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Author Topic: Upcoming Segwit questions  (Read 348 times)
very_452001 (OP)
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July 12, 2017, 09:20:26 PM
 #1

Hi,

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

Looking at the above segwit timeline I see:

Potential BIP91 activation on 25th July before its deadline on 29th July? Confused, how does BIP91 activate before its own deadline? How do I see real time status of BIP91 and what percentage is required for it to succeed?

Where is the BIP148 deadline? How do I see real time status of BIP148 and what percentage is required for it to succeed?

If either of these 2 segwit's fail to succeed then there's a guaranteed coin split?

Segwit is officially activated in late august-mid september? If so what is BIP91 activation and BIP148 activation?

If segwit is officially activated by late august to mid september to solve bitcoin scalability issues then why is there a need for a segwitx2 hardfork in late october to mid november?

When will all this segwit drama dust be settled by? This Christmas?
metalbean
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July 13, 2017, 07:18:03 AM
 #2

Segwit2x is a short form for Segwit and 2mb block size increase. AKA "take out some data from the block then increase block size".

So I would say people are using SegWit and SegWit2X term interchangeably. Though they are slightly different.

Time wise, it's the last week or ten days or so before August and then just sit and wait for the dust to settle. When it does we will all know Wink
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