KNCMiner changes position, now suports BIP100

[alani123]

KNCMiner joins the rapidly growing list of mining pools to support BIP100. Those pools include the following:

• Bitfury
• f2pool
• Kano pool
• Bitclub
• BTCChina
• KNC
• 21 Inc
• CKPool Solo

In specific, KNCMiner's support towards BIP100 was partly unexpected. Just days before they started mining blocks tagged with BIP100 in their coinbase their CEO had signed a public letter in support of BIP101. They did release a statement through their twitter that they believe in both but not many were expecting them to start showing full on support towards BIP100 through their mined blocks.

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[iCEBREAKER]

KNCMiner joins the rapidly growing list of mining pools to support BIP100. Those pools include the following:

• Bitfury
• f2pool
• Kano pool
• Bitclub
• BTCChina
• KNC
• 21 Inc
• CKPool Solo

In specific, KNCMiner's support towards BIP100 was partly unexpected. Just days before they started mining blocks tagged with BIP100 in their coinbase their CEO had signed a public letter in support of BIP101. They did release a statement through their twitter that they believe in both but not many were expecting them to start showing full on support towards BIP100 through their mined blocks.

So much for KNC's very brave choice to be the first defector from Bitcoin Core.

What a shame, I would have been so happy to buy their products with my XTcoins.   

[eleuthria]

So much for KNC's very brave choice to be the first defector from Bitcoin Core.

What a shame, I would have been so happy to buy their products with my XTcoins.  

As of right now, BIP 100 is also defecting from Bitcoin Core.

There's 3 options:
1) No change (bitcoin core as it stands today)
2) Bitcoin With BIP100 Hardfork (doesn't have an implementation in ANY client)
3) Bitcoin With BIP101 Hardfork (has an implementation in Bitcoin XT client)


Unless BIP100 actually get implemented into Bitcoin core, it's the same situation as BIP101 with XT.  XT as of today is literally just Core+BIP101.  The client has other features, but the only protocol level change is BIP101 enforcement once certain criteria are met.

[iCEBREAKER]

So much for KNC's very brave choice to be the first defector from Bitcoin Core.

What a shame, I would have been so happy to buy their products with my XTcoins.  

As of right now, BIP 100 is also defecting from Bitcoin Core.

There's 3 options:
1) No change (bitcoin core as it stands today)
2) Bitcoin With BIP100 Hardfork (doesn't have an implementation in ANY client)
3) Bitcoin With BIP101 Hardfork (has an implementation in Bitcoin XT client)


Unless BIP100 actually get implemented into Bitcoin core, it's the same situation as BIP101 with XT.  XT as of today is literally just Core+BIP101.  The client has other features, but the only protocol level change is BIP101 enforcement once certain criteria are met.

In one (MPEX's 1MB 4EVR) particular interpretation, BIP 100 is "also defecting from Bitcoin Core."  But it's still vaporware and the specifics (zomg 20th percentile?!?  Blockstream conspiracy!1!!) are being fleshed out.

As you note, there is no implementation in ANY client.  Given the climate and timing, I agree with this:

BIP100 support could probably be interpreted as a vote specifically against bitcoinXT and BIP101.

IFF BIP100 continues through the process and is eventually accepted by the socioeconomic majority, it will become (the latest iteration of) Core.

I know you know that, and am thus perplexed why you conflate 100's use of proper/proven channels with XT's reckless governance coup.   

[kano]

So much for KNC's very brave choice to be the first defector from Bitcoin Core.

What a shame, I would have been so happy to buy their products with my XTcoins.  

As of right now, BIP 100 is also defecting from Bitcoin Core.

There's 3 options:
1) No change (bitcoin core as it stands today)
2) Bitcoin With BIP100 Hardfork (doesn't have an implementation in ANY client)
3) Bitcoin With BIP101 Hardfork (has an implementation in Bitcoin XT client)


Unless BIP100 actually get implemented into Bitcoin core, it's the same situation as BIP101 with XT.  XT as of today is literally just Core+BIP101.  The client has other features, but the only protocol level change is BIP101 enforcement once certain criteria are met.

XT is more than just Core+BIP101 - it's other client changes and not tested at the level core is when implementing changes.

I've personally not checked where it is at with handling > 32MB blocks either - since that is also a hard fork to the protocol.

What 'would' have happened is Core 'would' have gone BIP101 or BIP100 - since of course if they ignore both they, the pools themselves would 'resolve' the issue.

However, since BIP100 already has ~60% of the blocks and with a Bitmain change would be over 80% of the blocks, Core has no choice but to go BIP100 or cause more issues than Gavin.
FYI it was a Bitmain person who suggested adding /BIP100/ to me ... so we did

The voting we are doing is to say we don't want XT or BIP101 and that Core should get around to doing what jgarzik suggested for core

[alani123]

My understanding is that BIP100 is a vote against BIP101, and has now gained support by the overwhelming majority of miners. It also seems unlikely that what Mike Hearn refers to as the 'economic majority' will veto BIP100 support if an agreement starts forming around it.

What I find hard predicting though is the reaction of the XT supporting minority. so far it doesn't seem like they're positive about BIP100 despite the support it has been receiving by miners. It's almost like their argument has stopped being about bigger blocks but about whose proposal bitcoin should follow.

[21million]

It would be inefficient not to go with bip100.