SegWit transactions

[OmegaStarScream]

A major service stopped supporting SegWit transactions or something? SegWit.party charts shows that we reached all time high of 17% and then a sudden decrease so we're back to 8.50% for some reasons. Electrum is releasing the new wallet soon so that will give us a huge boost but I'm really curious to know what was the reason behind this.

[exstasie]

A major service stopped supporting SegWit transactions or something? SegWit.party charts shows that we reached all time high of 17% and then a sudden decrease so we're back to 8.50% for some reasons. Electrum is releasing the new wallet soon so that will give us a huge boost but I'm really curious to know what was the reason behind this.

A lot of people have been asking this same question, but all we can do is speculate. I think someone would have called out BitGo or Shapeshift if they stopped using Segwit transactions, and I haven't seen that. Maybe an entity like Bitmain initially pumped the number of Segwit transactions on the network (just like they do with spam), to build the perception of a decline in adoption as we head into the Segwit2x fork? I've noticed that network congestion has gotten really bad in the last day or two also. This certainly feels like manipulation to me.

I'm looking forward to the Electrum release, but I'm expecting it to be a slow process overall. Opt-in upgrades are slow.

[Iranus]

I noticed that too.  I suppose it could be part of the reason why there's been more unconfirmed transactions and slower transaction times over the past few days.

Maybe an entity like Bitmain initially pumped the number of Segwit transactions on the network (just like they do with spam), to build the perception of a decline in adoption as we head into the Segwit2x fork?

Seems unlikely.  If they were doing that then they would directly have been sending spam transactions.  Not sending spam transactions anymore would surely decrease the amount of congestion, so it would have to be a pretty complicated and well orchestrated attack which I don't see any evidence of.
I can't personally find any major services that have stopped taking SegWit transactions, and the ones I'm using still are, so it's certainly odd.  I can't think of any explanation though.

[eckmar]

I noticed that too.  I suppose it could be part of the reason why there's been more unconfirmed transactions and slower transaction times over the past few days.

Maybe an entity like Bitmain initially pumped the number of Segwit transactions on the network (just like they do with spam), to build the perception of a decline in adoption as we head into the Segwit2x fork?

Seems unlikely.  If they were doing that then they would directly have been sending spam transactions.  Not sending spam transactions anymore would surely decrease the amount of congestion, so it would have to be a pretty complicated and well orchestrated attack which I don't see any evidence of.
I can't personally find any major services that have stopped taking SegWit transactions, and the ones I'm using still are, so it's certainly odd.  I can't think of any explanation though.

I think it's more likely than major service dropping SegWit. After all we would have heard about it and users would notice anyways. Someone would post something.