Segwit2x reached 80%

[topper26]

Here we go
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

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[Meuh6879]

No, it doesn't.

[ridery99]

Is the SegWit coming or what? Everyone says different things

[hacknoid]

No, it doesn't.

Look at the 24-hour totals... signalling only began on Monday. 79.17% in last 24 hours; they are basing the numbers on hashing power committed, which will eventually result in enough blocks.

[Minecache]

Is the SegWit coming or what? Everyone says different things

Yes it is locked in. The poster above you is a known troll trying to spread FUD.

[Meuh6879]

Yes it is locked in.

No, it doesn't.

http://segwit.co/#

[infofront]

It's not "locked in". Over 80% of miners are signalling that they'll signal for segwit.

We won't know for sure for at least one month. The BTC1 segwit2x software is supposed to be released on 7/21, and that's when we'll see who actually signals for segwit.

[hase0278]

It's not "locked in". Over 80% of miners are signalling that they'll signal for segwit.

We won't know for sure for at least one month. The BTC1 segwit2x software is supposed to be released on 7/21, and that's when we'll see who actually signals for segwit.

Either way it is good news that many are signalling segwit2x. According to coindance.com 35.2% is signalling segwit2X this week and is second with Emergent Consensus in the lead but looking at the last 144 blocks which are made today, most are signalling segwit2X and if this continues it might catch up with Emergent Consensus. For now just be updated on the news and whatever proposal is implemented, I hope it is for the better of bitcoin.

[mike4001]

We are now at 86,1% :-)

[BitHodler]

We are now at 86,1% :-)

Even if we hit 100% right now, at this point this doesn't say much at all. It could take a good 3 months before the hard fork finally takes place, so it will require a good level of patience from everyone.

It's nothing more than a tiny step forward, and that's really it. That explains why the market hasn't really bumped much even though this can be seen as very important news.

[Amph]

Is the SegWit coming or what? Everyone says different things

probably yes, but it's tricky, because it's a combination of segwith which require 95% and 2mb hard fork, and from my understanding some miners don't like that the hard fork it's done after the activation in segwit2x...

then you have the UASF users that don't like miners, and don't like the fact that miners are agianst the second part of activation of segwit2x, the hard fork of 2mb, than the core team which is not pro all this

ah soap opera indeed

[Searing]

Is the SegWit coming or what? Everyone says different things

probably yes, but it's tricky, because it's a combination of segwith which require 95% and 2mb hard fork, and from my understanding some miners don't like that the hard fork it's done after the activation in segwit2x...

then you have the UASF users that don't like miners, and don't like the fact that miners are agianst the second part of activation of segwit2x, the hard fork of 2mb, than the core team which is not pro all this

ah soap opera indded

Again bitcoin core could just block the hardfork yet correct?

This compromise will just remove the segregated witness roadblock.

I just can't see core rolling over on this and giving all this future power

On development to the miners. Cave from their view on decentralization and

If they believe themselves, still believe a hard fork is dangerous and impractical.

It will likely be another year of FUD, if they can't even agree to meet in person.

Imho. Damn well hope I'm dead wrong.

[Mieehayii]

Winter is Coming.... 

Preparing to throw away your bitcoins

[hacknoid]

Is the SegWit coming or what? Everyone says different things

probably yes, but it's tricky, because it's a combination of segwith which require 95% and 2mb hard fork, and from my understanding some miners don't like that the hard fork it's done after the activation in segwit2x...

then you have the UASF users that don't like miners, and don't like the fact that miners are agianst the second part of activation of segwit2x, the hard fork of 2mb, than the core team which is not pro all this

ah soap opera indded

Again bitcoin core could just block the hardfork yet correct?

This compromise will just remove the segregated witness roadblock.

I just can't see core rolling over on this and giving all this future power

On development to the miners. Cave from their view on decentralization and

If they believe themselves, still believe a hard fork is dangerous and impractical.

It will likely be another year of FUD, if they can't even agree to meet in person.

Imho. Damn well hope I'm dead wrong.

While this appears to be a significant compromise from the miners (it is - they are giving in to the segwit pressure), this is really nothing more than trying to put in the place the Hong Kong agreement that was worked out 18 months ago and, had it been followed in good faith, would be COMPLETELY activated at this point.

As soon as BTC1 is released, the miners will run it, and immediately signal support for SW2X; it will only be a short matter of time after that that SW itself will fully activate (see https://medium.com/@jimmysong/segwit2x-what-you-need-to-know-b747e6326266).

It would be really sad if after all this Core still doesn't work with what is clearly most of the community.  90%+ of mining power as well as all the other Bitcoin company signatories of the New York Agreement.

BTC1 will move ahead with implementing the block size increase, and then it would be up to Core to effect the network split by not working on it.  So yes, core could block the 2MB blocksize, but they would definitely be in the minority at that point.  And also be clearly demonstrating their bad faith and failure to support much (most?) of the Bitcoin community.

[ComputerGenie]

...miners are signalling that they'll signal...

The "promise ring" of Bitcoin.  

[CyberKuro]

We are now at 86,1% :-)

I don't know, how could they said it already 86,1%? As I have seen at https://coin.dance/blocks and :
- segwit2x at 42,6%
- emergent consensus 41,7%
- segregated witness 33.8%
am I misunderstand about it? Or segwit2x + emergent consensus = 84,3% ?
Or anyone could mention a better site to watch over this consensus, thanks.

[kwukduck]

No it's not 80%. It's 42% signaling and 38% full protocol compatibility. They overlap

[hacknoid]

We are now at 86,1% :-)

I don't know, how could they said it already 86,1%? As I have seen at https://coin.dance/blocks and :
- segwit2x at 42,6%
- emergent consensus 41,7%
- segregated witness 33.8%
am I misunderstand about it? Or segwit2x + emergent consensus = 84,3% ?
Or anyone could mention a better site to watch over this consensus, thanks.

