Bitcoin Forum
December 16, 2017, 03:32:19 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Veteran Bitcoin expert Trace Mayer : SegWit and the Market.  (Read 164 times)
Meuh6879
Legendary
*
Offline Offline

Activity: 1456



View Profile
July 31, 2017, 09:59:49 PM
 #1

Source : http://www.zerohedge.com/news/2017-07-31/crypto-veteran-explains-bitcoins-software-update-and-recent-price-moves

Quote
Miners could be liars. They’ve proven that in the past when they have signaled falsely. So you get all types of Machiavellian games. But it does appear that we’ve gotten consensus.

People are starting to signal they are going for SegWit and people are relying on that. It’s really not in the miners’ best interest to disrupt this process any more than they already have. They stand to lose the most amount of money because they’re the only ones who have to actively choose which fork to follow, and that has the economic consequences.

Everybody else can just sit and hold and see how it plays out but doesn’t have to make an economic choice.

Simple article to introduce the Network Bitcoin Evolution to others parties.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!