Only centralized shitcoin will be Cores UASF who has a very minority support.
And how would a UASF chain mined by ACTUAL bitcoin users be centralized?
A Jihancoin will be mined by Bitmain only. How is that decentralized?
Topic: Bitmain announces plan to create altcoin if BIP148 succeeds - page 19. (Read 16962 times)
And how would a UASF chain mined by ACTUAL bitcoin users be centralized?
A Jihancoin will be mined by Bitmain only. How is that decentralized?
It will not be an alt, it will be bitcoin. Only alt might be uasf chain. Don't believe the people that will tell you to sell off your non uasf chain tokens either. You will regret it for life.
Finally the removal of toxic Core/Blockstreamer influence and on to making bitcoin great again! Very bullish news!
Finally the removal of toxic Core/Blockstreamer influence and on to making bitcoin great again! Very bullish news!
Why would you support a centralized shitcoin? That makes no sense to me.
Only centralized shitcoin will be Cores UASF who has a very minority support.
It will not be an alt, it will be bitcoin. Only alt might be uasf chain. Don't believe the people that will tell you to sell off your non uasf chain tokens either. You will regret it for life.
Finally the removal of toxic Core/Blockstreamer influence and on to making bitcoin great again! Very bullish news!
Finally the removal of toxic Core/Blockstreamer influence and on to making bitcoin great again! Very bullish news!
Why would you support a centralized shitcoin? That makes no sense to me.
It will not be an alt, it will be bitcoin. Only alt might be uasf chain. Don't believe the people that will tell you to sell off your non uasf chain tokens either. You will regret it for life.
Finally the removal of toxic Core/Blockstreamer influence and on to making bitcoin great again! Very bullish news!
Finally the removal of toxic Core/Blockstreamer influence and on to making bitcoin great again! Very bullish news!
This has got to be one of the stupidest "contingency" plans that I've read so far. If anything, this will make the UASF movement stronger.
, or his BU shills (which dwell on this forum) may show him this post 
If the chain splits, it will be bad from an image perspective for BTC. Pride destroyed whats supposed to be a brilliant master piece.
If BIP148 doesn't succeed will they continue to mine legacy chain? (status quo chain)
I'm OK with both BIP148 & status quo TBH. But I would never support a contentious hard fork.
I'm OK with both BIP148 & status quo TBH. But I would never support a contentious hard fork.
Premine? You mean the part where they solo mine for 72 hours?
Yeah, it serves absolutely no purpose except to get 3 days of mining rewards to himself.
This has got to be one of the stupidest "contingency" plans that I've read so far. If anything, this will make the UASF movement stronger.
Agreed.
It'll be a new fork of Bitcoin sort of in the vein of how XT/BU/Classic would've worked, but apparently he plans a little extra premine of 5400 "BTC" for himself.
Premine? You mean the part where they solo mine for 72 hours?This has got to be one of the stupidest "contingency" plans that I've read so far. If anything, this will make the UASF movement stronger.
Oh thanks god! Thanks Jihan! Please mine your own coin, please let go off bitcoin.
Another good reason to mine bip148 for miners!
Another good reason to mine bip148 for miners!
oh i knew this would happen, what is this new coin that they would mine a fork of the original chian or an enterely new one, or maybe a coin already on the market?
It'll be a new fork of Bitcoin sort of in the vein of how XT/BU/Classic would've worked, but apparently he plans a little extra premine of 5400 "BTC" for himself.
oh i knew this would happen, what is this new coin that they would mine a fork of the original chian or an enterely new one, or maybe a coin already on the market?
price dropping mean that other miners will come and the profit will increase drastically, which is good for new comers
also seems that mienrs forget every time that the exchange is what matter, they will only lose profit by switching to a new coin without volume, and maybe not even listed anywhere...
price dropping mean that other miners will come and the profit will increase drastically, which is good for new comers
also seems that mienrs forget every time that the exchange is what matter, they will only lose profit by switching to a new coin without volume, and maybe not even listed anywhere...
https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/
Bitmain is announcing that if BIP148 succeeds, then they are essentially going to mine a new SHA-256 altcoin instead of Bitcoin. If you don't do anything, it'll be as if mining power dropped somewhat, but you'll otherwise be completely unaffected.
I feel like some people might read this statement as trying to force a decision between Bitmain's altcoin and BIP148, but you should be roughly equally unaffected whether or not you enforce BIP148. It might help BIP148's chances a little due to removing Bitmain from consideration and therefore increasing the chances of activating the traditional BIP141 SegWit deployment, though I continue to be pessimistic about BIP148's chances; I consider continuation of the status-quo and a somewhat later BIP149 UASF as the most likely outcome.
I kinda doubt that they're actually going to stick by what they say here, but if they do, it only seems like good news. If you'd like to use a currency controlled by a single company that puts its ability to use its patented Asicboost tech above all other considerations, feel free! I'll stick with Bitcoin, thank you very much.
Bitmain is announcing that if BIP148 succeeds, then they are essentially going to mine a new SHA-256 altcoin instead of Bitcoin. If you don't do anything, it'll be as if mining power dropped somewhat, but you'll otherwise be completely unaffected.
I feel like some people might read this statement as trying to force a decision between Bitmain's altcoin and BIP148, but you should be roughly equally unaffected whether or not you enforce BIP148. It might help BIP148's chances a little due to removing Bitmain from consideration and therefore increasing the chances of activating the traditional BIP141 SegWit deployment, though I continue to be pessimistic about BIP148's chances; I consider continuation of the status-quo and a somewhat later BIP149 UASF as the most likely outcome.
I kinda doubt that they're actually going to stick by what they say here, but if they do, it only seems like good news. If you'd like to use a currency controlled by a single company that puts its ability to use its patented Asicboost tech above all other considerations, feel free! I'll stick with Bitcoin, thank you very much.
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