Bitcoin Forum
May 30, 2024, 11:02:32 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-10-19]Bitcoin Core to Get SegWit Soon, Still a Long Way to Go...  (Read 407 times)
BTCBinary (OP)
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
October 19, 2016, 11:33:40 AM
 #1

Bitcoin Core to Get SegWit Soon, Still a Long Way to Go for Implementation

The Bitcoin protocol may soon expect few changes to happen for good. Segregated Witness, also known as SegWit, which happens to be one of the scalability solutions is finally ready for release.

The Bitcoin Core development team has reportedly fixed most of the issues related to SegWit v 0.13.1 software package. The latest version is almost ready to go live in its current state by Monday. However, it may take at least a year for it to be implemented as it still needs to garner support from 95 percent of the mining community...

http://www.newsbtc.com/2016/10/18/bitcoin-core-segwit-ready/
Carlton Banks
Legendary
*
Offline Offline

Activity: 3430
Merit: 3074



View Profile
October 19, 2016, 02:42:23 PM
 #2

1 year?

It takes 4032 blocks to fully activate. That's more like 1 month. Who employs journalists that make mistakes as serious as that?

Vires in numeris
yayayo
Legendary
*
Offline Offline

Activity: 1806
Merit: 1024



View Profile
October 19, 2016, 03:02:49 PM
 #3

It's great to see Segregated Witness finally being launched. It was an big endeavor to roll this out and Core team did extensive testing to ensure that there are no bugs. So it's not surprising that it took a long time from the first idea to the actual implementation, which was a non-trivial task.

Now that SegWit is ready I think it will be adopted very fast, because people see the tangible benefits it offers in terms of block storage capacity and security. I'm pretty sure we will see SegWit activating before the end of this year. The smear campaigns and FUD propaganda of guys like Roger Ver are to no avail. ViaBTC has already stopped its blockade tactic.

ya.ya.yo!

.
..1xBit.com   Super Six..
▄█████████████▄
████████████▀▀▀
█████████████▄
█████████▌▀████
██████████  ▀██
██████████▌   ▀
████████████▄▄
███████████████
███████████████
███████████████
███████████████
███████████████
▀██████████████
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████       
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████     
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
.
Premier League
LaLiga
Serie A
.
Bundesliga
Ligue 1
Primeira Liga
.
..TAKE PART..
Das
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
October 20, 2016, 02:56:19 AM
 #4

Segwit launching by the end of this year is a little too optimistic, say sometime in February.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!