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Topic: F2Pool started signalling Segwit - page 4. (Read 5818 times)

copper member
Activity: 2996
Merit: 2374
April 01, 2017, 02:58:40 AM
#35
It seems different now, unless they managed to break Blocktrail:


They are still signaling for BU, with an EC of 25 MB blocks

The coinbase of block 459872 can be decoded to:
Quote
[...]EB25/AD23/8M[...]
I assume that blocktrail is probably looking for "EB1" which signals BU with an EC of 1MB blocks.
legendary
Activity: 2674
Merit: 2965
Terminated.
April 01, 2017, 02:43:51 AM
#34
It seems different now, unless they managed to break Blocktrail:

sr. member
Activity: 476
Merit: 501
April 01, 2017, 02:28:39 AM
#33
Either way I expect by April 2 they'll go back to signalling... nothing.

In the UK, an April fools prank must occur before midday, otherwise the joke is on you.

I assume all these little coin symbols people have acquired under their rank is bitcointalks fool's day joke?
sr. member
Activity: 276
Merit: 254
April 01, 2017, 01:50:05 AM
#32
i would not be surprised if antpool signaling for BU is a part fo the today april fool, even if it happened way before it, because i can't believe they are going with bu, when i remember clearly that in the past no pool was going to support block that were more than 2MB

Your wrong, there is long time agreement with most pools to support up to 8 MB blocks, thats why F2pool signalled 8MB for so long
legendary
Activity: 3248
Merit: 1070
April 01, 2017, 12:41:49 AM
#31
Quite the April Fool's joke, I tell you. This goes to show how worthless of a political game signaling really is. Stick to the real thing! Smiley

i would not be surprised if antpool signaling for BU is a part fo the today april fool, even if it happened way before it, because i can't believe they are going with bu, when i remember clearly that in the past no pool was going to support block that were more than 2MB

or that or must be some sort of buy cheap coin on the market, because mienrs are also traders, that can manipulate the market
hero member
Activity: 994
Merit: 544
April 01, 2017, 12:34:41 AM
#30


https://www.blocktrail.com/BTC/block/000000000000000001a04ace6390273bcecbe2b07603853987306c2c72723042

The weird part is that it is signalling so many things at once, besides BU! Is F2Pool trolling? Cheesy Stay tuned for a follow-up list.

Note: It has also started signalling Segwit on LTC less than 1 hour ago.

According to the coinbase, they may be also signalling for BU.

This is weird and in my opinion f2pool is trying to do some experiment as to what kind of core they will eventually use in their system. My friends made a joke about that and told me that f2pool will accept all those codes at once, they will divide the pool in different categories so they can accommodate all kind of miners who uses different kind of codes. I just simply told him that it is impossible to happen and probably later on they will post that kind of code will they support.
copper member
Activity: 2996
Merit: 2374
April 01, 2017, 12:26:26 AM
#29
It seems that for F2Pool the best solution is Segwit, they have already stated many times that they will signal for it eventually.
I have no inside information nor do I have a reference to this, as it is speculation.

I think that f2pool (and likely other smaller pools that have not signaled any proposal) will signal for whatever proposal that first gets some hashrate percentage above 50%, and as more pools signal for this proposal, other pools will be under additional pressure to signal for this proposal.

I would say that the time from 51% to activation will be very short for whatever scaling solution gets implemented.
legendary
Activity: 3472
Merit: 10611
April 01, 2017, 12:19:20 AM
#28
the bitcoin signalling is obviously an April fool joke since they are signalling everything! (not sure if it is a good joke though)

but i think the litecoin part is going to happen. https://twitter.com/SatoshiLite/status/847910867152719873 and i believe it will be a good thing to have it on litecoin first and move to bitcoin next.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
March 31, 2017, 08:32:33 PM
#27
It seems that for F2Pool the best solution is Segwit, they have already stated many times that they will signal for it eventually.
Really? I'd like to believe that but as far as I can see f2pool have always been evasive about elaborating definitively on their position. Do you have a reference for that?

You're right, they have been not totally clear about their intention. I was referring to statements like this one, where they state they will first signal Segwit for Litecoin and then evaluate if they can signal for Bitcoin, too.

It's obviously possible that those statements were a maneuver to gain time - a timeframe when they could maximize their profits a bit more because of the high transaction fees.

Sure, activating segwit on litecoin, an ethereum iteration, or any altcoin, is something more acheivable and probably makes way better sense. You can throw in blocksize changes, incentive program changes, etc to these types of altcoins as well.

