segwit2X soon?

[Doofus]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

[pawel7777]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

Yeah, looks like segwit2x is going to happen. Bitmain is also in favour of it, the hardfork idea was their plan B (if segwit2x fails and UASF gets traction).

What ICO are you referring to?? If you mean Giga Watt, that's a scam:

https://blog.bitmain.com/en/gigawatt-infringement-announcement/

We have never authorized and will not authorize Giga Watt as our official hosting facility or our service center in the USA. We have never supported and will not support Giga Watt’s ICO. We have never authorized and will not authorize Giga Watt to use our BITMAIN trademark in any circumstances. Mr. WU Jihan has never been and will not be a member of Giga Watt team.

[ranreichman]

It seems that there's no way that Segwit2x won't happen at this point, the question is how the community will respond to the hard fork

[krishnapramod]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

Yeah, looks like segwit2x is going to happen. Bitmain is also in favour of it, the hardfork idea was their plan B (if segwit2x fails and UASF gets traction).

What ICO are you referring to?? If you mean Giga Watt, that's a scam:

https://blog.bitmain.com/en/gigawatt-infringement-announcement/

We have never authorized and will not authorize Giga Watt as our official hosting facility or our service center in the USA. We have never supported and will not support Giga Watt’s ICO. We have never authorized and will not authorize Giga Watt to use our BITMAIN trademark in any circumstances. Mr. WU Jihan has never been and will not be a member of Giga Watt team.

Yeah, Segwit2x is going to happen, Segwit would be activated and then three months down the lane hardfork is coming, that was Bitmain's plan A. The August chain split is just getting postponed for another three months. And once hard-forking is done, it would force the entire network to upgrade to the new consensus rules, there is no backwards compatibility, upgrade or just get kicked out of the bitcoin network.

Obviously in terms of the size of bitcoin network, a hard-forking would definitely have a deep impact. Guess there is no use putting hope on BIP148 to activate Segwit as a soft fork.

I guess what Vitalik Buterin is to ETH, Bitmain/Jihan Wu is becoming to bitcoin.

[Emoclaw]

It seems that there's no way that Segwit2x won't happen at this point, the question is how the community will respond to the hard fork

It's going to be very positive. This is what we were supposed to get until Core unilaterally tore the HK agreement.
Since it's also a compromise, the majority of people in both sides will be happy.

[bryant.coleman]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

This is confusing. Can anyone explain which among these are compatible with SegWit2X?

As of now, these are the hash rate stats:

Emergent Consensus: 40.6%
Segregated Witness (BIP 141): 30.5%
SegWit2x: 16.0%
Extension Blocks: 6.2%
BIP 100: 6.1%

How did you reached 76%? Is it Emergent Consensus+Segregated Witness+BIP 100?

[itooam]

bryant you need to look at "today's" figures i.e., the last 144 blocks (not the "week's" figures i.e., 1000 blocks).  Hover mouse over top graph (orange rectangle in segwit2x section) to get last 144 block figures.

[Emoclaw]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

This is confusing. Can anyone explain which among these are compatible with SegWit2X?

As of now, these are the hash rate stats:

Emergent Consensus: 40.6%
Segregated Witness (BIP 141): 30.5%
SegWit2x: 16.0%
Extension Blocks: 6.2%
BIP 100: 6.1%

How did you reached 76%? Is it Emergent Consensus+Segregated Witness+BIP 100?

Hover over the orange lines to look at today's stats. The 'this week' stats are expected to reflect what the last 144 blocks are showing sometime next week.

[Ayers]

It seems that there's no way that Segwit2x won't happen at this point, the question is how the community will respond to the hard fork

the hard fork is just the bitmain coin right? why the community should care about this new altcoin? exchange will never listen a bitcoin clone like that sow e are safe against their malicious intention, segwith2x will make bitcoin go very high in value, i'm buying more now

[mike4001]

It seems that there's no way that Segwit2x won't happen at this point, the question is how the community will respond to the hard fork

the hard fork is just the bitmain coin right? why the community should care about this new altcoin? exchange will never listen a bitcoin clone like that sow e are safe against their malicious intention, segwith2x will make bitcoin go very high in value, i'm buying more now

He just said he would fork IF UASF would get a go.

