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Author Topic: SegWit Signaled  (Read 1344 times)
Minecache (OP)
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May 18, 2017, 04:17:42 PM
 #1

Has SegWit finally been signaled?

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May 18, 2017, 04:19:06 PM
 #2

Has SegWit finally been signaled?

 If you don't know, then why entitle your topic with a statement?  At least qualify it with a question mark.
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May 18, 2017, 04:19:44 PM
 #3

It's on the borderline, check the twitter feeds.
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May 18, 2017, 04:23:19 PM
 #4

It's on the borderline, check the twitter feeds.
This is what I'm hearing but I cannot find anything definitive. Is this why BTC price has started moving?

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May 18, 2017, 04:25:58 PM
Last edit: May 18, 2017, 04:38:38 PM by xhomerx10
 #5

It's on the borderline, check the twitter feeds.
This is what I'm hearing but I cannot find anything definitive. Is this why BTC price has started moving?



 Not close.
Also, support appears to be declining.

edit: Segwit was @ 36% of blocks last week and now is back down to 32% of blocks
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May 18, 2017, 04:42:49 PM
 #6

It's on the borderline, check the twitter feeds.
This is what I'm hearing but I cannot find anything definitive. Is this why BTC price has started moving?

[i m g]https://i.imgur.com/tsbmn6T.png[/img]

 Not close.
Also, support appears to be declining.

edit: Segwit was @ 36% of blocks last week and now is back down to 32% of blocks

it is the same amount as it was before, nothing has changed. that 4% is just the simple change up and down because of the way finding a block works. it is not a guarantee to find a block, it is a chance!
sometimes you find 420 blocks sometimes 425 and sometimes 418 for example.

There is a FOMO brewing...
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May 18, 2017, 04:45:15 PM
 #7

SegWit's blocks have gone up slightly since yesterday.

SegWit's hashrate has remained nearly the same, unless I'm missing a pool that's switched or something.

Blocks are subject to variance.  Hashrate is not.  For now, SegWit is not close to activation and it'll only happen when/if miners who are signalling for BU decide to switch and/or undecided miners decide to signal SegWit.

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May 18, 2017, 04:47:31 PM
 #8

Has SegWit finally been signaled?

UASF to activate Segwit is picking up needed momentum. This would certainly cause a spike in price and confidence.

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May 18, 2017, 05:06:55 PM
 #9

Is there a viable third option, not BU & something not controlled by a central corporation which will eventually make Bitcoin worthless to anyone with a brain?

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May 18, 2017, 05:46:39 PM
 #10

SegWit's blocks have gone up slightly since yesterday.

SegWit's hashrate has remained nearly the same, unless I'm missing a pool that's switched or something.

Blocks are subject to variance.  Hashrate is not.  For now, SegWit is not close to activation and it'll only happen when/if miners who are signalling for BU decide to switch and/or undecided miners decide to signal SegWit.

 Hashrate is usually calculated based on found blocks so it probably also fluctuates with luck... Though this recent variance is greater than any since inception.
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May 18, 2017, 06:02:48 PM
 #11

Is there a viable third option, not BU & something not controlled by a central corporation which will eventually make Bitcoin worthless to anyone with a brain?

Is there one? I don't think so. I am fed up with all this. Perhaps BU is the only viable option now which can be implemented? But I am also not in favor of giving up to the blackmail by a certain section of the miners.
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May 18, 2017, 07:49:59 PM
 #12

It's on the borderline, check the twitter feeds.

Do you have more details? Which feeds/posts are making you think it's "on the borderline"? I'm not a heavy Twitter user, that's why I'm asking.

The only reason there could be a step forward to Segwit adoption is a possible UASF. I don't consider it the best idea as of now (because of the chain split danger), but maybe it's the only way to really move some pieces on the chess board (I still favour this solution, but it seems to have lost traction).

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May 18, 2017, 07:58:20 PM
 #13

Has SegWit finally been signaled?

You can check https://coin.dance/blocks from time to time.
Now it shows 34.1% for SegWit. Pretty far from 95%.

Pretty funny that "It's on the borderline" statement. Maybe that's for Litecoin Smiley

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May 18, 2017, 09:37:38 PM
 #14

It's on the borderline, check the twitter feeds.

Do you have more details? Which feeds/posts are making you think it's "on the borderline"? I'm not a heavy Twitter user, that's why I'm asking.

The only reason there could be a step forward to Segwit adoption is a possible UASF. I don't consider it the best idea as of now (because of the chain split danger), but maybe it's the only way to really move some pieces on the chess board (I still favour this solution, but it seems to have lost traction).
No, there's actually been forward progress on activating segwit at last. The discussions have all been private at the moment between pools and some mediators but the twitter feeds are starting to leak information about how much progress has been made, so I retweeted one of the relevant posts.

https://twitter.com/ckpooldev/status/865188614082150400

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May 18, 2017, 09:56:40 PM
 #15


It never really had any traction, just like any solution that mixes a bit of every scaling proposal, because unfortunately the general opinion seems to be "we either have this or that"

No, there's actually been forward progress on activating segwit at last. The discussions have all been private at the moment between pools and some mediators but the twitter feeds are starting to leak information about how much progress has been made, so I retweeted one of the relevant posts.

https://twitter.com/ckpooldev/status/865188614082150400

Following my previous reply, I think it's important to detail that this isn't exclusively about SegWit and since most opinions seem to be like what I described above, this actually doesn't really mean a lot.
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May 18, 2017, 10:07:21 PM
 #16

Following my previous reply, I think it's important to detail that this isn't exclusively about SegWit and since most opinions seem to be like what I described above, this actually doesn't really mean a lot.
Interesting way to downplay its relevance to segwit activation, but okay, you make of it what you will. Time will tell now.

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May 19, 2017, 02:01:32 PM
 #17

No, there's actually been forward progress on activating segwit at last. The discussions have all been private at the moment between pools and some mediators but the twitter feeds are starting to leak information about how much progress has been made, so I retweeted one of the relevant posts.

https://twitter.com/ckpooldev/status/865188614082150400

Ah, Barry Silbert's initiative. I read about it earlier today. Thanks.

The initiative has my support, although from my point of view a solution where there is only one hard fork necessary and block size is growing slower but has no hard cap, like the proposal I linked above, is better. But for now it's important to get Segwit through.

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May 19, 2017, 03:33:03 PM
 #18

I cannot see SegWit ever being signalled, because these groups are way to far apart. I also cannot see Bitcoin Unlimited being implemented for

the same reason. They will have to come up with something new, and just use SegWit on other Alt coins, like LiteCoin. It is a pity, because it

solves other problems with Bitcoin too... and not just a slight Block size upgrade.  Angry

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May 19, 2017, 03:34:30 PM
 #19

Thought this was an announcement thread. Very misleading!
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May 19, 2017, 03:58:07 PM
 #20

I was somehow shocked to see the title but upon checking, we are far from getting SegWit activated. There would be some issues that would be addressed if we got SegWit through that cannot be addresed by the proposal of BU.

Checking the tweets of some devs that I follow, it seems that something is happening in the background. Negotiation towards consensus or nah? Sometimes I'm inclined to think that another alternative could be plausible and could be a mixed of BU and SegWit, but what do I know?

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