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Author Topic: It happened with Bitcoin. It happened with LTC. And now it is happening again...  (Read 347 times)
First.Bitcoins
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October 23, 2017, 03:53:24 PM
 #1

Today's update from ArtByte

Activating SegWit on ArtByte requires consensus of 80% of the miners. Every miner we have been able to identify and talk to has upgraded to the latest version (v13.01) which has SegWit enabled.

There is still one or perhaps a few miners who have not upgraded and are using the old v8 code. Since they have not upgraded, they are in fact blocking ArtByte from enabling SegWit.

This blocking may or may not be intentional.

We ask all miners to upgrade to v13.01. Binaries for Win, MAC and Linux are available on our main site: https://www.artbyte.me/get-started/

Founding Dev of ArtByte, the crypto supporting the arts, started in NYC - May 1, 2014 ArtByte.me
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okbit
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October 23, 2017, 04:58:26 PM
 #2

I can't imagine that someone is intentionally blocking the segwit activation. What would be the benefit?
Nalbo
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October 23, 2017, 05:16:18 PM
 #3

If the miners are insisting to use the same blockchain without going with segwit than the only way remains is to fork the chain and force it through segwit.
serian
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October 23, 2017, 06:00:49 PM
 #4

Bad move from miners. What motivation do they have?

RichardBTC
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October 23, 2017, 06:09:03 PM
 #5

Maybe miners are showing that they have the power to dictate what happens and not the general public? Im just speculating but like you say why wouldnt miners want to upgrade on purpose to stop segwit from happening? Or maybe they are opposing it for another reason like they want to remain on the good old blockchain?

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SL125
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October 24, 2017, 12:59:07 PM
 #6

I was reading an article by the VTC dev. He said at one point someone was spending 30 BTC a day buying hash to stop their segwit upgrade.

Evidently they finally gave up as VTC now has segwit. I will probably be the same on ABY.
sunk818
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October 24, 2017, 02:54:14 PM
 #7

Buy a few antminer L3+ for the official pool and you will get more blocks solved on the upgraded code. Or rent some hash power temporarily to get over the hump... If you buy hardware, I'd be happy to host it at my house! Wink
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