i’m newbie here 
Topic: Bitcoin november hard fork? - page 5. (Read 3624 times)
is this bitcoin cash i’m newbie here
i’m newbie here 
Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?
For the coming November hard fork, I think it is for the better sake of the bitcoin enthusiast for this event. Besides, whatever may happen on that day let is put trust everything in the above, all I know is it is surely for good as well. I do believed also after this November bitcoin will continue rise again to reach 10, 000$. But still lets see what will happen of course. A second hard fork from Bitcoin was previously expected to occur only in November with the advent of SegWit2x.
This is why I think it is better to have hardfork on bitcoin. we all know that the confrimation on transactions getting slow thats why we need to upgrade the speed of bitcoin.
I'm not too worried. When it suits their political agenda, miners like Bitmain will just spam the network and drive fees up anyway. We need to focus on layer 2 solutions regarding scaling. But more important than that: we need to focus on privacy and fungibility. Government intrusion and blockchain analysis are becoming increasing threats. Just look at BTC-e.
A second hard fork from Bitcoin was previously expected to occur only in November with the advent of SegWit2x.
This is why I think it is better to have hardfork on bitcoin. we all know that the confrimation on transactions getting slow thats why we need to upgrade the speed of bitcoin.
Hard fork digital currency (cryptocurrency) is a very technical issue. You must save your Bitcoin with a dedicated Bitcoin wallet provider platform that has teams with world-class technical competencies, along with world-standard security, such as Luno.
lets clear this matter up
replay protection is not needed!
whn a implementation wants to utilise consensus to upgrade the network when it activates there would be only ONE network, meaning no double coins.. just a majority continuing on one network and a minority stalled with orphans unable to sync. end of
replay protection is not needed!
whn a implementation wants to utilise consensus to upgrade the network when it activates there would be only ONE network, meaning no double coins.. just a majority continuing on one network and a minority stalled with orphans unable to sync. end of
How do you determine majority and minority? Companies (major economic nodes) might decide for their users, but can they deal with the blowback if they were wrong about what users wanted?
Replay protection is required if users are unsure which chain to follow. If both chains are viable, they ought to have the option, rather than many people instantly losing their coins on one chain or the other.
when core demand replay protection they are basically saying they want to create an altcoin by refusing to be part of the upgrade(new implementation(bip)) and will force a altcoin generation if people run the new implementation(bip).
what core should be doing is not being dictators and cause an altcoin. but instead let consensus do its job.
On the contrary, they are simply giving users a choice, rather than forcing a hard fork through their software which many people don't support. This way, users can have a choice one way or the other.
I get it: you'd prefer one chain, no split. Wouldn't we all? The question is, which chain is that?
lets clear this matter up
replay protection is not needed!
whn a implementation wants to utilise consensus to upgrade the network when it activates there would be only ONE network, meaning no double coins.. just a majority continuing on one network and a minority stalled with orphans unable to sync. end of
when core demand replay protection they are basically saying they want to create an altcoin by refusing to be part of the upgrade(new implementation(bip)) and will force a altcoin generation if people run the new implementation(bip).
what core should be doing is not being dictators and cause an altcoin. but instead let consensus do its job.
core have bypassed consensus a couple times now to follow the dictator roadmap designed by blockstream and tried pointing fingers elsewhere
EG avoided consensus and then gave the vote to only pools and then hypocritically blamed the pools.
in november core will have code to avoid communication with the next bip yes CORE putting in code to avoid communication with the next bip implementations.. but core will again blame the implementation when infact its core causing the split.
i really wish more people would understand the technology, code, rules and whats actually going on, instead of reading the reddit propaganda
replay protection is not needed!
whn a implementation wants to utilise consensus to upgrade the network when it activates there would be only ONE network, meaning no double coins.. just a majority continuing on one network and a minority stalled with orphans unable to sync. end of
when core demand replay protection they are basically saying they want to create an altcoin by refusing to be part of the upgrade(new implementation(bip)) and will force a altcoin generation if people run the new implementation(bip).
what core should be doing is not being dictators and cause an altcoin. but instead let consensus do its job.
core have bypassed consensus a couple times now to follow the dictator roadmap designed by blockstream and tried pointing fingers elsewhere
EG avoided consensus and then gave the vote to only pools and then hypocritically blamed the pools.
