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Author Topic: [UPDATED]: The OFFICIAL SegWit2x Lock-in Thread  (Read 8415 times)
ZhuldyzKaladinova
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July 20, 2017, 09:35:54 PM
 #81

This has been nominated as the official SegWit2x lock-in thread. Please post updates here as and when this momentous event flappens.
hi minecache please explain for the inexperienced of us what this means.
is there a hidden meaning?
i dont understand it. is segwit2x about to happen to the Bitcoin network Huh
can you help us
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July 20, 2017, 10:04:30 PM
 #82

Agree - the miner support now is nearly 95% if you include those signalling /NYA/ - at which point a hardfork is very safe - especially if BitcoinCore got behind it as that would drag the user base with it - and that would allow them to retain their control of the codebase - just with a slight bloody nose. Am sure as soon a 2Meg block happens BTC1 will shutdown with a job-done sign.

Who is brave enough to submit that pull request on GitHub!

What I am really hoping - I know, most probably wishful thinking - is that Core and the NYA guys/miners/businesses sit down and negotiate a "better" hardfork. With more time for preparation (mid-to-late 2018) and more features that can be included, but with official Core team support. There seem to be many interesting technologies that could make Bitcoin even more scalable and fix some annoying bugs that need a hardfork,

This "Hardfork wishlist" seems a bit outdated. Does someone know a better one?

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July 20, 2017, 10:47:59 PM
 #83

What I am really hoping - I know, most probably wishful thinking - is that Core and the NYA guys/miners/businesses sit down and negotiate a "better" hardfork.

One way or another, the whole debate has pushed up the perception of how much effort a hard fork takes to get over the line.

This is good or bad, depending on your view of how discerning people can be about hard forks.

Does accepting a hard fork to fix a minor bug increase the chances that a hard fork that increased the maximum number of bitcoins would be accepted?

Near the start of the debate, there was a suggestion to try a non-controversial hard fork first before trying the block size one as a bit of a test run.  That would show that it can be done, at least for low controversy.

Quote
This "Hardfork wishlist" seems a bit outdated. Does someone know a better one?

Some of those can be achieved with segwit or are already solved.

1LxbG5cKXzTwZg9mjL3gaRE835uNQEteWF
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July 20, 2017, 10:58:39 PM
 #84

BIP91 LOCK-IN PERIOD:

26 blocks before current lock-in period ends. Still 11 blocks needed for a lock-in.
There are 83.2% BIP91 blocks mined in the current period.

Only 11 blocks needed. Damn that was fast. If I'm not mistaken yesterday it was around 70-100 blocks. I'm sure its gonna be lock-in the next few hours or so.

https://www.xbt.eu/
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July 20, 2017, 11:00:36 PM
Last edit: July 21, 2017, 12:09:49 AM by -ck
 #85

Only 0 more needed now. (heh, edited)

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July 20, 2017, 11:23:09 PM
 #86

Wow, this sure moved fast. I was planning on buying again today thinking it might dip to 2k or lower and I log in to see 2900 on Polo. Oh well, good news though.

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July 20, 2017, 11:33:33 PM
 #87

Five blocks to go. <3
This is gonna be my first official Bitcoin celebration tomorrow.

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July 21, 2017, 12:04:14 AM
 #88

One block to go. That was fast! This has been fun to watch and I'm looking forward to seeing what comes next
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July 21, 2017, 12:08:12 AM
 #89

One block to go. That was fast! This has been fun to watch and I'm looking forward to seeing what comes next
We all know what is coming next... $3000 ATH!

I'm glad to be here in time to be part of the Bitcoin history :)

HODL strong!

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enervey
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July 21, 2017, 12:12:58 AM
 #90

It's official! What an exciting time to be part of the Bitcoin community.
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July 21, 2017, 12:15:27 AM
 #91

Congratulations bitcoin! Relieving that this part of the drama was solved. Hehe, https://www.xbt.eu is down, guess a lot of people are trying to access it. Remember who said it first, over $3500 before aug 5, then downwards correction again.

