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Topic: AntPool - switch to Bitcoin Unlimited (Read 3575 times)

legendary
Activity: 1456
Merit: 1004
March 21, 2017, 12:01:12 PM
#84
the other miners will follow them. as we can see, the biggest exchangers want a change too.
sr. member
Activity: 258
Merit: 250
March 19, 2017, 11:52:13 AM
#83
I do not like this situation at all. The price of bitcoin fell only on the news of the event, which may not happen. I think that the split will bring all the big losses. I do not want it(
I now do not know whether I will keep the bitcoins
legendary
Activity: 1456
Merit: 1004
March 19, 2017, 11:40:54 AM
#82
the most important thing is that AntPool, the biggest BTC miner is switching to Bitcoin Unlimited... the rest of the things, do not matter Smiley
sr. member
Activity: 276
Merit: 254
March 16, 2017, 01:37:02 PM
#81
Probably nothing going to happen for some time. But if Core stance wont change, then more miners might join BU later this year. If Core wont hear the whole community by accepting a compromise with BU, then we going to see chain split for sure, probably this year. While I preffer compromise, the second best option is the split, and the worst option is continue with status quo and crippled Bitcoin.
I don't think the worst option is to maintain the status quo, compromise would be better and then compromise, if there is a hard fork the price of bitcoin will plummet overnight, so it is not good for the users and the investors.

There is difference between split and hard fork. For sucessfull hard fork producting no split, there need to be compromises most agree to. But if Core dont want to talk to whole community and provide compromised proposal including the necessary onchain size increase together with malleability fix, then others have to do it instead. There is no takeover at all, just free market at work - when Core dont deliver what market wants, other going to deliver sonner or later. Thats the reason BU is on the rise.


BU has around of 40% now....so...it's not so much. Another big miner and i think it's done.

Antpool appears to have only moved some of it's servers to Unlimited

https://coin.dance/blocks

Shows plenty of Antpool blocks not signalling anything.



are they switching back now that bitcoin unlimited is show to ahve that bug and to be an unreliable chain? or they are still mining there, and if yes how are they selling their bitcoin mined there there are no merchants for BU yet

Only Chinese servers switched to BU so far, so about half of Antpool blocks are producted with BU. And BU blocks mined with BU are 100% compatible with Bitcoin - maybe you have some Bitcoins from BU blocks subsidy as well Wink
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
March 16, 2017, 01:27:09 PM
#80
BU has around of 40% now....so...it's not so much. Another big miner and i think it's done.

Antpool appears to have only moved some of it's servers to Unlimited

https://coin.dance/blocks

Shows plenty of Antpool blocks not signalling anything.



are they switching back now that bitcoin unlimited is show to ahve that bug and to be an unreliable chain? or they are still mining there, and if yes how are they selling their bitcoin mined there there are no merchants for BU yet
sr. member
Activity: 462
Merit: 250
March 16, 2017, 01:02:33 PM
#79
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited Smiley

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next?  Huh Roll Eyes Lips sealed

It appears that others are starting to move on the direction that they see fit with the current situation of Bitcoin now. Whether it'd be SegWit or BU, one thing is sure to happen and we should be prepared for it. Price of BTC will get hit by these changes and would drop into a 700-900 dollars zone. That's a conservative prediction and depends on the acceptance of the people. At least, someone's breaking the status quo that we have right now. We should move forward and tackle this problem head on if we wanted our beloved Bitcoin to survive.

What's the best online wallet to have when the Hard Fork happens? Blockchain? Trezor?

No wonder why Dash and ETH is getting pumped hard. It seems like investors are flipping bitcoin to altcoins after foreseeing the chances for heavy correction . I wonder how things will be going forward, would love to see bitcoin above $1000 mark whatever happens, fork or no fork.

