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Author Topic: #NO2X - JOIN THE WAR!  (Read 5211 times)
khufuking
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October 08, 2017, 11:45:55 PM
 #81

I am not a technical boys but I see segwit2x come from the same parties as BCH hardfork like Xapo and friends, they fail in bch hardfork and try to attack the second chance, will bitcoin collapse? If not the bitcoin price will jump and there will be the third attack.
people and free market will decide, whether core or 2x who will have more supporter. just see and wait how all of this will become.
And when i say about supporter i mean individual bitcoin user, not monopolist corporates. people will choose.
Users here want 2x success not bcause they love it but because they want free money, just like previous fork, they dump free money for btc

As I can understand without reply protection in S2X it will be impossible to spend coins on both chains.
Thats mean you will lose your coins once spended on S2X.

Please correct me if I am wrong.
There is a Opt-in Replay Protection but not Strong 2-way Replay Protection , Someone already posted it , But it is not an easy like it was with the strong protection , Even after I have read it I still have some doubts and will just wait for better explanation . Here is the post that talk about it https://bitcointechtalk.com/how-segwit2x-replay-protection-works-1a5e41767103 , I am not even sure if this is accurate or not . Just wait I am sure that there will be an announcement at the top of BCT like with what happen in august .
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anotherbit
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October 08, 2017, 11:47:17 PM
 #82

Somehow, this is scary. Hard forks should be exceptional. We should not see a hard fork every quarter. This is damaging for BTC.

I totally agree with that, but we know that in current days, exchanges aren't going to decline an opportunity to generate huge loads of volume, and thus will list it anyway.

That's one of the annoying things. I feel that Poloniex adding Ethereum Classic last year spawned a whole new animal. Now Bitfinex adds altcoin after altcoin, token after token, no matter how scammy they are. And they have a clear interest in contentious forks -- they generate fees off the coin split contracts, the coins backing those contracts must remain locked on their exchange (they love that, especially if they are insolvent), and they stand to make considerable fees off coin split wars post-fork. They have a big incentive to see our community cannibalize itself, unfortunately.

What you remember saves you;




What shows this picture?

I don't get it.

Musicians connected together and can be derived to Music industry.

Anna Kurnikova,Ronaldo,Xavier Gonzales to sport industry.

It is obviously Roger Ver,Silbert,Maxwell,Dimon forming Fintech industry.


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October 09, 2017, 05:16:33 AM
 #83

I am not a technical boys but I see segwit2x come from the same parties as BCH hardfork like Xapo and friends, they fail in bch hardfork and try to attack the second chance, will bitcoin collapse? If not the bitcoin price will jump and there will be the third attack.
people and free market will decide, whether core or 2x who will have more supporter. just see and wait how all of this will become.
And when i say about supporter i mean individual bitcoin user, not monopolist corporates. people will choose.
Users here want 2x success not bcause they love it but because they want free money, just like previous fork, they dump free money for btc

As I can understand without reply protection in S2X it will be impossible to spend coins on both chains.
Thats mean you will lose your coins once spended on S2X.

Please correct me if I am wrong.

even with no replay protection it will NOT be impossible to spend coins safely on both chains. it will just be harder because you will have to take additional steps and most clients do not have easy, user-friendly options for most of the things you have to do (such as changing the locktime and using RBF,...).

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Wind_FURY
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October 09, 2017, 05:24:41 AM
 #84

Browsing through the thread, I am surprised that there are Bitcoin Cash supporters still wanting to argue about the affairs of Bitcoin. You people have your fork, be happy with it. I truly wish all the success for BCC and its community.


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neonshium
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October 09, 2017, 05:34:53 AM
 #85

On the data posted by OP, I see only one Japanese company that support segwit 2x this November, maybe the majority don't support. Japanese today are the largest bitcoin consumer in the world after the effect of April this year about the legal tender of bitcoin in Japan territory. I have a high hopes that bitcoin's value still stay strong as long as Japan and South Korea embraces bitcoin core. My action depends on Japan's move on which side they prefer, wherever they will go, i will follow. My bitcoin's future rely on Japanese demand.
Japanese are the wise nations and this will make them stronger than before because they are adopting the new developments and bitcoin is also depending on japan now because as the user demand increases in japan process will go up and automatically give benefits to the user all over the world and Japanese will keep hold on bitcoin in future.
rifiuti (OP)
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October 09, 2017, 08:46:01 AM
 #86

Good Read;

https://99bitcoins.com/who-supports-segwit2x-the-new-york-agreement-and-the-upcoming-bitcoin-fork-explained/



%74 of the nodes supporting the Core.
rifiuti (OP)
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October 10, 2017, 08:28:12 AM
 #87

Jaxx (Decentral) from Canada said they may or may not implement S2X, but if they do it will be as an altcoin.

