recent-price-moves
Quote Miners could be liars. They’ve proven that in the past when they have signaled falsely. So you get all types of Machiavellian games. But it does appear that we’ve gotten consensus. People are starting to signal they are going for SegWit and people are relying on that. It’s really not in the miners’ best interest to disrupt this process any more than they already have. They stand to lose the most amount of money because they’re the only ones who have to actively choose which fork to follow, and that has the economic consequences. Everybody else can just sit and hold and see how it plays out but doesn’t have to make an economic choice. Simple article to introduce the Network Bitcoin Evolution to others parties. |