Bitcoin Forum
September 26, 2018, 11:50:50 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Poll
Question: will you be mining BIP 101 blocks?
Yes - 6 (15%)
No - 23 (57.5%)
IDK i will go with majority once it becomes clear - 3 (7.5%)
I do not mine but support XT - 4 (10%)
I do not mine but am not supporting XT - 4 (10%)
Total Voters: 40

Pages: « 1 [2]  All
  Print  
Author Topic: BIP 101 blocks  (Read 2728 times)
alani123
Legendary
*
Offline Offline

Activity: 1792
Merit: 1038


View Profile
August 26, 2015, 03:56:18 PM
 #21

I really have just one question.

Will my 6 TH in mining hardware sill work if the community switches?

My mining hardware investment has paid for itself, but it seems like the Bitcoin I'd prefer to use to replace my rigs, if I had to, would be worthless.

It's quite early to worry about that. The 'vote' that's taking place right now is just pools adding a small chunk of text in the coinbase of each block. Even bitcoin XT's parameters indicate that the fork cannot be triggered before January 2016.
1537962650
Hero Member
*
Offline Offline

Posts: 1537962650

View Profile Personal Message (Offline)

Ignore
1537962650
Reply with quote  #2

1537962650
Report to moderator
Make a difference with your Ether.
Donate Ether for the greater good.
SPRING.WETRUST.IO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537962650
Hero Member
*
Offline Offline

Posts: 1537962650

View Profile Personal Message (Offline)

Ignore
1537962650
Reply with quote  #2

1537962650
Report to moderator
1537962650
Hero Member
*
Offline Offline

Posts: 1537962650

View Profile Personal Message (Offline)

Ignore
1537962650
Reply with quote  #2

1537962650
Report to moderator
1537962650
Hero Member
*
Offline Offline

Posts: 1537962650

View Profile Personal Message (Offline)

Ignore
1537962650
Reply with quote  #2

1537962650
Report to moderator
alh
Legendary
*
Offline Offline

Activity: 1540
Merit: 1011


View Profile
August 26, 2015, 04:01:04 PM
 #22

So, at the present time is the label "BIP101" the same as "XT"? This whole thing is a complete fiasco (IMHO), and leads to massive confusion and questions. Makes me wonder if we won't have to worry about a 51% attack so much as internal self destruction.
alani123
Legendary
*
Offline Offline

Activity: 1792
Merit: 1038


View Profile
August 26, 2015, 04:17:04 PM
 #23

So, at the present time is the label "BIP101" the same as "XT"? This whole thing is a complete fiasco (IMHO), and leads to massive confusion and questions. Makes me wonder if we won't have to worry about a 51% attack so much as internal self destruction.

Well, XT is in support of BIP101 but I'm suspecting that Mike and Gavin are also pushing for BIP101 acceptance instead of the whole package (BIP101 + bitcoinXT). In this document signed by CEOs of bitcoin related companies XT isn't even mentioned once.

http://blog.blockchain.com/2015/08/24/industry-endorses-bigger-blocks-and-bip101/
Carlton Banks
Legendary
*
Offline Offline

Activity: 2128
Merit: 1339



View Profile
August 26, 2015, 06:20:33 PM
 #24

So, at the present time is the label "BIP101" the same as "XT"? This whole thing is a complete fiasco (IMHO), and leads to massive confusion and questions. Makes me wonder if we won't have to worry about a 51% attack so much as internal self destruction.

Well, XT is in support of BIP101 but I'm suspecting that Mike and Gavin are also pushing for BIP101 acceptance instead of the whole package (BIP101 + bitcoinXT). In this document signed by CEOs of bitcoin related companies XT isn't even mentioned once.

http://blog.blockchain.com/2015/08/24/industry-endorses-bigger-blocks-and-bip101/

he means no. They're different

Vires in numeris
Abiky
Legendary
*
Offline Offline

Activity: 1134
Merit: 1006


One of the world's leading Bitcoin-powered casinos


View Profile
August 26, 2015, 07:06:52 PM
 #25

I really don't think that Bitcoin XT will survive. So my decision is that I won't mine BIP 101 blocks. I'll just stick with the good old Bitcoin Core.  Smiley

alani123
Legendary
*
Offline Offline

Activity: 1792
Merit: 1038


View Profile
August 26, 2015, 07:35:22 PM
 #26

So, at the present time is the label "BIP101" the same as "XT"? This whole thing is a complete fiasco (IMHO), and leads to massive confusion and questions. Makes me wonder if we won't have to worry about a 51% attack so much as internal self destruction.

Well, XT is in support of BIP101 but I'm suspecting that Mike and Gavin are also pushing for BIP101 acceptance instead of the whole package (BIP101 + bitcoinXT). In this document signed by CEOs of bitcoin related companies XT isn't even mentioned once.

http://blog.blockchain.com/2015/08/24/industry-endorses-bigger-blocks-and-bip101/

he means no. They're different
Sure they're different, bitcoinXT is a full node and BIP101 is a Bitcoin Improvement Proposal. But Both are made by the same person and essentially go hand by hand since bitcoinXT is currently the only full client supporting BIP101. So in the end of te day, they're not that far appart.
alh
Legendary
*
Offline Offline

Activity: 1540
Merit: 1011


View Profile
August 26, 2015, 10:13:09 PM
 #27

So, if BIP101 doesn't get adopted, does that most likely mean that XT goes down with it?

I assume that BIP100 can get adopted without adopting XT and whatever is buried inside XT?

I sometimes think think that folks are arguing very fine distinctions that don't really matter in the end. My general sense is that while not the same, BIP101 and XT are "joined at the hip", and not really separable at this time.
-ck
Moderator
Legendary
*
Offline Offline

Activity: 2660
Merit: 1143


Ruu \o/


View Profile WWW
August 26, 2015, 11:51:32 PM
 #28

I sometimes think think that folks are arguing very fine distinctions that don't really matter in the end. My general sense is that while not the same, BIP101 and XT are "joined at the hip", and not really separable at this time.
You are spot on with that observation. People like splitting hairs by saying "it's a vote for bigger blocks, not XT" or "it's a vote for BIP 101 not XT" or "any vote for 8MB is a vote for BIP 101" or "any vote for 8MB is a vote for XT"...

All in all it's a load of bullshit. Most pools want bigger blocks long term, but not BIP 101 nor XT. That is all. The ONLY push for BIP 101 now is the XT client or stripped down XT.

Developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org, 1% Fee Solo mining at solo.ckpool.org
-ck
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1002


Trusted Bitcoiner


View Profile WWW
August 27, 2015, 02:19:17 AM
 #29

I really don't think that Bitcoin XT will survive. So my decision is that I won't mine BIP 101 blocks. I'll just stick with the good old Bitcoin Core.  Smiley

ya XT is a flop
you should read the BIP100 proposal tho...

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!