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Author Topic: The Barry Silbert segwit2x agreement with >80% miner support.  (Read 119641 times)
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chek2fire
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June 13, 2017, 06:23:40 PM
 #761

Bitcoin Unlimited.
We all agree that this code is crap.

Well, no. We do not all agree that BU code is crap. It has had some high-visibility bugs. All SW has bugs. The amount of detected bugs has been in inverse proportion to the size of the team. As is normal.

It is certainly possible that there are more critical bugs that will be exposed within the BU codebase over time. However, it is the only codebase in somewhat wide distribution that implements easily user-settable maxblocksize. As such, it is the only codebase that has a chance of solving the current scaling defect.

Right now, the largest bug in the entire Bitcoin sphere is the limit on transactions per unit time. BU solves Bitcoin's biggest bug. Permanently. And it is the only codebase which does so.

is normal? and why this "normal" situation never happen to bitcoin core until now. Or to be more specific why bitcoin core has not 5 critical software failures in only one month?Huh
Can i ask you guys where i can apply to get payment like all of you? because only payed ppl will say this bullshits like nothing happens.

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June 13, 2017, 07:09:11 PM
 #762

Bitcoin Unlimited.
We all agree that this code is crap.

Well, no. We do not all agree that BU code is crap. It has had some high-visibility bugs. All SW has bugs. The amount of detected bugs has been in inverse proportion to the size of the team. As is normal.

It is certainly possible that there are more critical bugs that will be exposed within the BU codebase over time. However, it is the only codebase in somewhat wide distribution that implements easily user-settable maxblocksize. As such, it is the only codebase that has a chance of solving the current scaling defect.

Right now, the largest bug in the entire Bitcoin sphere is the limit on transactions per unit time. BU solves Bitcoin's biggest bug. Permanently. And it is the only codebase which does so.

is normal?

Yes. If you knew anything about code development, you would already know this.

Quote
and why this "normal" situation never happen to bitcoin core until now.

It has.

Quote
Can i ask you guys where i can apply to get payment like all of you? because only payed ppl will say this bullshits like nothing happens.

If I knew where to get paid for advocating what I already believe, I'd be getting paid for advocating what I believe. My payment is in the appreciation of my Bitcoin holdings. Or at least preventing the market collapse of my Bitcoin holdings.

and you promote a stall situation from miners that for sure will collapse bitcoin value. And you try to believe you?
I bet that you dont have a single bitcoin.

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June 13, 2017, 09:21:33 PM
 #763

Like I said earlier, I don't want to see this thread turn into another pointless flamewar with everyone posting their own opinions about segwit/core/blocksize/BU/Ver/classic/XT/fuckme . Stick to the topic please or I'll just delete your posts.

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June 13, 2017, 09:31:13 PM
 #764

Like I said earlier, I don't want to see this thread turn into another pointless flamewar with everyone posting their own opinions about segwit/core/blocksize/BU/Ver/classic/XT/fuckme . Stick to the topic please.
OK, so (given what you deleted) the topic isn't about the long-term scalability and usefulness (or lack thereof) of segwit (and thus the crux of the agreement); what is the topic?   Huh

If you have to ask "why?", you wouldn`t understand my answer.
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June 13, 2017, 09:32:57 PM
 #765

Like I said earlier, I don't want to see this thread turn into another pointless flamewar with everyone posting their own opinions about segwit/core/blocksize/BU/Ver/classic/XT/fuckme . Stick to the topic please.
OK, so (given what you deleted) the topic isn't about the long-term scalability and usefulness (or lack thereof) of segwit (and thus the crux of the agreement); what is the topic?   Huh
What the progress of solutions to the stalemate are and what the current state of support, likelihood of acceptance is and so on... There are plenty of flamewars elsewhere to discuss people's personal opinions regarding the rest.

