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Author Topic: F2Pool started signalling Segwit  (Read 5576 times)
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March 31, 2017, 08:52:52 PM
 #1



https://www.blocktrail.com/BTC/block/000000000000000001a04ace6390273bcecbe2b07603853987306c2c72723042

The weird part is that it is signalling so many things at once, besides BU! Is F2Pool trolling? Cheesy Stay tuned for a follow-up list.

Note: It has also started signalling Segwit on LTC less than 1 hour ago.

According to the coinbase, they may be also signalling for BU.

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March 31, 2017, 09:04:13 PM
 #2

I would like to believe that they are simply pragmatic Wink Is the world really turning into a good one?

Anyway, good news, I think. As F2Pool is a very strong pool, they alone can bring Segwit signalling near 50% - and even some Unlimited supporters (Roger Ver) have stated that they would support it once it achieved support by the majority.

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March 31, 2017, 09:07:48 PM
 #3

The weird part is that it is signalling so many things at once, besides BU! Is F2Pool trolling? Cheesy Stay tuned for a follow-up list.

I don't think its weird. F2Pool is pool for everybody, so it SHOULD represent views of as much people as it can.
They just doing it.

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March 31, 2017, 09:08:52 PM
 #4

I would like to believe that they are simply pragmatic Wink Is the world really turning into a good one?
Here's another block (although it doesn't answer the question as to why they are signalling so many things; maybe they just support all of those):



Anyway, good news, I think. As F2Pool is a very strong pool, they alone can bring Segwit signalling near 50% - and even some Unlimited supporters (Roger Ver) have stated that they would support it once it achieved support by the majority.
We shall see whether Ver is a man of his word or not. It is clear that the supermajority of users, experts, and companies (economy) are in favor of Segwit and/or against BU.

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March 31, 2017, 09:10:22 PM
 #5

-snip-
The weird part is that it is signalling so many things at once, besides BU! Is F2Pool trolling? Cheesy Stay tuned for a follow-up list.
-snip-

occasional?
I really hope that they don't take this as a joke and if they really want to support segwit they'll continue signaling.

We'll see in the following blocks mined by F2Pool.

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March 31, 2017, 09:10:29 PM
 #6

They're really messing with everyone now.  If they actually start signalling for it it'll completely turn around the debate though - as soon as SegWit is over half most people will know that it's the solution to go with and its popularity will go way up.  Maybe it would even stop some of the annoying FUD and Ethereum peddling.
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March 31, 2017, 09:10:49 PM
 #7

Might not be that wierd. What if they do support all they signal for? Or maybe just want to give their users a voice just like Slush.
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March 31, 2017, 09:13:41 PM
 #8

Well this is going to change things. F2pool is about 12% of the hashrate which pushes segwit to 39% (+/- the regular variance). It also pushes BU from 37 to 49%. However segwit signalling counts towards software activation whereas BU flagging doesn't really activate anything directly - and will terrify BU miners that they're effectively a sybil attack along with bitclubnetwork's BU flagging. If BU flagging gets to 51% and antpool comes through with their threat of activating BU blocks but f2pool and bitclubnetwork are just flagging their blocks for trolling then in fact they'll end up activating with a minority since 14+% may not actually follow them.

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March 31, 2017, 09:15:31 PM
 #9



https://www.blocktrail.com/BTC/block/000000000000000001a04ace6390273bcecbe2b07603853987306c2c72723042

The weird part is that it is signalling so many things at once, besides BU! Is F2Pool trolling? Cheesy Stay tuned for a follow-up list.

Note: It has also started signalling Segwit on LTC less than 1 hour ago.

According to the coinbase, they may be also signalling for BU.

That is a good news.  Smiley

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March 31, 2017, 09:17:35 PM
 #10

occasional?
I really hope that they don't take this as a joke and if they really want to support segwit they'll continue signaling.
They're really messing with everyone now.  If they actually start signalling for it it'll completely turn around the debate though - as soon as SegWit is over half most people will know that it's the solution to go with and its popularity will go way up.  Maybe it would even stop some of the annoying FUD and Ethereum peddling.
Might not be that wierd. What if they do support all they signal for? Or maybe just want to give their users a voice just like Slush.
It seems that I was mistaken as I didn't check the Coinbase. I have already updated the OP (see ck's post); they seem to also be signalling BU. https://www.bitfire.io/blocks/459811 @unamis76 No, that is most certainly not the case (as in giving users a voice).

