Big Block support at 50%

[jonald_fyookball]

https://coin.dance/blocks

Bitcoin Unlimited -  49.3%
SegWit  -                34.0%
8 MB Blocks  -         0.7%
BIP 100  -               1.4%


Bitcoin is going to the moon once we start mining bigger blocks!! The community has demanded it and here we are!

I guess even if Bitcoin will start to activate if it reaches 50% consensus the result will be the same since the exchanges have already declared that if in case of the split they will support the cor developers. The possibility of bitcoins value reaching to the moon is when BU and Core will not split but rather complement each other. The community is tired of bad news and we hope for a solution.

Then this whole debacle will become one messy affair. If the exchanges list BU as the altcoin and the miners attack the BTC chain and kill it. What will happen now? Are we finally seeing the death of BTC, as we know it, coming?

Probably there will still be one bitcoin just with bigger blocks.

[1714929679]

1714929679

[1714929679]

1714929679

[1714929679]

1714929679

[pinkflower]

https://coin.dance/blocks

Bitcoin Unlimited -  49.3%
SegWit  -                34.0%
8 MB Blocks  -         0.7%
BIP 100  -               1.4%


Bitcoin is going to the moon once we start mining bigger blocks!! The community has demanded it and here we are!

I guess even if Bitcoin will start to activate if it reaches 50% consensus the result will be the same since the exchanges have already declared that if in case of the split they will support the cor developers. The possibility of bitcoins value reaching to the moon is when BU and Core will not split but rather complement each other. The community is tired of bad news and we hope for a solution.

Then this whole debacle will become one messy affair. If the exchanges list BU as the altcoin and the miners attack the BTC chain and kill it. What will happen now? Are we finally seeing the death of BTC, as we know it, coming?

Probably there will still be one bitcoin just with bigger blocks.

I sure do hope so on the part before you mentioned bigger blocks. It doesnt matter to me either way but a peaceful resolution is a better way than the potentially messy affair thats whats coming.

[sportis]

https://coin.dance/blocks

Bitcoin Unlimited -  49.3%
SegWit  -                34.0%
8 MB Blocks  -         0.7%
BIP 100  -               1.4%


Bitcoin is going to the moon once we start mining bigger blocks!! The community has demanded it and here we are!

People wait and don't be in a hurry. Using the same source as OP, today this is not the case. So what someone could say?

Bitcoin Unlimited -  41.1%
SegWit  -                34.7%
8 MB Blocks  -         4.7%
BIP 100  -              7.2%

[cryptoanarchist]

https://coin.dance/blocks

Bitcoin Unlimited -  49.3%
SegWit  -                34.0%
8 MB Blocks  -         0.7%
BIP 100  -               1.4%


Bitcoin is going to the moon once we start mining bigger blocks!! The community has demanded it and here we are!

People wait and don't be in a hurry. Using the same source as OP, today this is not the case. So what someone could say?

Bitcoin Unlimited -  41.1%
SegWit  -                34.7%
8 MB Blocks  -         4.7%
BIP 100  -              7.2%

The seven day average keeps inching up. Just a couple weeks ago is was at ~37%, not it is hanging around ~42%. You can't deny that the trend is going in favor of big blocks and this makes SegShit impossible.

[jonald_fyookball]

BTCC switched back to segwit... 

[cryptoanarchist]

BTCC switched back to segwit... 

When were they not for SegWit?

[IIOII]

Seems like SegWit support is growing since the exposure of the BitMain backdoor. Now at over 42% since the last 100 blocks.

I think that is very encouraging. Wu and Ver are trying to hold Bitcoin hostage out of pure self-interest. But their smear campaign is crumbling, because they are now increasingly exposed as what they are: Malevolent scammers.

Let's activate SegWit and move on. Bitcoin's future is bright.

[jonald_fyookball]

  because they are now increasingly exposed as what they are: Malevolent scammers.
 

Proof? Evidence? anything?

[IIOII]

^ No wonder the paid trolls are pouring in. ^

The situation is getting out of hands for the BU-Coin circle.

The ignore list is a highly useful tool when dealing with paid trolls like fyookball.

[-ck]

Seems like SegWit support is growing since the exposure of the BitMain backdoor. Now at over 42% since the last 100 blocks.

No, you're still making the same mistake others have been making. The same pools are mining segwit as previously, all you're looking at is day to day variance. Neither BU nor segwit have budged in overall (hashrate) support for weeks.

[pinkflower]

Seems like SegWit support is growing since the exposure of the BitMain backdoor. Now at over 42% since the last 100 blocks.

I think that is very encouraging. Wu and Ver are trying to hold Bitcoin hostage out of pure self-interest. But their smear campaign is crumbling, because they are now increasingly exposed as what they are: Malevolent scammers.

