Red-Apple (OP)
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June 19, 2017, 12:05:33 PM |
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i don't know if it is too soon to open up the Champagne bottles or not but it seems like we have some light at the end of the tunnel as SegWit is gaining an overwhelming miners support with the segwit2x proposal https://coin.dance/blocks... and the moon in 3... 2... 1...
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--signature space for rent; sent PM--
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600watt
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June 19, 2017, 02:16:19 PM |
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when will we know?
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infofront
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June 19, 2017, 02:26:45 PM |
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In about one month.
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pereira4
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June 19, 2017, 02:31:55 PM |
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But it's segwit2x... it is the same as the regular segwit? Or are you forced to run non-Core software in order to benefit from the segwit activation? Because im never going to use anything that isn't released by Core as everyone else that isn't a idiot will do.
Unless Core approves then it's useless because Core is responsible for all the software and got the best devs.
The hard fork in 3 months is simply insanity, it's not happening period.
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BitcoinzB
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💰💰💰💰
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June 19, 2017, 02:32:35 PM |
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That's good news for sure. I can't wait to see what the future holds for bitcoin and at the same time I hope that it won't cause a big drop in the price when it will get implemented
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LFC_Bitcoin
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June 19, 2017, 02:44:21 PM |
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But it's segwit2x... it is the same as the regular segwit? Or are you forced to run non-Core software in order to benefit from the segwit activation? Because im never going to use anything that isn't released by Core as everyone else that isn't a idiot will do.
Unless Core approves then it's useless because Core is responsible for all the software and got the best devs.
The hard fork in 3 months is simply insanity, it's not happening period.
If somebody tech minded could answer the bolded above that'd be great, please.
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2econd
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June 19, 2017, 02:45:56 PM |
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Hmm, i don't want things to moon just yet. Maybe in 5 years. Rather have it all collapse
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audaciousbeing
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June 19, 2017, 02:48:24 PM |
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Even though I dont understand the basis for this SegWit as I have read several posts on the subject matter for and against but I believe the best is yet to come and if people that are more vast in the technicalities of bitcoin can be happy about it, then a non-techie guy like myself does not have any other option than to be happy because whether increase/decrease happenings to bitcoin affects everyone including myself.
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Reid
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June 19, 2017, 02:54:59 PM |
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Even though I dont understand the basis for this SegWit as I have read several posts on the subject matter for and against but I believe the best is yet to come and if people that are more vast in the technicalities of bitcoin can be happy about it, then a non-techie guy like myself does not have any other option than to be happy because whether increase/decrease happenings to bitcoin affects everyone including myself.
Correct. We that doesn't understand much can't do much also about this. We just go with the flow. Though we understand English, sometimes they are like talking in a different language which is from ancient times. Just going to bookmark this and somehow see some comments with a better explanation or a shallow one.
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RoyBatty
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June 19, 2017, 03:01:53 PM |
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But it's segwit2x... it is the same as the regular segwit? Or are you forced to run non-Core software in order to benefit from the segwit activation? Because im never going to use anything that isn't released by Core as everyone else that isn't a idiot will do.
Unless Core approves then it's useless because Core is responsible for all the software and got the best devs.
The hard fork in 3 months is simply insanity, it's not happening period.
If somebody tech minded could answer the bolded above that'd be great, please. From what I surmised listening to people far more adept than I, Segwit2x will be incorporating core dev Segwit. So if you signal for Segwit2x you are signaling for core dev Segwit by default.
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Amph
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June 19, 2017, 03:07:25 PM |
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the bad thing is that bitmain is saying that they will shift their hashrate to their own shit coin bitcoin clone, so the network will be unsecure with a major hashrate dropping
i hope this is not something that can promote a 51% momentarily, because it would be a disaster, or bitmain itself would do it instead since they would not support bitcoin core anymore
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LFC_Bitcoin
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June 19, 2017, 03:15:49 PM |
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the bad thing is that bitmain is saying that they will shift their hashrate to their own shit coin bitcoin clone, so the network will be unsecure with a major hashrate dropping
i hope this is not something that can promote a 51% momentarily, because it would be a disaster, or bitmain itself would do it instead since they would not support bitcoin core anymore
Potentially it's Jihan bluffing because he'll lose that hack he had with the ASIC's or whatever? Glad to see that SegWitx2 is basically implemented with Core.
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RoyBatty
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June 19, 2017, 03:23:09 PM |
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the bad thing is that bitmain is saying that they will shift their hashrate to their own shit coin bitcoin clone, so the network will be unsecure with a major hashrate dropping
i hope this is not something that can promote a 51% momentarily, because it would be a disaster, or bitmain itself would do it instead since they would not support bitcoin core anymore
Potentially it's Jihan bluffing because he'll lose that hack he had with the ASIC's or whatever? Glad to see that SegWitx2 is basically implemented with Core. Definitely nothing but Jihan selling woof tickets
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BrewMaster
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There is trouble abrewing
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June 19, 2017, 04:46:33 PM |
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But it's segwit2x... it is the same as the regular segwit? Or are you forced to run non-Core software in order to benefit from the segwit activation? Because im never going to use anything that isn't released by Core as everyone else that isn't a idiot will do.
Unless Core approves then it's useless because Core is responsible for all the software and got the best devs.
The hard fork in 3 months is simply insanity, it's not happening period.
If somebody tech minded could answer the bolded above that'd be great, please. i am not an expert but i believe it is. at least now it has turned into a more compatible solution than the it was before. i believe they have implemented BIP91 which makes it compatible with what you are caling "regular SegWit" you can also read this comment: https://bitcointalk.org/index.php?topic=1928093.msg19646403#msg19646403
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There is a FOMO brewing...
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d5000
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June 19, 2017, 05:21:58 PM |
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Just counted: According to coin.dance, 46 from the last 50 blocks support Segwit, either via BIP141 or Segwit2x. That's 92%!
What I have heard is: - Segwit2x supporting parties will first signal separately with a custom message ("NYA" for New York Agreement) - then they will switch to signalling via bit 4 (like in the original "Barry Silbert Agreement") - and finally, they will switch to bit 1, so they and the "traditional BIP141" miners will signal together for Segwit.
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Torque
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June 19, 2017, 05:47:25 PM |
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Good lord, I will be so relieved when we can finally put all this SegWit / scaling crap behind us.
And here I thought the analysis-paralysis in Corporate America IT was bad, often with endless meeting-upon-meeting discussions and multi years delay in the simplest of move forward decisions....
This SegWit crap has put that to absolute shame.
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600watt
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June 19, 2017, 06:03:21 PM |
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Good lord, I will be so relieved when we can finally put all this SegWit / scaling crap behind us.
And here I thought the analysis-paralysis in Corporate America IT was bad, often with endless meeting-upon-meeting discussions and multi years delay in the simplest of move forward decisions....
This SegWit crap has put that to absolute shame.
i will also be relieved. scaling issues will (hopefully?) stay with bitcoin. that is the curse of mass adoption: massive scaling.
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d5000
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June 20, 2017, 05:45:51 AM Last edit: June 20, 2017, 05:56:55 AM by d5000 |
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Watching adoption / signalling on http://coin.dance/blocks: As of block 472079, we have: - in the last 100 blocks: 92 signalling for Segwit or Segwit2x, 8 not (92% approval). - in the last 144 blocks (~1 day): 133 signalling for Segwit or Segwit2x, 11 not (~92,4% approval). We are very close to 95%. I'm optimistic - that would mean that probably the BIP91/148 mechanism would not be necessary (only to work as a threat in the background).
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