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Author Topic: Just confriming, segwit or segwit2x is going ahead on BTC?  (Read 5827 times)
squatter
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September 29, 2017, 09:18:25 AM
 #61

- bitcoin cash don't need witness segregation to increase the block size cause the block size limit has been removed all together on August 1st.

- the use a single composite constraint (weight) and the arbitrary discount of the witness data increase the complexity of bitcoin's economic incentives (two economics good rather than one) in a way that is not being studied and analyze enough.

The witness discount was only included as a compromise with those seeking larger block sizes, and it was a worthy compromise since Segwit is at worst UTXO-neutral, whereas standard transactions cause inevitable and perpetual UTXO bloat.

How are there "two economics rather than one?" The only change to incentives appears to be that there is greater incentive now to spend UTXOs rather than to create them. That seems bloody great to me.

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September 29, 2017, 09:51:01 AM
 #62

squatter, discussing the merit of SegWit was not the point of my post. I was just trying to respond to the usual maxwell's deceiving.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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October 04, 2017, 07:07:56 PM
 #63

If 90% or more of the miners supports it then its really core who should add replay protection and change the difficulty adjusting.
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October 04, 2017, 10:39:19 PM
 #64

If

Vires in numeris
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October 04, 2017, 11:33:04 PM
 #65

If 90% or more of the miners supports it then its really core who should add replay protection and change the difficulty adjusting.

So Core should add replay protection via hard fork because some other group that hasn’t rallied consensus to them wants to hard fork?  Never mind the complications from forks and rolling out new, well tested, software everywhere in a short period of time. 

Miners don’t dictate the protocol and it should be incumbent on the hard forkers to add replay protection if they can’t get consensus.  Otherwise it seems likely that the goal is only disruption.
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October 05, 2017, 03:16:10 PM
 #66

If 90% or more of the miners supports it then its really core who should add replay protection and change the difficulty adjusting.

Why are we still disusing this?

https://blockchain.info/en/pools

F2pool is %10+ of the hashrate, F2pool is not support segwit2xCoin anymore. Reason they are still voting "intentional" and noobs think it's still relevant:

https://twitter.com/f2pool_wangchun/status/906022864389681153

So thats -12% ish hashrate support for 2xCoin, and that doesn't count Slush and other miners that will defect.

The legacy chain will not disappear. Bitcoin will not lose.

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October 07, 2017, 07:12:17 AM
 #67

This still says 90-95% so f2pool playing games or something...

https://www.xbt.eu/

An month without a restart seems unlikely to me... would like to think they have some resilience and can bounce one of a pair but you never know how well/badly these pools are designed.
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October 08, 2017, 09:10:04 AM
 #68

If 90% or more of the miners supports it then its really core who should add replay protection and change the difficulty adjusting.

Why are we still disusing this?

https://blockchain.info/en/pools

F2pool is %10+ of the hashrate, F2pool is not support segwit2xCoin anymore. Reason they are still voting "intentional" and noobs think it's still relevant:

https://twitter.com/f2pool_wangchun/status/906022864389681153

So thats -12% ish hashrate support for 2xCoin, and that doesn't count Slush and other miners that will defect.

The legacy chain will not disappear. Bitcoin will not lose.



I think you are overestimating the power that some pool operators have. Even if the owner of
F2Pool decides to not support Segwit2x, it is entirely possible that the hashers (=the people,
who actually mine for F2Pool) have different preferences.

Besides, I don´t think that mining pools will be the decisive factor. It is more probable that
the miners will switch to the winning side - irrespective of which chain actually wins out.

The outcome is more dependent on the decision, which chain gets the desired "BTC" ticker
symbol at the main exchanges. As far as I know only Bitfinex has already clarified their stance
on this question. The other exchanges still haven´t addressed the upcoming fork.


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nibor
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October 10, 2017, 08:43:05 PM
 #69

Agree 20-40% of miners seem to be very short term motivated as seen when BitcoinCash difficulty dropped and was more profitable to mine than BTC - 30%+ of miner switched.

So will be all about the price BTC vs BTCSegwit the following few weeks till the 1st difficulty re-adjustment.

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