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Author Topic: Segwit it fail try to prevent BITCOIN CLASSIC OF 2014 existince?  (Read 1270 times)
xbiv2
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July 13, 2017, 08:37:34 PM
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I think "bitcoin unlimited" is better than segwit. Yes or not?
Becouse it more undestandable.
Segwit it fail try to prevent BITCOIN CLASSIC OF 2014 existince.
Segwit posible to do with litecoin, becouse litecoin have almost empty blocks, and in fact have zero segwit style transactions.
But segwit imposible with BITCOIN, becouse segwit style transactions will be detected like double spend by BITCOIN CLASSIC OF 2014 miners very fast (1 or 2 blocks) and new blockchain will be regected.
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Soft fork impossible:
Quote
In block N have segwit transaction from A->B .
In block N+1 have normal transaction from B->C .
Block N+1 rejected by BITCOIN of 2014 (CLASSIC) because B have zero balance.
Wouldn't that then make SegWit a hard fork if clients do not accept it? Are you referring to miners or regular wallet users in this example?
Just send RAW not segwit transaction in block N+1 from B->C.
New segwit software (of miners) will accept it, BITCOIN of 2014 (CLASSIC) will reject.
It can do anyone who own BTC to pay transactions fee.
https://bitcointalk.org/index.php?topic=2044085 <-more information
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I think will be all 4 sort of BITCOIN
BITCOIN-CLASSIC OF 2014
BITCOIN-SEGWIT (faill "soft fork")
BITCOIN-SEGWIT2
BITCOIN-UNLIMITED (CASH)
And it will start new wave of speculations.
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Exchangers Position:
https://poloniex.com/press-releases/2017.03.17-Hard-Fork/
https://www.okcoin.com/t-423.html
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Current statistic:
https://blockchain.info/charts/bitcoin-unlimited-share
https://blockchain.info/charts/bip-9-segwit

Miners have low acceptance for bitcoin classic, what about exchangers?
Current support of exchangers and prices will completely change the distribution of miners.
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Bitcoin protected by many people:
1. Miners (not only mining pools but miners itself, miner select pool with policy he accept)
2. Exchangers (at now main giver of price to Bitcoin)
3. Mining pools.
No one of this people want bad for bitcoin.
Not trust to bitcoin-core developers and use bitcoin-core of 2014 https://bitcoin.org/bin/insecure/bitcoin-core-0.9.1/
(fix insecure: https://bitcoin.org/bin/insecure/README.txt https://bitcoin.org/en/alert/2015-10-12-upnp-vulnerability )
And wait until everything will clears up.


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unamis76
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July 13, 2017, 08:39:15 PM
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We're way past this... Why resurrect months old discussions?
xbiv2
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July 14, 2017, 09:10:24 AM
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I think will be all 4 sort of BITCOIN
BITCOIN-CLASSIC OF 2014
BITCOIN-SEGWIT (faill "soft fork")
BITCOIN-SEGWIT2
BITCOIN-UNLIMITED (CASH)
And it will start new wave of speculations.

xbiv2
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August 14, 2017, 12:33:03 AM
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Current statistic:

https://www.xbt.eu/
https://coin.dance/blocks
https://www.btcforkmonitor.info/

Miners have low acceptance for bitcoin classic, what about exchangers?
Current support of exchangers and prices will completely change the distribution of miners.

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