In case of a hard fork I think it would be better to go with Blockchain wallet than Trezor. Any other opinion guys?
That's the thing though, if we look at the prices, we can see that investors aren't going from BTC to ETH/DASH, because BTC's price isn't dropping. This makes me think that it's new money from new people, that are new to the crytpo scene that's going into ETH/DASH. Either way the higher the market cap of all crypto's the better IMO  Tongue

Investors may not be -- but people that actually want to move money around might be who are dissuaded from Bitcoin's congestion and high fees...  please don't convince yourself this isn't bad.
It isn't bad if Bitcoin isn't the only crypto you're invested in  Tongue If it is, yeah... that's bad... and you need to do something. Don't lay all your eggs in one basket  Smiley, that also means you should have some money that's somewhere else than in crypto too.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
March 16, 2017, 12:54:13 PM
#78
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited Smiley

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next?  Huh Roll Eyes Lips sealed

It appears that others are starting to move on the direction that they see fit with the current situation of Bitcoin now. Whether it'd be SegWit or BU, one thing is sure to happen and we should be prepared for it. Price of BTC will get hit by these changes and would drop into a 700-900 dollars zone. That's a conservative prediction and depends on the acceptance of the people. At least, someone's breaking the status quo that we have right now. We should move forward and tackle this problem head on if we wanted our beloved Bitcoin to survive.

What's the best online wallet to have when the Hard Fork happens? Blockchain? Trezor?

No wonder why Dash and ETH is getting pumped hard. It seems like investors are flipping bitcoin to altcoins after foreseeing the chances for heavy correction . I wonder how things will be going forward, would love to see bitcoin above $1000 mark whatever happens, fork or no fork.

In case of a hard fork I think it would be better to go with Blockchain wallet than Trezor. Any other opinion guys?
That's the thing though, if we look at the prices, we can see that investors aren't going from BTC to ETH/DASH, because BTC's price isn't dropping. This makes me think that it's new money from new people, that are new to the crytpo scene that's going into ETH/DASH. Either way the higher the market cap of all crypto's the better IMO  Tongue

Investors may not be -- but people that actually want to move money around might be who are dissuaded from Bitcoin's congestion and high fees...  please don't convince yourself this isn't bad.
sr. member
Activity: 462
Merit: 250
March 16, 2017, 12:51:01 PM
#77
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited Smiley

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next?  Huh Roll Eyes Lips sealed

It appears that others are starting to move on the direction that they see fit with the current situation of Bitcoin now. Whether it'd be SegWit or BU, one thing is sure to happen and we should be prepared for it. Price of BTC will get hit by these changes and would drop into a 700-900 dollars zone. That's a conservative prediction and depends on the acceptance of the people. At least, someone's breaking the status quo that we have right now. We should move forward and tackle this problem head on if we wanted our beloved Bitcoin to survive.

What's the best online wallet to have when the Hard Fork happens? Blockchain? Trezor?

No wonder why Dash and ETH is getting pumped hard. It seems like investors are flipping bitcoin to altcoins after foreseeing the chances for heavy correction . I wonder how things will be going forward, would love to see bitcoin above $1000 mark whatever happens, fork or no fork.

In case of a hard fork I think it would be better to go with Blockchain wallet than Trezor. Any other opinion guys?
That's the thing though, if we look at the prices, we can see that investors aren't going from BTC to ETH/DASH, because BTC's price isn't dropping. This makes me think that it's new money from new people, that are new to the crytpo scene that's going into ETH/DASH. Either way the higher the market cap of all crypto's the better IMO  Tongue
hero member
Activity: 1092
Merit: 501
March 15, 2017, 08:24:33 PM
#76
well, what's next?  Huh Roll Eyes Lips sealed

Probably nothing going to happen for some time. But if Core stance wont change, then more miners might join BU later this year. If Core wont hear the whole community by accepting a compromise with BU, then we going to see chain split for sure, probably this year. While I preffer compromise, the second best option is the split, and the worst option is continue with status quo and crippled Bitcoin.
I don't think the worst option is to maintain the status quo, compromise would be better and then compromise, if there is a hard fork the price of bitcoin will plummet overnight, so it is not good for the users and the investors.
legendary
Activity: 1098
Merit: 1000
March 15, 2017, 06:38:06 PM
#75
BU has around of 40% now....so...it's not so much. Another big miner and i think it's done.