Source; https://www.reddit.com/r/Bitcoin/comments/73f2eh/jaxx_did_not_decide_yet_to_implement_s2x_another/

Although I don't have two shit to give about their wallet because it's poorly written and others can easily steal your coins.
exstasie
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October 10, 2017, 08:32:36 AM
 #88

Jaxx (Decentral) from Canada said they may or may not implement S2X, but if they do it will be as an altcoin.

Source; https://www.reddit.com/r/Bitcoin/comments/73f2eh/jaxx_did_not_decide_yet_to_implement_s2x_another/UASF/BIP148

Interesting. I wasn't sure what to expect with them, since they were signed onto the New York Agreement. But I suppose in regards to economic nodes, we're more concerned about third party services (web wallets, exchanges, payment processors) than wallets.

Although I don't have two shit to give about their wallet because it's poorly written and others can easily steal your coins.

What do you mean, exactly? Are you just talking about the lack of encrypted passphrase (which is insecure, I know), or something else? I like the idea of it, especially with the Shapeshift.io app built in, but it doesn't feel safe with just a 4-number pin.

aarturka
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October 10, 2017, 08:42:11 AM
 #89


Bitcoin Cash is doing great.  I don't see any fail.

Jonald how is your bcash goin on? Are you happy that you sold your Bitcoin for bcash?
blockchainmarketus
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October 10, 2017, 09:28:54 AM
 #90

Wow, that will be a great war. I think it will show who is stronger. Decentralized vs Centralized, Let's fight for intruders. I won't loose my full pie for a half or quarter? I want double pies.
rifiuti (OP)
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October 10, 2017, 10:08:17 AM
 #91

Xapo on Segwit2x;

https://blog.xapo.com/about-the-bitcoin-segwit2x-update/
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October 10, 2017, 10:48:27 AM
Last edit: October 10, 2017, 01:12:14 PM by rifiuti
 #92

Opt-in replay protection removed from Segwit2x code but it will be probably replaced by something else that will secure both chains.

The reason for removing is; Peter Todd and David Harding found a security vulnerability that would allow LN users to steal funds from each other.

Source; https://github.com/btc1/bitcoin/commit/98c0af58c29efbecba25818adb5531fa8c3d0506

Detailed Explanation; https://twitter.com/hrdng/status/915967021254414336

--

Well basically that means there will be a hard fork with a replay protection or something, for sure. Coinbase, Xapo and all the NYA signers not going to move S2X chain but wait and see if S2X going to survive or not.

If the majority hash power moves to S2X and Legacy Bitcoin blockchain gets weak due low hashrate, NYA companies will have a good reason to convince their users about why they will move to S2X "to protect users money".

That is the first option. Second option is, let's say %50 of the hashrate is moved to S2X. So, Original Bitcoin blocks will be created more slowly, UTXO will grow up and yes network congestion will happen but I think the gap will be replaced quickly.
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October 10, 2017, 04:35:37 PM
 #93

Source; https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-October/000372.html

Quote
We want to bring Bitcoin to more users because it has unique features and
>> qualities (namely permissionless-ness, resistance to tx censorship,
>> resistance to inflation, pseudonymity) that the existing financial system
>> doesn't offer. The presence of these features is contrary to the interests
>> of many powerful entities (the legacy banking system, governments and their
>> surveillance agencies) and only survive thanks to Bitcoin's
>> decentralisation and absence of centralised points of failure. Being
>> willing to sacrifice or endanger Bitcoin's decentralisation to achieve
>> scaling isn't wise or forward thinking, and is completely self-defeating.
>> What's the point of on-boarding an ever greater number of users if you run
>> the risk of weakening those features and give those users the same
>> experience than current centralised paiement systems offer, e.g. tx
>> censorship, vulnerability to inflation, and government surveillance? This
>> would be a nonsensical and unproductive thing to do.
>>
>> Doing this would be all the more absurd that we now know (as we have
>> since 2015) that, before increasing base block size, we can greatly
>> increase throughput through more efficient of block space (with Segwit and,
>> in the near future, with MAST, Schnorr signatures and signatures
>> aggregation) and more importantly, with second layer technologies such as
>> the Lightning Network or sidechains. These technologies are under rapid
>> development, and will soon alleviate scaling.
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October 10, 2017, 04:51:50 PM
Last edit: October 10, 2017, 05:10:37 PM by franky1
 #94

im still laughing at the segwit supporters.. yea the sheep are re-bleeting out the segwit propaganda.. but when it comes to the pools that pushed for it.. the pools themself are too afraid to even use segwit transactions themselves

check out BTCC
not using segwit address to receive the coinbase(block reward)
https://blockchain.info/block/00000000000000000088f4c787292ba94088977df200bd36ff4c6789c377f460

then when they move funds from multiple block rewards into a more structured stash.. that address too is legacy not segwit
https://blockchain.info/tx/932082ade49edd35973e80fd88f4bf51abe1b69687643a9f887b88a09b5bca44

im laughing soo hard. BTCC was the biggest pool mouthpiece supporting segwit but cant even admit they fear using segwit transactions for their own stash.