Well this is going to change things. F2pool is about 12% of the hashrate which pushes segwit to 39% (+/- the regular variance). It also pushes BU from 37 to 49%. However segwit signalling counts towards software activation whereas BU flagging doesn't really activate anything directly - and will terrify BU miners that they're effectively a sybil attack along with bitclubnetwork's BU flagging. If BU flagging gets to 51% and antpool comes through with their threat of activating BU blocks but f2pool and bitclubnetwork are just flagging their blocks for trolling then in fact they'll end up activating with a minority since 14+% may not actually follow them.
I'm not sure what to make out of this. Remember, right now it is April Fools' Day in China. Roll Eyes

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March 31, 2017, 09:19:50 PM
 #11

Well this is going to change things. F2pool is about 12% of the hashrate which pushes segwit to 39% (+/- the regular variance). It also pushes BU from 37 to 49%. However segwit signalling counts towards software activation whereas BU flagging doesn't really activate anything directly - and will terrify BU miners that they're effectively a sybil attack along with bitclubnetwork's BU flagging. If BU flagging gets to 51% and antpool comes through with their threat of activating BU blocks but f2pool and bitclubnetwork are just flagging their blocks for trolling then in fact they'll end up activating with a minority since 14+% may not actually follow them.
I'm not sure what to make out of this. Remember, right now it is April Fools' Day in China. Roll Eyes
I am aware of that. My point is that activation of segwit happens from signalling. It doesn't necessarily from BU, which is something a lot of people don't get. On the other hand this won't remotely bring us close to activation threshold.

Either way I expect by April 2 they'll go back to signalling... nothing.

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March 31, 2017, 09:20:46 PM
 #12

I'm not sure what to make out of this. Remember, right now it is April Fools' Day in China. Roll Eyes

Yep, check his twitter feed. I think he was a bit miffed when BitClub Network started earlier.

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March 31, 2017, 09:36:10 PM
 #13

April fools. Lol.

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March 31, 2017, 09:46:18 PM
 #14

It's interesting to see F2Pool starting to express some interest with Segwit, and I'm curious if there is going to be more pools following suit or if there's going to be more debating and/or solutions put forth before something is finally defined for the rest of the blockchain.

I assume that F2Pool signalled segwit for the first time now, since I don't remember if they did anything with it beforehand. Jog my memory if they've expressed interest before.


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AngryDwarf
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March 31, 2017, 09:57:22 PM
 #15

This guy likes to have a joke and keep us all guessing.

https://twitter.com/f2pool_wangchun/status/843754861757788160

https://twitter.com/f2pool_wangchun/status/847435526500007937

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
FiendCoin
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March 31, 2017, 10:04:24 PM
 #16

I wouldn't read too much into this, if sincere he just wants to see bitcoin improved if not, he's trolling.

"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
iamnotback
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March 31, 2017, 10:06:01 PM
 #17

The weird part is that it is signalling so many things at once, besides BU! Is F2Pool trolling? Cheesy Stay tuned for a follow-up list.

Note: It has also started signalling Segwit on LTC less than 1 hour ago.

Edit: According to the coinbase, they may be also signalling for BU.

I predicted this and explained my theory of why they are obfuscating on Bitcoin. Remember Litecoin SegWit activates with 75%, and Bitcoin with 95%.

It is quite clear what has been going on. The whales and miners are jockeying for maximum stake in the blockchain ecosystem, wherein Bitcoin remains the immutable master blockchain.
unamis76
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March 31, 2017, 10:26:10 PM
 #18

@unamis76 No, that is most certainly not the case (as in giving users a voice).

Sorry, I wasn't aware that the pool in question doesn't have different stratum servers for people supporting different clients...

So, just read the most recent replies and I'm amazed... April's fools... For real? Roll Eyes Roll Eyes

Extremely unfortunate that big players in the community are just making serious matters look idiotic. This is an absolutely stupid thing to do. Signal support "for trolling"? Are miners forgetting their economic incentive for things to be stable? Apparently they don't value what they have at stake, which amazes me. This makes things look ridicule, they're just making fun of everything that's being discussed and all the stress out there. I think this is too serious to be an April's fool. I might be too inflexible, but this is just my opinion, so... Bitfinex made things worse with their "BTU" token thing, or whatever it's called, now the miners... Wasn't definitely expecting this.
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March 31, 2017, 10:36:07 PM
 #19

So, just read the most recent replies and I'm amazed... April's fools... For real? Roll Eyes Roll Eyes

It is April 1 where I am in Asia.

We'll see how it plays out. Seems they want to play with us like a cat and mouse. But I think the economic reality is what it is.
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March 31, 2017, 10:51:13 PM
 #20


He is not signaling multiple conflicting things on Litecoin. He is using the above obfuscation exactly as I predicted he would. The economic reality is:

https://twitter.com/f2pool_wangchun/status/846760903739551744
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