Antpool appears to have only moved some of it's servers to Unlimited

https://coin.dance/blocks

Shows plenty of Antpool blocks not signalling anything.

legendary
Activity: 1456
Merit: 1004
March 15, 2017, 05:39:49 PM
#74
i think it is a matter of time until other huge miner will switch to BU
This won't change much, they need 70%,  which means they still have a long way to go and in the meantime another better solution may be proposed.
Don't forget there's still a strong opposition to BU. One thing is certain, if the fork happens you will all be able to get some cheap coins, because the price will take a huge hit.

BU has around of 40% now....so...it's not so much. Another big miner and i think it's done.

Of last 1000 I see 33% of blocks, not 40%. I would like to se 40% - that would mean halfway there.

They won't activate until 75% for a difficulty period which is 2016 blocks so one has to look at a bigger picture than just last day or whatever is being used for the 40% count.

it was less than 20% few months ago... Smiley
full member
Activity: 182
Merit: 107
March 15, 2017, 12:44:11 PM
#73
i think it is a matter of time until other huge miner will switch to BU
This won't change much, they need 70%,  which means they still have a long way to go and in the meantime another better solution may be proposed.
Don't forget there's still a strong opposition to BU. One thing is certain, if the fork happens you will all be able to get some cheap coins, because the price will take a huge hit.

BU has around of 40% now....so...it's not so much. Another big miner and i think it's done.

Of last 1000 I see 33% of blocks, not 40%. I would like to se 40% - that would mean halfway there.

They won't activate until 75% for a difficulty period which is 2016 blocks so one has to look at a bigger picture than just last day or whatever is being used for the 40% count.
legendary
Activity: 1456
Merit: 1004
March 15, 2017, 12:34:56 PM
#72
i think it is a matter of time until other huge miner will switch to BU
This won't change much, they need 70%,  which means they still have a long way to go and in the meantime another better solution may be proposed.
Don't forget there's still a strong opposition to BU. One thing is certain, if the fork happens you will all be able to get some cheap coins, because the price will take a huge hit.

BU has around of 40% now....so...it's not so much. Another big miner and i think it's done.
full member
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
March 15, 2017, 11:56:53 AM
#71
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited Smiley

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next?  Huh Roll Eyes Lips sealed

It appears that others are starting to move on the direction that they see fit with the current situation of Bitcoin now. Whether it'd be SegWit or BU, one thing is sure to happen and we should be prepared for it. Price of BTC will get hit by these changes and would drop into a 700-900 dollars zone. That's a conservative prediction and depends on the acceptance of the people. At least, someone's breaking the status quo that we have right now. We should move forward and tackle this problem head on if we wanted our beloved Bitcoin to survive.

What's the best online wallet to have when the Hard Fork happens? Blockchain? Trezor?

No wonder why Dash and ETH is getting pumped hard. It seems like investors are flipping bitcoin to altcoins after foreseeing the chances for heavy correction . I wonder how things will be going forward, would love to see bitcoin above $1000 mark whatever happens, fork or no fork.

In case of a hard fork I think it would be better to go with Blockchain wallet than Trezor. Any other opinion guys?
full member
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
March 15, 2017, 11:54:21 AM
#70
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited Smiley

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next?  Huh Roll Eyes Lips sealed

It appears that others are starting to move on the direction that they see fit with the current situation of Bitcoin now. Whether it'd be SegWit or BU, one thing is sure to happen and we should be prepared for it. Price of BTC will get hit by these changes and would drop into a 700-900 dollars zone. That's a conservative prediction and depends on the acceptance of the people. At least, someone's breaking the status quo that we have right now. We should move forward and tackle this problem head on if we wanted our beloved Bitcoin to survive.