Let's activate SegWit and move on. Bitcoin's future is bright.

Im confident it will. BU is something like XT. Theyre both nothing but a nuisance and they use fear and making people think stuff will happen. Wheres Mike Hearn now? He predicted BTC will die this year right?

[cryptoanarchist]

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools


Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

[jonald_fyookball]

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools


Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

Tricky part is figuring out how much to diversify into alts.  Time is against bitcoin the longer it stagnates.

[lionheart78]

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools


Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

Tricky part is figuring out how much to diversify into alts.  Time is against bitcoin the longer it stagnates.

I agree, people won't wait forever, but seems this scaling solution battle will last for eternity. I hope it won't be too late for Bitcoin before this political drama is over.   

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools


Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

I am still wondering, aside from Segwit why does core does not want a block size increase, when they are capable of executing it better.

[-ck]

I am still wondering, aside from Segwit why does core does not want a block size increase, when they are capable of executing it better.

Because, as you'll read time and time again if you haven't been listening - segwit IS a block size increase of up to 4MB! Increasing the chain block size to 2MB  would make it an 8MB increase in size. Additionally, increasing the chain block size to 2MB in its current form opens up the network to a DDoS vector through a quadratic scaling issue in transactions which means an extra large transaction can be crafted that holds up even fast nodes for over a minute and a half, and uses massive amounts of ram during the process. This would render slower nodes unresponsive for many minutes and possibly run out of ram and crash. Also note that BU had an out-of-memory bug even WITHOUT bigger blocks, and one of BU's proposed solutions to DoS transaction blocks is parallel validation of blocks -> which means even MORE ram usage and virtually guaranteeing out of memory crashes.

[jonald_fyookball]

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools


Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

Tricky part is figuring out how much to diversify into alts.  Time is against bitcoin the longer it stagnates.

I agree, people won't wait forever, but seems this scaling solution battle will last for eternity. I hope it won't be too late for Bitcoin before this political drama is over.   

Add in 8MB votes with Unlimited and we have a healthy 50% for bigger blocks, assuming at least 1% will be ok with bigger blocks and just aren't signaling.

https://www.blocktrail.com/BTC/pools


Is Core going to respond to the market with a block size increase? Or dig in their heels? I got my popcorn ready.

I am still wondering, aside from Segwit why does core does not want a block size increase, when they are capable of executing it better.

Simple.  They want as little as on chain scaling as possible.

[pinkflower]

Its like a game of chicken. Who will give in first? The miners who invested a lot of money to support and secure the protocol or the developers who could move somewhere else after theyre done with BTC? One of them knows that the other cant play this game for long.

[cryptoanarchist]

Its like a game of chicken. Who will give in first? The miners who invested a lot of money to support and secure the protocol or the developers who could move somewhere else after theyre done with BTC? One of them knows that the other cant play this game for long.

Maybe the miners have been paid more money than they spent on hardware to kill bitcoin. Banksters have unlimited printing press money to defend their monopoly, right?

[iluvpie60]

Great, 1% more and then they can fork off and see where the fork's support takes them...

I think miners are waiting for some more nodes to upgrade to new clients rather than forcing them/throwing them into confusion.

Point is, the battle is already won. Blockstream/SegWit miners can't survive on the minority chain. Not even for a day.

I don't know what you're talking about "cannot survive" - the chains will be completely separate and run in their own directions should it happen. Jihan said he wanted people to "attack" the minority chain (which is a fucking awful approach and speaks volumes) but that would mean he needs as much hashrate directed towards attacking it as he does mining BU blocks and no such hashrate is spare to do that. So unless BU support ends up being 90% leaving only a 10% core chain, then there won't be enough spare hashrate to throw at killing off the forked minority sized chain. There is no precedent saying which chain the economy will follow, but the majority have expressed that they will follow segwit...

Attack the minority chain? pfft, why bother?

How is the SegWit chain going to survive at significantly less than 50% hashpower when they can only mine 1MB blocks? Transactions will grind to a halt and miners will start leaving making it only worse.

If the hashrate went down by 50% wouldn't it only grind to a halt for a period of 7 to 10 days? Wouldn't the difficulty decrease to compensate the lower hash rate?

Maybe I am wrong in thinking about it that way, obviously hash rate just keeps increasing and difficulty increases, why can't it go down?

[jubalix]

Jihan threatened to fork at 51% anyway but we'll see...

Jihan is nothing more than a keyboard warrior. Everyone knows that allowing a fork to initiate at 51% comes with risks being far too high. I don't believe he will potentially jeopardise his operations just to gamble on a positive outcome. If he's (or they with RV added) ever going to initiate a fork, he (they) will likely wait till 65-70% is reached. At least, that would make a whole lot more sense.

depends how much eth Jihan holds....ever think that through?