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June 13, 2017, 09:37:22 PM
 #766

What the progress of solutions to the stalemate are and what the current state of support, likelihood of acceptance and so on...
I'm not sure that conversation can be had in an environment where discussing the misconceptions/opinions of what is/isn't a "solution" is verboten.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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June 19, 2017, 09:00:13 AM
Merited by DooMAD (5)
 #767

Unlocked since the original discussion is still relevant.

I'm going to call it now, segwit2x will be responsible for activating segwit at last due to overwhelming miner support, BUT great thanks to James Hilliard for introducing them to BIP91 which makes segwit2x compatible with the other segwit activations.

Watch this for the very rapid rise in segwit2x support that will happen fast now:
https://coin.dance/blocks

Segwit may well get a miner activated soft fork before BIP148's UASF which remains in limbo in terms of meaningful support but seems to have had the desired effect of forcing miners' hands in one way or another.

What happens after segwit though is a mystery, but there is enough miner hashrate support for 2MB that it might happen too.

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June 19, 2017, 09:59:59 AM
 #768

I am only glad that finally someone is doing something and "we" are not just talking until the world ends Wink

Segwit Implementation sometime before August 1st seems like a done deal so the UASF is basically moot.

Then if hashrate keeps supporting the 2 MB hard fork this will also happen.

And yes: now the bad bad miners are activating SegWit and not good core, but well .... Core just couldn't do it, so get over it Wink
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June 19, 2017, 11:22:06 AM
 #769

What's also amusing is the corresponding drop in transactions back to normal basal levels again now that all those pools are in agreement about what to do next. This adds circumstantial evidence that someone was injecting all that shit into the transaction biosphere to make it look like there was a transaction volume crisis there that didn't exist.

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June 19, 2017, 11:56:55 AM
 #770

What's also amusing is the corresponding drop in transactions back to normal basal levels again now that all those pools are in agreement about what to do next. This adds circumstantial evidence that someone was injecting all that shit into the transaction biosphere to make it look like there was a transaction volume crisis there that didn't exist.
Not saying that I think it was them, but logic dictates that Core dev's primary fiduciary duty is to Core (and keeping it relevant) and Bitcoin must come after that.  Lips sealed

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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June 19, 2017, 12:00:39 PM
 #771

Viabtc threats today that will side mining a bitcoin testnet with big blocks and that will fork and sell this testnet coins if segwit2x agreement fails

https://medium.com/@ViaBTC/uahf-ico-proposal-draft-b962c7e00718

lol

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June 19, 2017, 12:14:13 PM
 #772

Well, that escalated very fast with those miners signaling Segwit2x. I think Segwit2x will be the compromise that makes everyone happy.

I'm gonna buy a bottle of Bacardy rum when this long-term scaling debat has come to an end.
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June 19, 2017, 01:43:26 PM
 #773

Viabtc threats today that will side mining a bitcoin testnet with big blocks and that will fork and sell this testnet coins if segwit2x agreement fails

https://medium.com/@ViaBTC/uahf-ico-proposal-draft-b962c7e00718
I can't believe that any sane person, acting in the best interest of the network, could make any such decision/create such a proposal. They are either extremely greedy or being controlled by someone else (e.g. PBOC). If these threats continue, it's likely that we are heading for a PoW change in the coming years.

Which pools have not yet added the string into their coinbase?

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June 19, 2017, 01:46:21 PM
 #774

Viabtc threats today that will side mining a bitcoin testnet with big blocks and that will fork and sell this testnet coins if segwit2x agreement fails

https://medium.com/@ViaBTC/uahf-ico-proposal-draft-b962c7e00718
I can't believe that any sane person, acting in the best interest of the network, could make any such decision/create such a proposal. They are either extremely greedy or being controlled by someone else (e.g. PBOC). If these threats continue, it's likely that we are heading for a PoW change in the coming years.

Which pools have not yet added the string into their coinbase?