in november core will have code to avoid communication with the next bip yes CORE putting in code to avoid communication with the next bip implementations.. but core will again blame the implementation when infact its core causing the split.
i really wish more people would understand the technology, code, rules and whats actually going on, instead of reading the reddit propaganda
As a bitcoin holder, and speak for many other bitcoin holders and exchanges, what we want is a smooth and stable bitcoin, less confusion and faster transaction, less fees, etc. Would you like to address to people who think there is no such an urgent to split in November because now bitcoin is low transaction and more segwit deployment would empty more block space. We can at least wait to the point that the block is so full that we can try to increase the block size again.
lets clear this matter up
replay protection is not needed!
whn a implementation wants to utilise consensus to upgrade the network when it activates there would be only ONE network, meaning no double coins.. just a majority continuing on one network and a minority stalled with orphans unable to sync. end of
when core demand replay protection they are basically saying they want to create an altcoin by refusing to be part of the upgrade(new implementation(bip)) and will force a altcoin generation if people run the new implementation(bip).
what core should be doing is not being dictators and cause an altcoin. but instead let consensus do its job.
core have bypassed consensus a couple times now to follow the dictator roadmap designed by blockstream and tried pointing fingers elsewhere
EG avoided consensus and then gave the vote to only pools and then hypocritically blamed the pools.
in november core will have code to avoid communication with the next bip yes CORE putting in code to avoid communication with the next bip implementations.. but core will again blame the implementation when infact its core causing the split.
i really wish more people would understand the technology, code, rules and whats actually going on, instead of reading the reddit propaganda
replay protection is not needed!
whn a implementation wants to utilise consensus to upgrade the network when it activates there would be only ONE network, meaning no double coins.. just a majority continuing on one network and a minority stalled with orphans unable to sync. end of
when core demand replay protection they are basically saying they want to create an altcoin by refusing to be part of the upgrade(new implementation(bip)) and will force a altcoin generation if people run the new implementation(bip).
what core should be doing is not being dictators and cause an altcoin. but instead let consensus do its job.
core have bypassed consensus a couple times now to follow the dictator roadmap designed by blockstream and tried pointing fingers elsewhere
EG avoided consensus and then gave the vote to only pools and then hypocritically blamed the pools.
in november core will have code to avoid communication with the next bip yes CORE putting in code to avoid communication with the next bip implementations.. but core will again blame the implementation when infact its core causing the split.
i really wish more people would understand the technology, code, rules and whats actually going on, instead of reading the reddit propaganda
What will happen to BCash? I mean, they can't support both
They could care less, because this is just another attack on the Legacy/original Bitcoin. It is also a opportunity to divide the community and also a good opportunity to make a lot of money from the free coins.
I would not be amazed if BCash will go the same way as Bitcoin XT < Gone and forgotten >
The fork is just a power struggle between two groups of developers, who wants to be in full control over Bitcoin. The group on the BCrash side knew if they brought out a new Alt coin, it would not succeed, but if they fork Bitcoin and they can get enough people to support it, they would stand a chance to be in control. ^grrrrrrr^
It reminds me of what Wu jihan said, America is America, it is not England. Bitcoin cash is Bitcoin cash, it is not bitcoin. lol. Think about it. Bitcoin is really what they want. Not Bcash.
What will happen to BCash? I mean, they can't support both
They could care less, because this is just another attack on the Legacy/original Bitcoin. It is also a opportunity to divide the community and also a good opportunity to make a lot of money from the free coins.
I would not be amazed if BCash will go the same way as Bitcoin XT < Gone and forgotten >
The fork is just a power struggle between two groups of developers, who wants to be in full control over Bitcoin. The group on the BCrash side knew if they brought out a new Alt coin, it would not succeed, but if they fork Bitcoin and they can get enough people to support it, they would stand a chance to be in control. ^grrrrrrr^
Charlie lee, who is the founder of litecoin, posted in his twitter.
I am against Segwit2x hardfork in November due to 3 reasons: - lack of urgent need - lack of replay protection - lack of consensus
I totally agree with him. Now the mempool is almost empty and transaction fee is as low as several cents. There is no urgent need to increase the size. We at least can delay and have more discussion.
