Bitcoin Forum
October 21, 2017, 03:59:03 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Bitcoin Core to Release SegWit in November  (Read 1792 times)
OmegaStarScream
Staff
Legendary
*
Offline Offline

Activity: 1078



View Profile
October 22, 2016, 05:44:20 AM
 #1

Segregated Witness, Bitcoin Core’s innovative scaling solution, is expected to be released on November 15, in Bitcoin Core’s 0.13.1 release.

Bitcoin Core developer Pieter Wuille made the announcement in the Bitcoin-dev mailing list, in which he stated that BIP 141, or the SegWit soft fork proposal, could be activated on the 15th of November if the 95% hashpower validation threshold is reached.

If this happens (the release on the 15th November) , how much more time It should take to see the Lightning network fully functional ?

source : https://cointelegraph.com/news/ready-steady-fork-bitcoin-core-to-release-segwit-in-november

1508601543
Hero Member
*
Offline Offline

Posts: 1508601543

View Profile Personal Message (Offline)

Ignore
1508601543
Reply with quote  #2

1508601543
Report to moderator
1508601543
Hero Member
*
Offline Offline

Posts: 1508601543

View Profile Personal Message (Offline)

Ignore
1508601543
Reply with quote  #2

1508601543
Report to moderator
1508601543
Hero Member
*
Offline Offline

Posts: 1508601543

View Profile Personal Message (Offline)

Ignore
1508601543
Reply with quote  #2

1508601543
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508601543
Hero Member
*
Offline Offline

Posts: 1508601543

View Profile Personal Message (Offline)

Ignore
1508601543
Reply with quote  #2

1508601543
Report to moderator
1508601543
Hero Member
*
Offline Offline

Posts: 1508601543

View Profile Personal Message (Offline)

Ignore
1508601543
Reply with quote  #2

1508601543
Report to moderator
Carlton Banks
Legendary
*
Offline Offline

Activity: 1792



View Profile
October 22, 2016, 10:20:26 AM
 #2

Big thanks to Pieter Wuille in particular for the major coding effort on Segwit. With a little luck, maybe the 13.1 client will get out of release candidate stage earlier than November 15th Smiley Here's to a Christmas holidays activation! Cheesy



There's somewhere around 5 or 6 different Lightning implementations, the teams behind them are apparently collaborating to make each different system interoperable with the others. I suspect they won't take long to test before they roll out beta versions, it's unlikely we'll end up using 6+ different implementations once the tech is mature, and everyone knows the first viable product to market gets a psychological boost.



Vires in numeris
helloeverybody
Hero Member
*****
Offline Offline

Activity: 812


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
October 22, 2016, 10:29:16 AM
 #3

Whats the consensus on segwit actually being used? Is this definitely going ahead or are miners vetoing against this? Ive got lost in the argument over bigger blocks/segwit etc and not too sure what is actually likely to happen. I may have picked it up wrong but i thought there was a possibility that this may not be adopted?

Slark
Legendary
*
Offline Offline

Activity: 1302



View Profile
October 22, 2016, 10:48:09 AM
 #4

Anyone read through this - https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1 yet?

Whats the consensus on segwit actually being used?

SegWit is a soft fork so it won't need full consensus, I was under the impression that only hard forks requires this, am I wrong?


BitcoinHodler
Hero Member
*****
Offline Offline

Activity: 672


I've made >1700% profit just by hodling since 2015


View Profile
October 22, 2016, 10:58:41 AM
 #5

.... if the 95% hashpower validation threshold is reached.

is there any way that we can follow this online to see how much hashpower is dedicated to SegWit right now?

i am looking for something similar to those sites that showed some pie charts for previous suggestions like classic, xt, ...














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
Carlton Banks
Legendary
*
Offline Offline

Activity: 1792



View Profile
October 22, 2016, 11:33:31 AM
 #6

.... if the 95% hashpower validation threshold is reached.

is there any way that we can follow this online to see how much hashpower is dedicated to SegWit right now?

Pieter probably will have a chart at bitcoin.sipa.be tracking the blocks signalling support, he did that for the previous soft forks.

Vires in numeris
franky1
Legendary
*
Offline Offline

Activity: 1834



View Profile
October 22, 2016, 11:59:57 AM
 #7

Anyone read through this - https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1 yet?