Satoshi for sure has never predict that miners will act in the future against their own profits. the only protection against that kind of threats is not socialism decisions like a change to pow imo but a more free market choice. I think that this kind of attack can be easy defend from the other competitor miners.

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June 19, 2017, 01:52:12 PM
 #775

Nothing says "I want to wastefully spend money I don't have to no other end than to attempt to vainly prove a point" like:
Quote
raise funds to buy/rent hash power to support a UAHF
 Roll Eyes

I rent a lot of hash and almost none of it is wasted on such things as the loss of return a bitcoin rental yields (the circumstances where rental for bitcoin has a positive return are infinitesimal).

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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June 19, 2017, 02:00:15 PM
 #776

Which pools have not yet added the string into their coinbase?
Basically the ones that didn't sign the agreement. Many of the pools that were already signalling segwit haven't added NYA to their signature (they didn't sign the agreement in the first place), and some that haven't made any decision still haven't made any decision.

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June 19, 2017, 02:22:27 PM
 #777

Well, that escalated very fast with those miners signaling Segwit2x. I think Segwit2x will be the compromise that makes everyone happy.

I'm gonna buy a bottle of Bacardy rum when this long-term scaling debat has come to an end.

Signalling means nothing so far! The miners can still play stupid games with us. And some of them will! That's for sure!
Furthermore I will take SegWit and will be happy about that. But a few months later they can fork off if they want! I will definitely not run their client and will definitely not be part of this huge block network they are trying to build.
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June 19, 2017, 02:55:39 PM
 #778

Miners are completely fools imo. There are so stupids that they are not only act against their own proftis but against their economical future survivor.
If they had activate segwit bitcoin will be much higher in price and bitcoin ecosystem will ha a huge innovation atm.  And innovation means money to everyone especially startups and miners. They will be even in e much better position for a hard fork future proposal.
But what choose this "brilliant" mind? to stall bitcoin and risk a not consensus fork that will create an economical disaster to the whole bitcoin ecosystem.
Especially Bitmain will hit hard from this economical collapse because is one of the Bitcoin mining startups that are heavily exposed to bitcoin ecosystem. They have invest huge amount of money to bitcoin startups and of course to btc mining.


criticism accepted. truly. I fact I take that the problem is a governance one. If there are priorities (high fees due to a bottleneck in tx proccessing) we should have a way to define an agenda and a way to focus proper action whatever it is. What is horrendous it's to play games and meassure our egos over bitcoin* because this is not just cryptocoolness and alt-glamour. This is now people's money.
*by no means I am implying you here but us all Smiley

This summer storm was good in a sense because we could see that bitcoin is stong enough to endure the tension (We still have to make it through august, though). But we have to learn a lesson from this. We may not be the ones taking decisions in this forum but some better way must be found.

Now, governance is a tricky thing. I drop the idea but I reckon that I have no idea of any governance system with which I would be completely confortable in the first place.
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June 19, 2017, 03:11:33 PM
 #779

I almost can't wait for a year from now when Bitcoin is "suffering" from the next "lack of innovation" and all those that made the base argument that segwit "will lead to new innovation" have to eat crow.  Roll Eyes

If you have to ask "why?", you wouldn`t understand my answer.
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June 19, 2017, 06:09:23 PM
 #780

Well, that escalated very fast with those miners signaling Segwit2x. I think Segwit2x will be the compromise that makes everyone happy.

I'm gonna buy a bottle of Bacardy rum when this long-term scaling debat has come to an end.

Signalling means nothing so far! The miners can still play stupid games with us. And some of them will! That's for sure!
Furthermore I will take SegWit and will be happy about that. But a few months later they can fork off if they want! I will definitely not run their client and will definitely not be part of this huge block network they are trying to build.

As far i know getting Segwit via miners is saver than UASF with a possible chain-split. I thought it is compatible with Bip48. If they cheat uss then we dont run there client and ore PoW change.
I still see them as suspicios especially with there rushed HF.

More miners has signaled Segwit2x.

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