Recently bitcoin price surged and raise very aggressively compare to their past history
One of the major reason is due to Segwit
Therefore, few questions here
When i look at the site :
https://coin.dance/blocks41.6% Support Emergent Consensus
32.8% Support Segwit
9.6% Support Extension Blocks
9.3% Support BIP100
1) Emergent Consensus = Bitcoin unlimited?
2) If i am not mistaken, in order to activate segwit, the mining pool support towards segwit will need to hit 95%? Is this how the activation works?
3) In this case, we are still far away from activating Segwit isn't it?
But base on here :
https://bitnodes.21.co/nodes/4) It shows that 70% of the miners are on the bitcoin core network (Segwit), do we need 95% of the nodes to be in Bitcoin Core to activate segwit too?
I have read :
https://99bitcoins.com/bitcoin-fork-segwit-vs-bitcoin-unlimited-explained-simply/It stated that Segwit shrink transaction size in a block but doesn't increase block size, as this will only requires a soft fork.
But when i read :
https://cointelegraph.com/news/bitcoin-scaling-consensus-reached-commentary-from-industry-leadersIt states that
"They have agreed to collectively enable the SegWit proposal for Bitcoin scaling, effective immediately. Additionally, their proposed solution includes a countdown to another hard fork, which will enable an increase of the block size limit to 2MB - as opposed to the current limit of 1MB."5) In this case, they are applying both BTU (Increase Block Capacity) + Segwit (Shrink Transaction Size) Activation towards bitcoin? which required a hard fork?