BIP 91 lock-in period

[NeuroticFish]

Any news from Bitcoin.com and Slush pool? I see that they are still not signaling BIP91 and I doubt that they'll afford to mine blocks on dead fork.
And there are a few more other pools... (interesting...)
I think that sooner or later they'll have to follow the money...

[Hueristic]

Any news from Bitcoin.com and Slush pool? I see that they are still not signaling BIP91 and I doubt that they'll afford to mine blocks on dead fork.
And there are a few more other pools... (interesting...)
I think that sooner or later they'll have to follow the money...

After Bip91 passes all miners will have until about november to upgrade before a fork will happen if you look at the blocks being mined you will notice there are some that do not support any upgrades whatsoever.

Scroll to the bottom and look at the transactions and you will see the actual votes.

https://coin.dance/blocks


This is the roadmap in flowchart form that shows what I just explained.



https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.epvpimg.com%2FjtWbgab.jpg&t=578&c=Pw7vOeZYvkyh2A

[PhucS]

A few days ago, the BIP 91 accounted for more than 63% but today it has surpassed 80%. The proportion of people support this solution has grown rapidly, and they are looking for a scaling solution. The mining community has agreed to activate BIP 91, I think most likely it will happen. However, everything can happen

[Hueristic]

A few days ago, the BIP 91 accounted for more than 63% but today it has surpassed 80%. The proportion of people support this solution has grown rapidly, and they are looking for a scaling solution. The mining community has agreed to activate BIP 91, I think most likely it will happen. However, everything can happen

One large pool can be faking it and revert still and change the outcome. That coupled with DDOS attacks can game the system in place.

[Meuh6879]

support for SegWit is 95.8%

No.

Because : http://bitcoin.sipa.be/versions.html

[Hueristic]

support for SegWit is 95.8%

No.

Because : http://bitcoin.sipa.be/versions.html

What the hell is BIP9???

Click on the graphs to see larger versions.
Block Versions

BIP9 Version Signaling:

This is the best link I have found for info on the subject. Enable JS for it to update.

https://coin.dance/blocks

[MakaveliTheDon]

55 blocks to go, 81.1% support so far

[Kprawn]

55 blocks to go, 81.1% support so far

The probability of activation is about 90% that it might happen, so I guess we will get there soon. I just hope we will have less issues once this

activates. We have been waiting for this for years and now we are seeing this happening. I hope our reward for this, will be a price increase to

between $3000 and $4000 for this year. 

[mike4001]

currently 51 out of 67 blocks needed for a lock in which is only 76% (out of the remaining ones)

[Sithara007]

currently 51 out of 67 blocks needed for a lock in which is only 76% (out of the remaining ones)

50 out of 66 needed now (75.75%) and no new block has been mined during the last 35 minutes. It is getting really tense. 66 blocks may take 4 days, right? So we may need to wait until July 24.

[Yakamoto]

Not sure if there's a similar thread like this, the lock-in period for BIP 91 has begun as of block 476,448.
Since there is unwavering support for it, well over 80%, it will most definitely be activated.
You can watch the current lock-in status here:
https://coin.dance/blocks
https://www.xbt.eu/

Damn, that's impressive. They're really going to go through with this aren't they? I'm impressed that they actually managed to get >80% of the hashrate to agree on something, but if they're going to put it through and make sure that there will be a fork that will hopefully fix the issues we have been experiencing then I guess I'm for it as it stands right now. I want to do a little more research on BIP91 since I looked at Segwit only/mostly during the time I was looking at solutions, but at a glance it seems good.

[Sithara007]

Now it is certain, isn't it? 46 needed out of 62, which corresponds to 74.2% of the remaining blocks. If you use any of the well known statistical distributions, then you will find that the probability of the BIP 91 getting locked in during this period is more than 99%. Those who sold their BTC to purchase LTC and Ethereum will be regretting their decision now.

[mike4001]

now 37 out of 52 needed (71%)

[unso]

So like it seems, Bip91 will get through, but what will happen after?

I know its about bigger Blocksizes ect. but how long will it take after Bip91 gets confirmed until the new Blocksize will work for the Chain?

[ashaw596]

So like it seems, Bip91 will get through, but what will happen after?

I know its about bigger Blocksizes ect. but how long will it take after Bip91 gets confirmed until the new Blocksize will work for the Chain?

Bip 91 itself will not increase the block size or activate segwit. After it locks in, it will activate 336 blocks later. Then the miners will start orphaning blocks which don't signal for segwit activation which will cause segwit to activate 2 weeks after that. Thats it for BIP 91, though as part of the segwit2x plan, the miners will probably try to activate a hard fork in November to increase the block size. That part is very up in the air at this point at how thats going to play out.

Bip 91 itself looks very likely to lockin soon well before UASF.

I think thats mostly accurate, but I might have gotten some details(maybe alot) wrong. Correct me if I did plz!

[favila]

So like it seems, Bip91 will get through, but what will happen after?

I know its about bigger Blocksizes ect. but how long will it take after Bip91 gets confirmed until the new Blocksize will work for the Chain?

Bip 91 itself will not increase the block size or activate segwit. After it locks in, it will activate 336 blocks later. Then the miners will start orphaning blocks which don't signal for segwit activation which will cause segwit to activate 2 weeks after that. Thats it for BIP 91, though as part of the segwit2x plan, the miners will probably try to activate a hard fork in November to increase the block size. That part is very up in the air at this point at how thats going to play out.

Bip 91 itself looks very likely to lockin soon well before UASF.

The people signalling segwit2x already accepted that there will be a block size increase and at this point I don't think anyone is interested in destroying bitcoin so I think that will go off as planned without problems.

[crazyivan]

It ll get locked in within a next few hours. Then the next 3 days stage starts. BTC price has already recognized this. What about alts?

[ashaw596]

So like it seems, Bip91 will get through, but what will happen after?

I know its about bigger Blocksizes ect. but how long will it take after Bip91 gets confirmed until the new Blocksize will work for the Chain?

Bip 91 itself will not increase the block size or activate segwit. After it locks in, it will activate 336 blocks later. Then the miners will start orphaning blocks which don't signal for segwit activation which will cause segwit to activate 2 weeks after that. Thats it for BIP 91, though as part of the segwit2x plan, the miners will probably try to activate a hard fork in November to increase the block size. That part is very up in the air at this point at how thats going to play out.

Bip 91 itself looks very likely to lockin soon well before UASF.

The people signalling segwit2x already accepted that there will be a block size increase and at this point I don't think anyone is interested in destroying bitcoin so I think that will go off as planned without problems.

I think it's clear what they want to do. But I don't believe there is consensus on it with bitcoin users (unlike with segwit). So if Nodes, btc users, and exchanges refuse to follow the 2 MB hard fork, it won't really mean much since everyone will have to update to a new client to support it. They might or might not reach concensus by then since UASF for example already shows theres been alot of pushback against miner control.

If they agree, we'll probs just increase the block size.
If there is concensus not to fork, miners would either have to aquiesce or begin attacking the network (if they have a majority, they can make it so no transactions can be confirmed or they keep getting erased).
If users and miners are split, the blockchain would probably split for at least a while.

[Wendigo]

It ll get locked in within a next few hours. Then the next 3 days stage starts. BTC price has already recognized this. What about alts?

Looks like people are selling their alt stashes and buying Bitcoins. Probably to cash out to fiat is my guess. Next week will be insane I think. Bitcoin will enter crazy town lol.