2. BU work with NODE and POOL consensus, the only group wanting bilateral splits is the core group should BU get a majority.
3. if it could be triggered at any % it would have already
4. bu has not made threats, has no bip9 orphan block code, no UASF ban node/orphan block code and no chang mining algo code.. thats all core crap
5. bu has been running for 2 years with no deadlines. no threatsand will continue waiting for bitcoin hard(node and pool) consensus to limit orphan risk
6. all i see is that jihan said "accelerate".. no threat. just maybe something like make a official date of some official voting event period
many people dont grasp the terms hard vs soft very well..
this is because the sheep script writers have only mentioned best case scenario of the umbrella term soft and worse case for hard. and falsely make it seem that those are the only two options
Quote
clarity
soft and hard is simply:
soft: pool only vote
hard: nodes and pools vote
below these umbrella terms is what could happen.. in both hard and soft it can either continue as one chain. or bilateral split
softfork: consensus - >94% pools no banning/ignoring of minority. result: small 5% orphan drama then one chain. minority unsynced and dead
softfork: controversial - >50% pools no banning/ignoring of minority. result: long big% orphan drama then one chain. minority unsynced and dead
softfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains
hardfork: consensus - >94% nodes, then >94% pools no banning/ignoring of minority. result: 5% orphan drama then one chain. minority unsynced / dead
hardfork: controversial - >50% nodes, then >50% pools no banning/ignoring of minority. result: big% orphan drama then one chain. minority unsynced / dead
hardfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains
soft and hard is simply:
soft: pool only vote
hard: nodes and pools vote
below these umbrella terms is what could happen.. in both hard and soft it can either continue as one chain. or bilateral split
softfork: consensus - >94% pools no banning/ignoring of minority. result: small 5% orphan drama then one chain. minority unsynced and dead
softfork: controversial - >50% pools no banning/ignoring of minority. result: long big% orphan drama then one chain. minority unsynced and dead
softfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains
hardfork: consensus - >94% nodes, then >94% pools no banning/ignoring of minority. result: 5% orphan drama then one chain. minority unsynced / dead
hardfork: controversial - >50% nodes, then >50% pools no banning/ignoring of minority. result: big% orphan drama then one chain. minority unsynced / dead
hardfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains
the 20 exchange announcement was
if there was a CONTENTIOUS FORK (meaning controversial which then triggers core to open up their ban hammer) bu would be treated as the alt by not having majority..
but
if consensus occurs (the thing BU have in mind all along..) with BU having majority core actually becomes the altcoin.
bitfinex actually went into deeper detail
core having minority core = BCC
BU having minority bu=BCU
devil is in the details of the announcement... "contentious"
https://twitter.com/bitfinex/status/843226656940679170
once you get past the softbest:hardworse fatal flaw of FUD.. and realise that there are consensus options for both and split options for both.. things get clearer