Edit: Up again, apparently modifications were made Wink
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July 21, 2017, 12:15:32 AM
 #92

What's next? Do we deal with the hard fork in November or is that pretty much unlikely at this point? Sorry if this seems like a silly question, I am still very new to cryptocurrency.
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July 21, 2017, 12:21:27 AM
 #93

What's next? Do we deal with the hard fork in November or is that pretty much unlikely at this point? Sorry if this seems like a silly question, I am still very new to cryptocurrency.

The 2 MB hard fork in SegWit2X is contingent on a majority of miners running the btc1 client. Right now there are only about a hundred btc1 nodes.

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July 21, 2017, 12:57:59 AM
 #94

What's next? Do we deal with the hard fork in November or is that pretty much unlikely at this point? Sorry if this seems like a silly question, I am still very new to cryptocurrency.

The 2 MB hard fork in SegWit2X is contingent on a majority of miners running the btc1 client. Right now there are only about a hundred btc1 nodes.

.... Non mining?  Mining?

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July 21, 2017, 01:00:41 AM
 #95

Any reason for BIP91 getting these all these "fans" all of a sudden? It's been having a stratospheric rise no other BIP or proposal ever had...
People don't like chain splits.
BTC1 merged the BIP into their client.
SegWit will be activated through it.

Pick one. They're all true.

What's next? Do we deal with the hard fork in November or is that pretty much unlikely at this point? Sorry if this seems like a silly question, I am still very new to cryptocurrency.
The 2 MB hard fork in SegWit2X is contingent on a majority of miners running the btc1 client. Right now there are only about a hundred btc1 nodes.
And how much hash power is behind those 100 nodes?

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July 21, 2017, 03:21:50 AM
 #96

BIP91 LOCKED-IN
329 blocks until rejecting non-SegWit blocks.

https://www.xbt.eu/

Yes, it was already achieved guys.
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July 21, 2017, 03:37:05 AM
 #97

BIP91 LOCKED-IN
329 blocks until rejecting non-SegWit blocks.

https://www.xbt.eu/

Yes, it was already achieved guys.


Still I am having doubts. BIP 91 will be activated in the next few days but there is another step after that. If I am not wrong, then the hard fork will be activated only after 3 months. And the situation can change by then. I think that the 80% support is required for this stage as well.

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July 21, 2017, 03:54:08 AM
 #98

good article here: https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/

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July 21, 2017, 04:57:17 AM
 #99


It says "This means that after another 336 blocks, a little over two days from now, all BIP 91–compatible nodes will reject any block that doesn’t include bit 1."

then "In that case, BIP 141 should lock in by mid-August, and SegWit should be live on the Bitcoin network after a two-week “grace period” by the end of that month."

What is the difference and why It will take that long? the first one doesn't necessary means that SegWit will actually get activated? It will simply reject blocks?

One more thing, BIP91 should be compatible with UASF right? so running a BIP148 node could work with this SegWit2x or btc1 downloading is a must?

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July 21, 2017, 05:39:19 AM
 #100


It says "This means that after another 336 blocks, a little over two days from now, all BIP 91–compatible nodes will reject any block that doesn’t include bit 1."

then "In that case, BIP 141 should lock in by mid-August, and SegWit should be live on the Bitcoin network after a two-week “grace period” by the end of that month."

What is the difference and why It will take that long? the first one doesn't necessary means that SegWit will actually get activated? It will simply reject blocks?

One more thing, BIP91 should be compatible with UASF right? so running a BIP148 node could work with this SegWit2x or btc1 downloading is a must?

i don't know why BIP141 needs to lock in SegWit again, that part doesn't make sense to me at all but the reason you ask is because BIP141 (unlike BIP91) needs a full difficulty adjustment period which is much longer and about 2 weeks (BIP91 is 336 blocks or 2.33 days)

and as far as i know these BIPs each look at the block versions and need to see the correct one. BIP91 is using bit 4 version and BIP141 (an i think BIP148 too) look for bit 1. so this needs to change.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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