It's actually 87.5% of blocks mined today; you have to look at the little line on coin.dance; the blue bar is of the last 1000 blocks.  Signalling only began on Monday, but the current rate is about 87.5%.

[mike4001]

It's actually 87.5% of blocks mined today; you have to look at the little line on coin.dance; the blue bar is of the last 1000 blocks.  Signalling only began on Monday, but the current rate is about 87.5%.

It´s sad that this has to be explained over and over again

[Qunenin]

Either way the slow rise and the lack of protests on high mean that things will be fine.  There were some people that thought there were would be them and their orphaned wallet balance left to roast in the sun, but it can't be smoother than this and those that did have the arguments have just gone to the corner to pout.

[1Referee]

There were some people that thought there were would be them and their orphaned wallet balance left to roast in the sun

Weird sentence set up, but if I understand it right, you're referring to people being worried about "losing" their coins in case of a chain split? In case of an unsuccessful hard fork, the original chain splits in two active chains (it will mean that there is still the original Bitcoin, plus you have an altcoin as bonus), which means that every coin you had before the chain split, will be available in the other chain as well. No one will lose any coins - people shouldn't pay attention to trolls spreading fud.

[Iranus]

We are now at 86,1% :-)

Even if we hit 100% right now, at this point this doesn't say much at all. It could take a good 3 months before the hard fork finally takes place, so it will require a good level of patience from everyone.

I wouldn't call that patience.  It's a pretty hasty attempt at implementation if you ask me.

It could all fall apart yet.  SegWit supporting miners could decide not to support the hard fork later, which would cause absolute heaps of arguments and more drama regardless of whether or not it's necessary.

It's nothing more than a tiny step forward, and that's really it. That explains why the market hasn't really bumped much even though this can be seen as very important news.

I'd say it's because 90% of new Bitcoin buyers are brainless speculators and technical analysts who don't give the slightest shit about how promising something could look.  That said, there might be a hype spiral starting before SegWit activation.

[Meuh6879]

That's why Bitcoin Knots is here.
This is a normal Bitcoin Core with BIP148 command line enforcement possibility.

Like the UASF modified version of Bitcoin Core.
So ... around the 20 july, we will have somes members that they switch to enforce the Segwit over everything.

Code:

UASF =            Enforce Segwit at 1 August (clear, simple).
Bitcoin Knots =   Choose to enforce Segwit like UASF or follow the majority (BIP148 command line).
Bitcoin Core =    Follow the majority (no possibility to enforce Segwit).

[Taskford]

We are now at 86,1% :-)

And yes, majority of the miners signals for SegWit2x so there's no need to worry.
Just too excited for the outcome of the correction. Lets hope for the better.

[Taki]

Is the SegWit coming or what? Everyone says different things

There is an information that it starts on the 1st of August. Really don't know what it will bring to us and how it will affect on bitcoin and alts price.

[Amph]

Is the SegWit coming or what? Everyone says different things

probably yes, but it's tricky, because it's a combination of segwith which require 95% and 2mb hard fork, and from my understanding some miners don't like that the hard fork it's done after the activation in segwit2x...

then you have the UASF users that don't like miners, and don't like the fact that miners are agianst the second part of activation of segwit2x, the hard fork of 2mb, than the core team which is not pro all this

ah soap opera indded

Again bitcoin core could just block the hardfork yet correct?

This compromise will just remove the segregated witness roadblock.

I just can't see core rolling over on this and giving all this future power

On development to the miners. Cave from their view on decentralization and

If they believe themselves, still believe a hard fork is dangerous and impractical.

It will likely be another year of FUD, if they can't even agree to meet in person.

Imho. Damn well hope I'm dead wrong.

well no one can block anythiung here, because bitcoin is decentralized and based on con sensus, so if the majority want segwit2x this will happen regardless of everythign else

but then you have that if the exchange are not with segwit2x and remain with the old fork or want pure segwit, they will not listen the hard fork and therefore it's no different than having a new altcoin

the exchange now are on the fence it seems, it's not know what they are with it

[Searing]

Is the SegWit coming or what? Everyone says different things

probably yes, but it's tricky, because it's a combination of segwith which require 95% and 2mb hard fork, and from my understanding some miners don't like that the hard fork it's done after the activation in segwit2x...

then you have the UASF users that don't like miners, and don't like the fact that miners are agianst the second part of activation of segwit2x, the hard fork of 2mb, than the core team which is not pro all this

ah soap opera indded

Again bitcoin core could just block the hardfork yet correct?

This compromise will just remove the segregated witness roadblock.

I just can't see core rolling over on this and giving all this future power

On development to the miners. Cave from their view on decentralization and

If they believe themselves, still believe a hard fork is dangerous and impractical.

It will likely be another year of FUD, if they can't even agree to meet in person.

Imho. Damn well hope I'm dead wrong.

well no one can block anythiung here, because bitcoin is decentralized and based on con sensus, so if the majority want segwit2x this will happen regardless of everythign else

but then you have that if the exchange are not with segwit2x and remain with the old fork or want pure segwit, they will not listen the hard fork and therefore it's no different than having a new altcoin

the exchange now are on the fence it seems, it's not know what they are with it

So if enough people want seq wit 2 that part is on. But are there enough in bitcoin core
camp to block the 2mb hard fork? That is what I thought. Someone clarify? I'd bet bitcoin
core could dig up enough to stop 2mb hard fork. Details on how I'm wrong with how this works?