Whats the consensus on segwit actually being used?

SegWit is a soft fork so it won't need full consensus, I was under the impression that only hard forks requires this, am I wrong?

hard requires node consensus followed by miner consensus (2 stages)
soft requires miner consensus(1 stage)

but miners are not just going to run their code in november as their main implementation. flagging blocks..
they are going to review it and run it in th background for a bit before making it their main implementation.
and then there will be time to accumulate to 95% of pools to have it as their main implementation..
and then there is the month of all pools holding at 95%,
followed by a grace period.

id be surprised if any miner is flagging blocks 1 hour after code release. as that shows they are not double checking things.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
Velkro
Legendary
*
Offline Offline

Activity: 1232


<3 Vanity Addresses :)


View Profile
October 22, 2016, 12:06:46 PM
 #8

Segregated Witness, Bitcoin Core’s innovative scaling solution, is expected to be released on November 15, in Bitcoin Core’s 0.13.1 release.

At last some scaling soon ready Smiley, it will boost bitcoin, hope no critical code failure anywhere in form of a bug.

helloeverybody
Hero Member
*****
Offline Offline

Activity: 812


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
October 22, 2016, 12:15:43 PM
 #9

Anyone read through this - https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1 yet?

Whats the consensus on segwit actually being used?

SegWit is a soft fork so it won't need full consensus, I was under the impression that only hard forks requires this, am I wrong?

hard requires node consensus followed by miner consensus (2 stages)
soft requires miner consensus(1 stage)

but miners are not just going to run their code in november as their main implementation. flagging blocks..
they are going to review it and run it in th background for a bit before making it their main implementation.
and then there will be time to accumulate to 95% of pools to have it as their main implementation..
and then there is the month of all pools holding at 95%,
followed by a grace period.

id be surprised if any miner is flagging blocks 1 hour after code release. as that shows they are not double checking things.

Feel free to mock me here as i dont understand this as well as most but with viabtc having 7.9% of the mining power then will this not mean that they will never accept segwit and so it will never actually be activated or does thge share that they mine not count because they are in theory mining an alt?

achow101
Staff
Legendary
*
Offline Offline

Activity: 1190


17kKQppUsngUiByDsce4JXoZEjjpvX9bpR


View Profile WWW
October 22, 2016, 12:41:54 PM
 #10

Segregated Witness, Bitcoin Core’s innovative scaling solution, is expected to be released on November 15, in Bitcoin Core’s 0.13.1 release.

Bitcoin Core developer Pieter Wuille made the announcement in the Bitcoin-dev mailing list, in which he stated that BIP 141, or the SegWit soft fork proposal, could be activated on the 15th of November if the 95% hashpower validation threshold is reached.

If this happens (the release on the 15th November) , how much more time It should take to see the Lightning network fully functional ?

source : https://cointelegraph.com/news/ready-steady-fork-bitcoin-core-to-release-segwit-in-november
This is not entirely true.

Bitcoin Core 0.13.1 should be released sometime in the next week or so, before November 15th. The BIP 9 Start time of November 15th means that miners can start signalling support for Segwit AND nodes will begin actually counting the blocks with support to check for the 95% threshold. The soft fork cannot be activated on November 15th because it requires two full retarget periods. There must be a retarget period of 2016 blocks where 1915 blocks signal support and then another 2016 blocks of a grace period to allow people to upgrade their nodes prior to activation. This means that Segwit can activate at an earliest of ~4 weeks after November 15th in mid December.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Cryptogott
Jr. Member
*
Offline Offline

Activity: 50


View Profile
October 22, 2016, 12:44:36 PM
 #11

What is SegWit? I don't understand why is the big fuss about it? It sure sounds like HalfWit to me. I hope it is an amazing thing.
achow101
Staff
Legendary
*
Offline Offline

Activity: 1190


17kKQppUsngUiByDsce4JXoZEjjpvX9bpR


View Profile WWW
October 22, 2016, 12:47:42 PM
 #12

What is SegWit? I don't understand why is the big fuss about it? It sure sounds like HalfWit to me. I hope it is an amazing thing.
Segwit is short for Segregated Witness. It is a consensus change that is backwards compatible that will remove the issue of transaction malleability and provide capacity increases to Bitcoin.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
franky1
Legendary
*
Offline Offline

Activity: 1834



View Profile
October 22, 2016, 01:11:35 PM
 #13

Anyone read through this - https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1 yet?

