How to support Litecoin segwit? ALL HANDS on DECK. THIS is NOT a DRILL!!

[Thenoticer]

Apr 9
Charlie Lee‏ @SatoshiLite
Replying to @newmichwill
It's not about actual nodes. It's more about exchanges, wallets, and merchants. They represent users and are interest aligned.

With all the talk about litecoin segwit. I wanted to have a discussion about how best to support litcoin segwit.

Lots of current mentions about the uasf, anonymint has expressed that this option will never work.

Has anyone come up with an easy way to pool money and buy hash ourselves to help keep it over the line?

Are there other suggestions?

- maybe anti segwit miners would sell us their hash, bribes?

What do you think?

[Thenoticer]

2016 x4 = 8064 blocks. 75% of that is 6048 of the 8064.

Tl;DR: we need 6048 in the next activation period

Think of it like a game we need to score 6048 points.

If the other side scores more then 2016 points then we lose this round.

The game starts in about a day.  Annnd Go!

[wavespump]

2016 x4 = 8064 blocks. 75% of that is 6048 of the 8064.

Tl;DR: we need 6048 in the next activation period

Think of it like a game we need to score 6048 points.

If the other side scores more then 2016 points then we lose this round.

The game starts in about a day.  Annnd Go!

Litecoin embraces the future technology Segwit, I confidently believe that LTC will finally activate Segwit because LTC is one future coin. We will have a better future if we use SW.

[jjacob]

Too much weightage is given to the proportion of hashing power, number of nodes signalling support, etc.
The developers should just go ahead and activate it.

[iamnotback]

Too much weightage is given to the proportion of hashing power, number of nodes signalling support, etc.
The developers should just go ahead and activate it.

Too many technological neophytes commenting on things they don't understand.

[BlueStackz]

Too many people using unnecessarily uncommon words like neophytes (just a cool looking way of saying newbie) to make it harder to understand for some people as well.

We need to average over 75% for segwit to be activated in order for the coin to adapt it over a period of I assume 2 weeks ( depending on how quickly we can mine that many blocks) developers can’t just activate it unless miners accept it. See, there is always a simpler way to describe things.

[dwgscale11]

Apr 9
Charlie Lee‏ @SatoshiLite
Replying to @newmichwill
It's not about actual nodes. It's more about exchanges, wallets, and merchants. They represent users and are interest aligned.

With all the talk about litecoin segwit. I wanted to have a discussion about how best to support litcoin segwit.

Lots of current mentions about the uasf, anonymint has expressed that this option will never work.

Has anyone come up with an easy way to pool money and buy hash ourselves to help keep it over the line?

Are there other suggestions?

- maybe anti segwit miners would sell us their hash, bribes?

What do you think?

Warning... anonymint will be very convincing with technical babble (probably accurate) but only based on what he wants to pump.  He is trying to move markets and has a good way of doing so by being very convincing in his words.  But please understand.. It is mostly smoke and mirrors to benefit himself.

[Jalum]

More people purchasing Litecoin will support the SegWit situation. With more people trying to use Litecoin the price of it will increase while more promotion for SegWit will be built.

[Thenoticer]

http://litecoinblockhalf.com/segwit.php

2hrs 20 min togo till next chance.

Get ready!

[Thenoticer]

2016 x4 = 8064 blocks. 75% of that is 6048 of the 8064.

Tl;DR: we need 6048 in the next activation period

Think of it like a game we need to score 6048 points.

If the other side scores more then 2016 points then we lose this round.

The game starts in about a day.  Annnd Go!

It's already 20 segwit to 4 non.

Popcorn

[Thenoticer]

Uh oh.

Percentage is falling to 77%

Its now 333 to 103, non segwit catching up.

[Thenoticer]

More people purchasing Litecoin will support the SegWit situation. With more people trying to use Litecoin the price of it will increase while more promotion for SegWit will be built.

.

Not if the speculators don't trust the market. This one is def manipulated.

The only option might be to buy more hash

[alyssa85]

If you have a GPU miner, start mining it.

The Litecoin subreddit reports that there are some attempts to derail segwit. see

https://www.reddit.com/r/litecoin/comments/65hvvu/retired_gpu_mining_brothers_a_call_to_arms/

So they need all the help they can get.

[kelsey]

hmmmm   How to support Litecoin segwit?

by DDOSin none complaint pools  

(btw tis post is in jest based around twits from several 'troll' pools)

[asriloni]

Apr 9
Charlie Lee‏ @SatoshiLite
Replying to @newmichwill
It's not about actual nodes. It's more about exchanges, wallets, and merchants. They represent users and are interest aligned.

With all the talk about litecoin segwit. I wanted to have a discussion about how best to support litcoin segwit.

Lots of current mentions about the uasf, anonymint has expressed that this option will never work.

Has anyone come up with an easy way to pool money and buy hash ourselves to help keep it over the line?

Are there other suggestions?

- maybe anti segwit miners would sell us their hash, bribes?

What do you think?

UASH will never on the litecoin. Become a full node to give a support for the segwit litecoin. UASF just make segwit being a responsibility to resolve the scalability problem of bitcoin. LTC is not need it.
anti segwit will strongly keep his hashpower to prvent segwit.

[Thenoticer]

2016 x4 = 8064 blocks. 75% of that is 6048 of the 8064.

Tl;DR: we need 6048 in the next activation period

Think of it like a game we need to score 6048 points.

If the other side scores more then 2016 points then we lose this round.

The game starts in about a day.  Annnd Go!

Anti segwit is almost halway to their goal. They have 921 of 2016 blocks


Pro segwit has 2316 of the 6048 or roughly a third of the way their.

[eternalgloom]

More people purchasing Litecoin will support the SegWit situation. With more people trying to use Litecoin the price of it will increase while more promotion for SegWit will be built.

I guess that's one way to support it, but I'm not too sure if that really has a big effect on the Segwit support.
Better to rent some mining power and support segwit by mining.