What's the best online wallet to have when the Hard Fork happens? Blockchain? Trezor?

No wonder why Dash and ETH is getting pumped hard. It seems like investors are flipping bitcoin to altcoins after foreseeing the chances for heavy correction . I wonder how things will be going forward, would love to see bitcoin above $1000 mark whatever happens, fork or no fork.

In case of a hard fork I think it would be better to go with Blockchain wallet than Trezor. Any other opinion guys?
full member
Activity: 224
Merit: 100
March 15, 2017, 11:43:59 AM
#69
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited Smiley

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next?  Huh Roll Eyes Lips sealed

It appears that others are starting to move on the direction that they see fit with the current situation of Bitcoin now. Whether it'd be SegWit or BU, one thing is sure to happen and we should be prepared for it. Price of BTC will get hit by these changes and would drop into a 700-900 dollars zone. That's a conservative prediction and depends on the acceptance of the people. At least, someone's breaking the status quo that we have right now. We should move forward and tackle this problem head on if we wanted our beloved Bitcoin to survive.

What's the best online wallet to have when the Hard Fork happens? Blockchain? Trezor?
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
March 15, 2017, 11:32:44 AM
#68
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited Smiley

https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain

well, what's next?  Huh Roll Eyes Lips sealed

It appears that others are starting to move on the direction that they see fit with the current situation of Bitcoin now. Whether it'd be SegWit or BU, one thing is sure to happen and we should be prepared for it. Price of BTC will get hit by these changes and would drop into a 700-900 dollars zone. That's a conservative prediction and depends on the acceptance of the people. At least, someone's breaking the status quo that we have right now. We should move forward and tackle this problem head on if we wanted our beloved Bitcoin to survive.
newbie
Activity: 57
Merit: 0
March 15, 2017, 11:04:42 AM
#67
I propose a new Bitcoin fork, BitcoinInfinite. It expands on the excellent work of the BitcoinUnlimited developers.

  • No block size limits. Miners always know what's best.
  • No block reward limit. Miners know what's best, so we should let them choose how much they reward themselves when they find a block. Don't let the Blockstream Core developers chain you down!
  • No difficulty retargets. The 10 minute block time imposed on us by the awful Blockstream Core developers are stupid, let the miners choose.

I am looking for developers to assist me with the development of BitcoinInfinite. Please PM me if you are able to code, it would be great if you knew how to add assertions triggered by untrusted remote inputs.

#MakeBitcoinInfiniteAgain, this is what Satoshi would have wanted!

Don't use /dev/random for your seeds - you can run out of entropy !!!!

Use /dev/null instead.
Thank you for the suggestion. Would you like to be the chief scientist at the BitcoinInfinite Foundation?
hero member
Activity: 882
Merit: 506
March 15, 2017, 10:47:46 AM
#66
i think it is a matter of time until other huge miner will switch to BU
This won't change much, they need 70%,  which means they still have a long way to go and in the meantime another better solution may be proposed.
Don't forget there's still a strong opposition to BU. One thing is certain, if the fork happens you will all be able to get some cheap coins, because the price will take a huge hit.

Indeed it is still a long way to go, but a lot could still happen and there might be a chance that the next biggest mining pool joins the band wagon and we all end up with that hard fork. Prices will really go down, but yeah the plus side is that you get to buy cheap coins, so everybody keep your wallets ready!
legendary
Activity: 2618
Merit: 1103
March 15, 2017, 10:39:05 AM
#65
i think it is a matter of time until other huge miner will switch to BU
This won't change much, they need 70%,  which means they still have a long way to go and in the meantime another better solution may be proposed.
Don't forget there's still a strong opposition to BU. One thing is certain, if the fork happens you will all be able to get some cheap coins, because the price will take a huge hit.
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