Feel like the headline is a bit sensationalist
Topic: AntPool - switch to Bitcoin Unlimited - page 4. (Read 3649 times)
Feel like the headline is a bit sensationalist
If a split occurs antpool and bitcoin unlimited will both die.
Antpool only processes transactions with high miner fees.
Which in turn, slows down transaction rates, nullifying any advantages that could be gained by a larger block size.
http://www.nasdaq.com/article/something-odd-is-happening-at-bitcoins-largest-mining-pool-cm756139
Everyone will stick with bitcoin core, as the transaction fees will be far less.
Antpool only processes transactions with high miner fees.
Which in turn, slows down transaction rates, nullifying any advantages that could be gained by a larger block size.
http://www.nasdaq.com/article/something-odd-is-happening-at-bitcoins-largest-mining-pool-cm756139
Everyone will stick with bitcoin core, as the transaction fees will be far less.
AntPool, the biggest BTC miner switch their Entire Pool to Bitcoin Unlimited 
https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain
well, what's next?
https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain
well, what's next?
How long before f2pool switches to BU?
So, wait a minute....If this results in a bitcoin fork will my coin immediately double if I am using the Bitcoin Unlimited client when this happens? I know my ethereum holding's doubled....The ETH chain preserved it's value but the ETC chain, while still maintaining some value, dropped. I sold my ETC immediately for ETH so I gained....But, what might happen here? Should we be prepared by running both clients, just in case?
Why is everyone so sad about this??? Finally someone taking action instead of just waiting... BU might not be your preferred scaling method but at least we get one, no scaling method would be the worst right now IMO. I'll be interesting how other pools will react to this and if they'll follow or not
I think so, instead of stay on this problem longer as we've been waiting for the rift be resolved. What will be happen next if bitcoin unlimited approved and implemented, whether is it will be fail or works, only time will tell.However, community should backing the decision of consensus which seems a fair vote.
Bitcoin unlimited developers keep making mistakes:
https://www.reddit.com/r/Bitcoin/comments/5z47f3/it_looks_like_chinabu_developers_forgot_to_add/
Nobody is going to take this seriously which is why all merchants support segwit:
https://bitcoincore.org/en/segwit_adoption/
and majority of nodes support Core:
https://coin.dance/nodes/share
It will be fun doubling my BTC for free.
https://www.reddit.com/r/Bitcoin/comments/5z47f3/it_looks_like_chinabu_developers_forgot_to_add/
Nobody is going to take this seriously which is why all merchants support segwit:
https://bitcoincore.org/en/segwit_adoption/
and majority of nodes support Core:
https://coin.dance/nodes/share
It will be fun doubling my BTC for free.
According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.
Who is Vinny Lingham? Where can I see his predictions?
He is the Bitcoin Oracle.
Here you go:
https://twitter.com/vinnylingham
https://medium.com/@vinnylingham
According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.
Wasn't that about the ETF?
Segregated Witness also failing to gain support with litecoin miners, development community should come with an alternative, nobody gives a fuck about Segregated Witness and now we will see the network forking, great times to be alive.
Well, Litecoin activation is almost entirely dependent on f2pool, and it seems there is some speculation that f2pool could be related to Bitmain somehow, so it's not really a surprise it's languishing there.
will never support BU because it doesn't work.
and you say that because....?
The program output keeps telling me this:
Code:
while ( 1 ) {
printf "BU does not work";
}According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.
Who is Vinny Lingham? Where can I see his predictions?
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will never support BU because it doesn't work.
and you say that because....?
Now that the price is recovering, Jihan Wu and Roger Ver will ruin the price again. Fucking idiots. All for nothing, since merchants and nodes will never support BU because it doesn't work. This is what happens when non-engineers don't know their place. Jihan Wu is an autistic mong that can only scale a mining business and Roger Ver is braindead when it comes to anything technical. Gavin CIA Andressen is supporting this too when he was saying it was a disaster years ago. Very sad.
The outcome is clear anyway, sell your BUcoins and wait for the price to recover as BUcoin becomes another marginal alt with clueless developers. Just another ETH/ETC event.
The outcome is clear anyway, sell your BUcoins and wait for the price to recover as BUcoin becomes another marginal alt with clueless developers. Just another ETH/ETC event.
well, what's next?
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.
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People are arguing that the adoption of Bitcoin Unlimited will split the Bitcoin community. But those who have a strong opinion about the scaling method used are not only in favour of SegWit. SegWit's adoption would also split Bitcoin to some extent, and if either is adopted it shows that a majority of miners were at least willing to compromise for the adoption or they were in support of it.
I think that some of the move to BU has been triggered by the need for 95% of mining power to support SegWit. This is an unrealistic goal and I think the consistently moderate performance of SegWit for months and the fear that a solution will never be found is partially what has led to the increased adoption of BU with a lower required rate of 75%.
I think that some of the move to BU has been triggered by the need for 95% of mining power to support SegWit. This is an unrealistic goal and I think the consistently moderate performance of SegWit for months and the fear that a solution will never be found is partially what has led to the increased adoption of BU with a lower required rate of 75%.
so how it work now that the big pool is switching he is making the same coin or other coin that are basically an altcoin? can he sell those coin? can he exchange them for the same value as the known coins?
According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.
Wasn't that about the ETF?
Segregated Witness also failing to gain support on litecoin, development community should come with an alternative, nobody gives a fuck about Segregated Witness and now we will see the network forking, great times to be alive.
There is an alternative - FlexTrans
Why is everyone so sad about this??? Finally someone taking action instead of just waiting... BU might not be your preferred scaling method but at least we get one, no scaling method would be the worst right now IMO. I'll be interesting how other pools will react to this and if they'll follow or not
Actually we have fear about getting two parallel bitcoin blockchain just like ETH and ETC after DAO. Split of network is not a good thing for any crypto, other alts may gain popularity if bitcoin network get split into two.
According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.
I hope this time his prediction about bitcoin price falls in his 10% average,bitcoin holders and traders are enjoying a very good atmosphere,even in this recent rejection,but we'll see in the coming days,all I know is when it falls a zoom in price is coming soon.
Why is everyone so sad about this??? Finally someone taking action instead of just waiting... BU might not be your preferred scaling method but at least we get one, no scaling method would be the worst right now IMO. I'll be interesting how other pools will react to this and if they'll follow or not
According to Vinny Lingham, we might see below $800 price any time soon when the hard fork happens. That's what he said and we all know that 90% of his predictions were accurate.
if this is true, then we should be prepare from now on so if the price is below than $800, we are ready and we can buy at cheap price than now. but i wonder, when the hard fork is happens and how long the price will stay in below of $800? i hope that price is not take too long so we can see the price is back normal soon.
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