BIP 101 blocks

[alani123]

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.

[1715118496]

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[1715118496]

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[alh]

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]

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]

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

[Abiky]

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. 

[alani123]

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]

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]

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.

[adamstgBit]

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.  

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