Whats the consensus on segwit actually being used?

SegWit is a soft fork so it won't need full consensus, I was under the impression that only hard forks requires this, am I wrong?

hard requires node consensus followed by miner consensus (2 stages)
soft requires miner consensus(1 stage)

but miners are not just going to run their code in november as their main implementation. flagging blocks..
they are going to review it and run it in th background for a bit before making it their main implementation.
and then there will be time to accumulate to 95% of pools to have it as their main implementation..
and then there is the month of all pools holding at 95%,
followed by a grace period.

id be surprised if any miner is flagging blocks 1 hour after code release. as that shows they are not double checking things.

Feel free to mock me here as i dont understand this as well as most but with viabtc having 7.9% of the mining power then will this not mean that they will never accept segwit and so it will never actually be activated or does thge share that they mine not count because they are in theory mining an alt?

technically.
if 92% of pools started accepting segwit transactions into blocks (early) all that happens is the 8% wont accept the tx. so lets say the next block was solved by the 8%.. it wont contain the tx and ur waiting for a pool in the 92% to solve a block. basically the same game theory as 8% reject tx's with low fees and 92% accept any tx. its just a waiting game for a pool that likes your tx to solve a block including it.

but pools should wait for 95%+ to ensure there is little orphan risk if a bug causes disagreement, thus an orphan across the network

what concerns me is if pools just throw 0.132 online without review.
what concerns me is if pools just throw 0.132 without taking the code and adapting it to their own diverse code base
what concerns me is if pools just throw 0.132 online and everyone is running just one brand.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
Shiroslullaby
Sr. Member
****
Offline Offline

Activity: 434



View Profile
October 22, 2016, 01:26:32 PM
 #14

I'm trying to find more info on a point Matt Corallo brought up.
Hopefully someone who knows a lot more about Bitcoin programming can explain this further-

Quote
You keep calling flexible transactions “safer”, and yet you haven’t mentioned that the current codebase is riddled with blatant and massive security holes. For example, you seem to have misunderstood C++’s memory model – you would have no less than three out-of-bound, probably exploitable memory accesses in your 80-LoC deserialize method at https://github.com/bitcoinclassic/bitcoinclassic/blob/develop/src/primitives/transaction.cpp#L119 if you were to turn on flexible transactions (and I only reviewed that method for 2 minutes). If you want to propose an alternative to a community which has been in desperate need of fixes to many problems for several years, please do so with something which would not take at least a year to complete given a large team of qualified developers.

Carlton Banks
Legendary
*
Offline Offline

Activity: 1792



View Profile
October 22, 2016, 01:31:27 PM
 #15

I'm trying to find more info on a point Matt Corallo brought up.
Hopefully someone who knows a lot more about Bitcoin programming can explain this further-

He's talking to Bitcoin "Classic" programmer Tom Zander about his inability to grasp the safety of the the length of the prescribed fallow period during the soft fork (the 2016 blocks where non-miners upgrade to 12.2/13.1 after lock-in). Even Tom's (former?) lead developer Gavin Andersen disagreed with him, lol

Vires in numeris
Meuh6879
Legendary
*
Offline Offline

Activity: 1400



View Profile
October 22, 2016, 03:56:29 PM
 #16

segwit are already in service on Bitcoin network : https://bitcointalk.org/index.php?topic=1594650.msg16624848#msg16624848
achow101
Staff
Legendary
*
Offline Offline

Activity: 1190


17kKQppUsngUiByDsce4JXoZEjjpvX9bpR


View Profile WWW
October 22, 2016, 04:37:11 PM
 #17

segwit are already in service on Bitcoin network : https://bitcointalk.org/index.php?topic=1594650.msg16624848#msg16624848
No. Segwit is not active yet. Bitcoin Core 0.13.1 will be advertising the NODE_WITNESS service though in preparation for segwit activation. As of now, it means nothing.