people really need to stop reading the reddit promo propaganda and instead start thinking for real and asking the real questions

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 10, 2017, 07:40:08 PM
 #95

im still laughing at the segwit supporters.. yea the sheep are re-bleeting out the segwit propaganda.. but when it comes to the pools that pushed for it.. the pools themself are too afraid to even use segwit transactions themselves

check out BTCC
not using segwit address to receive the coinbase(block reward)
https://blockchain.info/block/00000000000000000088f4c787292ba94088977df200bd36ff4c6789c377f460

then when they move funds from multiple block rewards into a more structured stash.. that address too is legacy not segwit
https://blockchain.info/tx/932082ade49edd35973e80fd88f4bf51abe1b69687643a9f887b88a09b5bca44

im laughing soo hard. BTCC was the biggest pool mouthpiece supporting segwit but cant even admit they fear using segwit transactions for their own stash.

people really need to stop reading the reddit promo propaganda and instead start thinking for real and asking the real questions

fear? not sure about that.
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October 10, 2017, 08:16:59 PM
 #96

Segwit2x is a joke that has almost zero community support. Anyone who support this should be regarded mental or some corporation/institution shill/agent and thus should be discredited right away.

fear? not sure about that.
Franky1 is a lying, and hypocritical troll/shill. Don't believe a single word coming out of his mouth.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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October 10, 2017, 08:44:40 PM
Last edit: October 10, 2017, 09:01:32 PM by franky1
 #97

see what i mean about the sheep re-bleeting out the segwit propaganda.. to defend blockstream + their partners
they care more about protecting blockstream then they care about bitcoins utility

Franky1 is a lying, and hypocritical troll/shill. Don't believe a single word coming out of his mouth.

check the blockchain i even linked it!!! the evidence is in the blockchain and its immutable!

as for lauda's account of the 2x part.. either lauda is dumb or he is part of it..
2x was always a bait and switch.. bait the community with a chance of 2x by getting the community to naively accept segwit first using the bait of segwit2x.. then switch back to trying to get people to hate the 2x part.. even though the community only accepted segwit recently due to the agreement of the 2x being part of the deal

if the community was so strongly desiring just segwit it would have activated by christmas2016.. rather than lingering at 25-30%

if you dont believe me that segwit2x was just a bait and switch to give blockstream their segwit altcoin features into the bitcoin network.. just check out blockstream listed as part of silberts portfolio along with jgarzics bloq company
http://dcg.co/portfolio/#b

but hey lets see lauda scream "liar" without linking anything to oppose this topic... its funny

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October 10, 2017, 08:53:14 PM
 #98

see what i mean about the sheep are re-bleeting out the segwit propaganda..
they care more about protecting blockstream then they care about bitcoins utility
This has literally nothing to do with Blockstream and you're calling the defenders of decentralization "sheep". Ironic, and hypocritical. I wonder which agency hired you. Roll Eyes

Franky1 is a lying, and hypocritical troll/shill. Don't believe a single word coming out of his mouth.
check the blockchain i even linked it!!! the evidence is in the blockchain and its immutable!
You're telling me that they've recorded "We don't do this because we are afraid"? If not, then you're lying as always.

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October 10, 2017, 09:00:33 PM
 #99

What is this?

Segwit2x is going to happen. Why sit here and say it won't? It has so much support for miners and the companies. Making some post on a forum showing how Core doesn't want it is just making you look bad.

Everything is going to be ok.... Calm down lol. Everyone is always so on edge about hard forks, meanwhile bitcoin goes even higher each time...

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October 10, 2017, 09:15:57 PM
 #100

Well basically that means there will be a hard fork with a replay protection or something, for sure. Coinbase, Xapo and all the NYA signers not going to move S2X chain but wait and see if S2X going to survive or not.

If the majority hash power moves to S2X and Legacy Bitcoin blockchain gets weak due low hashrate, NYA companies will have a good reason to convince their users about why they will move to S2X "to protect users money".

Unfortunately, that gives Bitmain a lot of power here. People are under the impression that Bitmain doesn't care about Segwit2x because of Bitcoin Cash. I disagree. The BCH fork was largely about pushing the ecosystem away from Core. This represents another opportunity for Bitmain to do that, by making the legacy chain the weaker chain.

It's already widely believed that most of the Chinese pools (as well as BTC.com) are just Bitmain proxies. And in private, according to Greg Maxwell, Jihan Wu has bragged that Bitmain controls a majority of the hash rate outright.

That is the first option. Second option is, let's say %50 of the hashrate is moved to S2X. So, Original Bitcoin blocks will be created more slowly, UTXO will grow up and yes network congestion will happen but I think the gap will be replaced quickly.

This may happen but in the long term, it won't sustain. The market will eventually tip one direction or the other, and miners will follow. The question is: how much effect can miners have on the market? If most miners leave the network, that may have a big psychological effect on holders/traders.

 
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