BREAKING: Bitcoin Miners Reach Scaling Agreement for SegWit Upgrade + 2MB Blocks

[ebliever]

I didn't see any dates as to when they are going to implement Segwit Upgrade. I think this is long overdue. Scaling solution should have been provided to the users because the price is really going up everyday.

Exactly I don't know why the long wait, it's been long overdue and I hope the politicization has ceased because we need a consensus and one mind going forward.

The miners will not implement this. It's a bit like Charlie Brown and Lucy and the football - they will yank it away every time.

The miners are being enriched by the high fees caused by congestion in Bitcoin transaction volumes. Scaling will relieve that pressure causing fees to drop back down to very low levels. So the miners are strongly incentivized to prevent all scaling.

The trick is, they cannot be obvious about it because that would tank the price and kill off Bitcoin. So they have to keep offering "compromises" and "alternatives" like BU's 2MB hardfork, to make it look like they are open to scaling and that a solution is just around the corner. But then there is always some excuse or issue that will come up, leading to more delays.

This is why the UASF BIP148 initiative is so important. It is make-or-break for Bitcoin before the rise of the alt markets overwhelm it. Core has led a principled and conservative opposition to the mining camp, but now it is time for the militia to break camp from the Core devs and launch our own assault on the enemy stronghold, despite Core's remonstrations against the effort.

August 1 is Bitcoin Independence Day.

[Kprawn]

This is a old announcement and some of these parties have already pulled out of this agreement... right? I have said it before... We are not divided

over the technical aspects of this debate, but rather over the role-players in this debate. If you side with for example : Roger Ver {the

person} ...then you will support whatever he is doing. We should shift our focus away from the people behind the proposals and rather look at the

quality of these proposals. 

[franky1]

August 1 is core Tier-dependence Day.

FTFY

P.S
pools did not ask to be the only electorate.. that was lue JR soft exploit 2015.. research it
pools do not care about fee's as much as ensuring they atleast solve a block.. research empty block.
pools care about ensuring they atleast solve a block.. research blocks getting rejected purely out of UASF bias not due to invalid tx's, just brand bias

core conservative?
what have they conserved.
core removed the fee control mechanisms
core introduced new double spend mechanisms of unconfirmed tx bait/switch techniques
core allow a single tx to take up 10-20% of a block


as for this new proposal.. its all still the same group. DCG is still the BS cartel  (BlockStream Barry Silbert)
its the same empty promises since 2015, just glossed over, but not actually any different
wake up

[ebliever]

Come August 1, franky's going to need to find a new line of work. :-)

[25hashcoin]

Come August 1, franky's going to need to find a new line of work. :-)

Enjoy your minority segshit uasf 1mb forever blockscheme settlement shitcoin.

[franky1]

Come August 1, franky's going to need to find a new line of work. :-)

come august first you can have your minority coin.

seems all you care about is double spending and wanting splits. so go be happy in fiat land when you cash out. its people like you that would happily ruin bitcoin for a quick opportunity to double your coin even if the value (tech) becomes less unique.

some people have more smarts to care about bitcoins longevity. not the temporary drama.

P.S no one pays me for my opinion. im self sustainable thanks to knowing more than most and being in earlier than most.

but have a nice cashout day when you fools get the split you been begging for that dosnt offer you the promises sold to you