          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
.
|
.
|
          ▄█████▄
        ▄█████████▄
      ▄████▀   ▀████▄
    ▄████▀   ▄ ▄█▀████▄
  ▄████▀   ▄███▀   ▀████▄
▄████▀   ▄███▀   ▄   ▀████▄
█████   ███▀   ▄███   █████
▀████▄   ▀██▄▄███▀   ▄████▀
  ▀████▄   ▀███▀   ▄████▀
    ▀████▄       ▄████▀
      ▀████▄   ▄████▀
        ▀███  ████▀
          ▀█▄███▀
unthy
Kprawn
Legendary
*
Offline Offline

Activity: 1274


It is better to burn out, than to fade away.


View Profile WWW
October 22, 2016, 07:16:41 PM
 #18

I would have actually wanted to see it sooner, so that the bugs.. if there were any, could be sorted out before the Xmas season started.

We do not want to be in a testing phase, when the holidays hits us and we start buying presents for Xmas. Oh, better late than never, or

so they say.  Roll Eyes

▄██████████████████████████████████████████████████████████████████▀███▀███▄
████████████████████████████████████████████████████████████████████▄▀▄█████
███████████████████████████████████████████████████████████████████▀▄█▄▀████

███▀▀▀▀▀▀▀▀██████▀▀▀████████▀▀▀██▀▀▀███████████▀▀▀██▀▀▀▀▀▀▀▀████████▀▀▀█████
███          ▀███   ████████   ██    ▀█████████   ██           ▀████   █████
███   █████▄   ██   ████████   ██      ▀███████   ██   ██████▄   ███   █████
███   ██████   ██   ████████   ██   █▄   ▀█████   ██   ████████   ██   █████
███   █████▀   ██   ████████   ██   ███▄   ▀███   ██   ████████   ██   █████
███          ▄███   ▀██████▀   ██   █████▄   ▀█   ██   ███████▀   ██   █████
███   ▄▄▄▄▄███████   ▀▀▀▀▀▀   ███   ███████▄      ██   ▀▀▀▀▀▀   ▄███   █████
███   █████████████▄        ▄████   █████████▄    ██        ▄▄▄█████   █████
████████████████████████████████████████████████████████████████████████████
▀██████████████████████████████████████████████████████████████████████████▀
  BUY
  SELL
ACCEPT
   ███████████████████████████
  .CRYPTOCURRENCY..
███████████████████████████
.



 Senior Member


██████████████████████████████████████████████████████████████████▄   ▄
███████████████████████████████████████████████████████████████████▀▄▀
██████████████████████████████████████████████████████████████████▄▀ ▀▄
  ▄▄▄▄▄▄▄▄      ▄▄▄        ▄▄▄  ▄▄▄           ▄▄▄  ▄▄▄▄▄▄▄▄▄       ▄▄▄
  ██████████▄   ███        ███  ████▄         ███  ███████████▄    ███
  ███     ▀███  ███        ███  ██████▄       ███  ███      ▀███   ███
  ███      ███  ███        ███  ███ ▀███▄   
calkob
Hero Member
*****
Offline Offline

Activity: 686


View Profile
October 22, 2016, 07:21:51 PM
 #19

I cant wait for this release, i hope it sends bitcoin to the moon.  Although i would have to say if it make bitcoin work better i will be more impressed...... Smiley
franky1
Legendary
*
Offline Offline

Activity: 1834



View Profile
October 22, 2016, 08:34:58 PM
 #20

remember folks. its not just getting miners to allow tx's into blocks. its also merchants changing their wallets to have new keys to be able to "spend" funds if they too want to use segwit..

if its active by christmas then miners have not done any testing on the side.
if merchants have the nodes before christmas, then they too have not done any testing.
if 95% of "segwit" is purely core0.132 and not peoples own implementations of the code. there is no point having distribution apart from worries of power cuts and data loss.

seems the people that want it running before christmas are sounding like they care less about testing, care less about security and more about bitcoin price.

and ontop of that the majority that have this careless nature are mostly people that do not even run a full node in the first place
kind of funny that the "slow careful and smart testing mindset defending cores delays" turns into "before christmas, before christmas before christmas"

anyone wanting it active and in full use before christmas should be tagged as fiat loving bitcoin security hating nutters.
if those same people have previously shouted how any other proposal needs months of review and months of grace period. should be tagged as hypocritical fiat loving bitcoin security hating nutters

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
Pages: [1] 2 3 »  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!