I am against Segwit2x hardfork in November due to 3 reasons: - lack of urgent need - lack of replay protection - lack of consensus
I totally agree with him. Now the mempool is almost empty and transaction fee is as low as several cents. There is no urgent need to increase the size. We at least can delay and have more discussion.
What will happen to BCash? I mean, they can't support both
Yes it is bound to happen this November so we will just expect another price correction by then. Although I think it will not greatly affect the market unlike the split with Bitcoin Cash. That's my take on the next Segwit happening in a few months.
Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?
I guess there would really be a hard fork and the ensuing "split" resulting into the birth of another altcoin just like what we experienced with BitcoinCash (BCH). Anyway, I am not a very technical person so I could not delve on its many technical aspects as most of them are beyond my simple grasp.
What I understand is that just like the BCH in August all Bitcoin holders would also be receiving their own share of this coming new altcoin and that is where the excitement is all about as it can mean free airdrop of possible money for all of us. I understand that this new fork may not really be good for the image of Bitcoin but there is nothing we can do if that would be the decision of those people involved.
I would just be glad to receive my share of the new coin.
First off, I think this rumoured November fork will spread another FUD in the Bitcoin community and plunge the price. Maybe, October will be the right time to buy more Bitcoin because of expected panic sell off.
To iamTom, this may not necessarily create an excitement for all the way it did for you during the August fork. There was a dude here who lost 45.8btc for attempting to claim the BCH from the Electrum wallet. In his confusion, just like many of us were, he wrongly downloaded a fake Electrum wallet from www.electrum-wallet.com and transferred the said amount of coins. And off his coins went. As at the time of the incidence those coins were worth over $150,000. I don't know if dude is still alive or he committed suicide thereafter.
A second hard fork from Bitcoin was previously expected to occur only in November with the advent of SegWit2x.
This is why I think it is better to have hardfork on bitcoin. we all know that the confrimation on transactions getting slow thats why we need to upgrade the speed of bitcoin.
Will bitcoin hard fork in November result in a third coin forked out from "Bitcoin"?
This is my first time to hear this news. If bitcoin will fork and fork and continue producing new alternative coins then, the whole alt coin ecosystem will be polluted with shitcoins.I thought it will just be a soft fork and it is far different from hard forking.
Does this mean another airdrop just like what happen last August, we need a fork that will solve our existing problem right now but this is not good for bitcoin to have so many fork the price get unstable every time there's news of new fork
there it have again ithink this is the time again to buy bitcoin..like in the last hardfork bitcoin is dump and is time to buy more bitcoin again i guess l...
well so far this hard fork has 95.7% of the miners support according to coin.dance! and it will be nothing like bitcoin cash crappy and forced fork that nobody even wanted. and when miners support is that high, and if it stays high by that day, it means there won't be any other chain remaining unless the other chain also hard forks to change the difficulty the PoW or something like that to survive with no hashrate.
this is why i still don't know what SegWit2x is going to do to bitcoin!
this is why i still don't know what SegWit2x is going to do to bitcoin!
As for me, what is going to happen will still be happening, we just cannot say in advance but lets just wait what will happen, anyway they said it is for our own good or to make the bitcoin economy better. I have also heard so many rumors about side effects that can cause a lot of trouble to us, but still I don't know if its true or not.
What are they going to call it?
Is it possible they could give it a decent name this time? Maybe something that doesn't imply that it's fiat currency?
Maybe they should call it Fucking Bitcoin so we can refer to it as F-Btc for short. What do you think?
Is it possible they could give it a decent name this time? Maybe something that doesn't imply that it's fiat currency?
Maybe they should call it Fucking Bitcoin so we can refer to it as F-Btc for short. What do you think?
well so far this hard fork has 95.7% of the miners support according to coin.dance! and it will be nothing like bitcoin cash crappy and forced fork that nobody even wanted. and when miners support is that high, and if it stays high by that day, it means there won't be any other chain remaining unless the other chain also hard forks to change the difficulty the PoW or something like that to survive with no hashrate.
this is why i still don't know what SegWit2x is going to do to bitcoin!
this is why i still don't know what SegWit2x is going to do to bitcoin!
Jump to: