Shocking: Small amount of chinese miners block 88% of segwit support by services

[-ck]

The link you refers to shows 46% explicit support, and 42% prepared / ready.

My service moved from supported to ready; i.e. ready is a HIGHER status for me than support. I am definitely supporting AND ready. While it is distinctly possible that a service may be "ready" without explicitly stating they are supporting segwit, the vast majority have moved to ready as a result of making their service ready because they support it.

[Wind_FURY]

https://coin.dance/poli

As of today, 88% wants segwit. EC (BUcoin) has a bigger rejection rate than UASF, which is revealing. As we have seen with LTC, the price rises along with the segwit hashrate (and we'll see an ATH due BTC's inability to get to enjoy segwit, thus blocking LN development efforts, since segwit provides for full capacity LN and other features needed for proper payment channel functionality).

A small amount of miners (how many really? Jihan Wu? and a couple other pools, no more than 5 guys) are blocking hundreds of people involved in BTC services, exchanges and so on.

They also go against node majority.

Segwit is officially held hostage by a tiny amount of miners with a hashrate monopoly, probably state-sponsored. Meanwhile, LTC will eat BTC's lunch as segwit activates.

Then maybe that is the real purpose of Jihan Wu and his allies. They want to maintain the same existing conditions in Bitcoin because it is at a advantage to them while they want to change things up in Litecoin because there might be a profit motive for them to do it. This shows the real power the Chinese miners have.

[jonald_fyookball]

https://coin.dance/poli

As of today, 88% wants segwit. EC (BUcoin) has a bigger rejection rate than UASF, which is revealing. As we have seen with LTC, the price rises along with the segwit hashrate (and we'll see an ATH due BTC's inability to get to enjoy segwit, thus blocking LN development efforts, since segwit provides for full capacity LN and other features needed for proper payment channel functionality).

A small amount of miners (how many really? Jihan Wu? and a couple other pools, no more than 5 guys) are blocking hundreds of people involved in BTC services, exchanges and so on.

They also go against node majority.

Segwit is officially held hostage by a tiny amount of miners with a hashrate monopoly, probably state-sponsored. Meanwhile, LTC will eat BTC's lunch as segwit activates.

^ meaningless rhetoric.  The miners will decide the longest chain and don't care about your opinion.  Go sell your BTC and buy LTC if you love segwit.

[AngryDwarf]

The link you refers to shows 46% explicit support, and 42% prepared / ready.

My service moved from supported to ready; i.e. ready is a HIGHER status for me than support. I am definitely supporting AND ready. While it is distinctly possible that a service may be "ready" without explicitly stating they are supporting segwit, the vast majority have moved to ready as a result of making their service ready because they support it.

Then we are arguing over meaningless stats, since the definition of the stats is not well defined.
If I was a business, I would probably be segwit ready. But that does not mean that I think it is the best solution.

[Wind_FURY]

https://coin.dance/poli

As of today, 88% wants segwit. EC (BUcoin) has a bigger rejection rate than UASF, which is revealing. As we have seen with LTC, the price rises along with the segwit hashrate (and we'll see an ATH due BTC's inability to get to enjoy segwit, thus blocking LN development efforts, since segwit provides for full capacity LN and other features needed for proper payment channel functionality).

A small amount of miners (how many really? Jihan Wu? and a couple other pools, no more than 5 guys) are blocking hundreds of people involved in BTC services, exchanges and so on.

They also go against node majority.

Segwit is officially held hostage by a tiny amount of miners with a hashrate monopoly, probably state-sponsored. Meanwhile, LTC will eat BTC's lunch as segwit activates.

^ meaningless rhetoric.  The miners will decide the longest chain and don't care about your opinion.  Go sell your BTC and buy LTC if you love segwit.

I believe it is all going there. The hesitance of the miners to activate Segwit could make developers have interest to develop on Litecoin more. Correct me if I am wrong but Segwit does open up the possibility for Bitcoin or Litecoin to have smart contracts for the network, yes?