But since it looks like SegWit2X will be initiated before August 1st (UASF date) the UASF will not happen and Bitmain has no reason to initiate his fork.

[stompix]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

This is confusing. Can anyone explain which among these are compatible with SegWit2X?

As of now, these are the hash rate stats:

Emergent Consensus: 40.6%
Segregated Witness (BIP 141): 30.5%
SegWit2x: 16.0%
Extension Blocks: 6.2%
BIP 100: 6.1%

How did you reached 76%? Is it Emergent Consensus+Segregated Witness+BIP 100?

Hover over the orange lines to look at today's stats. The 'this week' stats are expected to reflect what the last 144 blocks are showing sometime next week.

And hovering over makes the things even more confusing.
Also check this out:


But in the end..... JUST DO IT!!!!
I'm getting too old for this never ending game of bitcorns.

[BillyBobZorton]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

This is confusing. Can anyone explain which among these are compatible with SegWit2X?

As of now, these are the hash rate stats:

Emergent Consensus: 40.6%
Segregated Witness (BIP 141): 30.5%
SegWit2x: 16.0%
Extension Blocks: 6.2%
BIP 100: 6.1%

How did you reached 76%? Is it Emergent Consensus+Segregated Witness+BIP 100?

Hover over the orange lines to look at today's stats. The 'this week' stats are expected to reflect what the last 144 blocks are showing sometime next week.

And hovering over makes the things even more confusing.
Also check this out:


But in the end..... JUST DO IT!!!!
I'm getting too old for this never ending game of bitcorns.

It is indeed confusing that that block mined by Antpool didn't signal for segwitx2 or BUcoin... maybe they are testing things up.

According to Barry Shillbert on twitter, the hashrate is 80%+ now anyway so it will lock in, but people should still pressing with UASF148 until the end, can't trust these people.

[Vishnu.Reang]

76.4% right now. If we get to 80% mark, then it will be a huge achievement. But I am a bit worried, as it has remained stuck at 75%-77% for quite some time now. How hard is it to get an additional 3.5%?

[mike4001]

76.4% right now. If we get to 80% mark, then it will be a huge achievement. But I am a bit worried, as it has remained stuck at 75%-77% for quite some time now. How hard is it to get an additional 3.5%?

Correct me if I am wrong but

1) At the moment Segwit2x Minders are signaling only NYA
2) Sometime before August 1st they will switch over to bit 1 (?) and so signal the same as all "normal" segwit miners
3) When this happens we are well beyond 95%

[Bunsomjelican]

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

please excuse me anyway, what is segwit? is it bad or good that can give to anyone?
What is the exact meaning of Segwit? I'm a bit confused about this things.

[bryant.coleman]

79.2% right now!!!

It can't get any closer. A difference of just 0.8%. I am still having a few doubts regarding it. For how long this 80% consensus needs to be maintained? And if the consensus dips below 80% for a short time period, does it gets void? This 80% mark, is it average required or the mandatory minimum?

[dissident]

Nice development by the miners. Glad to see it. Especially at this critical point where the total market cap of all coins is straddling the all time high. From a technical standpoint we need to break above that.. hit a good 120 billion.. it's in all our best interests.  Knowing that bitcoin will become more scalable with lower fees helps us all. It's trading short term gain for long term prosperity. It's the smart move.

[RoommateAgreement]

79.2% right now!!!

It can't get any closer. A difference of just 0.8%. I am still having a few doubts regarding it. For how long this 80% consensus needs to be maintained? And if the consensus dips below 80% for a short time period, does it gets void? This 80% mark, is it average required or the mandatory minimum?

from what i have read the "consensus" is at 95% not lower.
and that 0.8% you see is just fluctuations.
also the duration that they should keep signalling without falling under the said percentage on average is a full difficulty adjustment period. and then it will Lock_in. and it is on average meaning if it is 97% then goes down to 94% and up again and down again it still is considered on average above 95%

[elite3000]

Probably, if the miners don't fall back in the last minute. Some might stay behind, but will die or join the new chain soon.

[pawel7777]

79.9% as per coin.dance, although cointelegraph are already celebrating and reporting 80% threshold was reached (article from 20 hours ago):

https://cointelegraph.com/news/segwait-is-over-bitcoin-network-shows-80-percent-support-for-segwit2x