It doesnt make sense for any of this to be forced upon Bitcoin unless if your motive is to destroy Bitcoin. This post explains that: titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalksearch.org/topic/hacks-puppets-forks-how-to-destroy-bitcoin-1834310
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
March 31, 2017, 08:14:49 PM
#26
It seems that for F2Pool the best solution is Segwit, they have already stated many times that they will signal for it eventually.
Really? I'd like to believe that but as far as I can see f2pool have always been evasive about elaborating definitively on their position. Do you have a reference for that?

You're right, they have been not totally clear about their intention. I was referring to statements like this one, where they state they will first signal Segwit for Litecoin and then evaluate if they can signal for Bitcoin, too.

It's obviously possible that those statements were a maneuver to gain time - a timeframe when they could maximize their profits a bit more because of the high transaction fees.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
March 31, 2017, 07:48:19 PM
#25
It seems that for F2Pool the best solution is Segwit, they have already stated many times that they will signal for it eventually.
Really? I'd like to believe that but as far as I can see f2pool have always been evasive about elaborating definitively on their position. Do you have a reference for that?
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
March 31, 2017, 07:20:22 PM
#24
Even if it seems it is only a April Fools' joke: Maybe it's a call to the community to be pragmatic. In the fashion of "don't be so stubborn, let's have a good laugh about that debate, let's push now for the best solution."

It seems that for F2Pool the best solution is Segwit, they have already stated many times that they will signal for it eventually.

legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 31, 2017, 06:40:18 PM
#23
Quite the April Fool's joke, I tell you. This goes to show how worthless of a political game signaling really is. Stick to the real thing! Smiley
sr. member
Activity: 336
Merit: 265
March 31, 2017, 06:05:50 PM
#22
If I am correct about my design, we (all humans) will get the last laugh, but it will take a while.

In the meantime, we have to deal within the reality that Satoshi gave us. And that is Bitcoin will remain immutable. So Litecoin is where we can have big blocks, SegWit, and LN.

Notice how F2Pool has used April fools as a way to signal SegWit on Litecoin but to make it seem like he wasn't serious because he signaled conflicting things on Bitcoin. He is serious about the signaling on Litecoin. He wants SegWit (look at his efforts on Syscoin to test out activation), but he doesn't want to create conflict with those on Bitcoin who know that we must keep small blocks on Bitcoin else we lose the equilibrium that Satoshi design. So he signaled nonsense on Bitcoin and signaled serious SegWit on Litecoin.

The miners are navigating opportunity costs and power structures that Satoshi's design enables. I agree the process is noisy. Noise is a result of the imperfect matching of fungible money and non-fungible knowledge value. I wrote about this extensively else where. Very abstract concepts.
legendary
Activity: 1512
Merit: 1012
March 31, 2017, 05:57:05 PM
#21
It is April 1 where I am in Asia.

We'll see how it plays out. Seems they want to play with us like a cat and mouse. But I think the economic reality is what it is.

Yes, I'm aware that it is already April 1st on many timezones, however it didn't occur to me that an issue of this magnitude could give origin to an April's fools joke... Roll Eyes

They want to play us and are playing themselves in the processes. If things go south for us, they go south for them too, and these mining pool operators have much, much more at stake than 90% of us... That's why I find all this really strange.

What you say in the end is a fact... The reality is what it is and an April fool definitely can't change that. But it can help disrupt reality a bit... It's like trying to make a fool out of everyone and throwing sand in our eyes.
sr. member
Activity: 336
Merit: 265
March 31, 2017, 05:51:13 PM
#20

He is not signaling multiple conflicting things on Litecoin. He is using the above obfuscation exactly as I predicted he would. The economic reality is:

https://twitter.com/f2pool_wangchun/status/846760903739551744
sr. member
Activity: 336
Merit: 265
March 31, 2017, 05:36:07 PM
#19
So, just read the most recent replies and I'm amazed... April's fools... For real? Roll Eyes Roll Eyes

It is April 1 where I am in Asia.

We'll see how it plays out. Seems they want to play with us like a cat and mouse. But I think the economic reality is what it is.
legendary
Activity: 1512
Merit: 1012
March 31, 2017, 05:26:10 PM
#18
@unamis76 No, that is most certainly not the case (as in giving users a voice).

Sorry, I wasn't aware that the pool in question doesn't have different stratum servers for people supporting different clients...

So, just read the most recent replies and I'm amazed... April's fools... For real? Roll Eyes Roll Eyes

Extremely unfortunate that big players in the community are just making serious matters look idiotic. This is an absolutely stupid thing to do. Signal support "for trolling"? Are miners forgetting their economic incentive for things to be stable? Apparently they don't value what they have at stake, which amazes me. This makes things look ridicule, they're just making fun of everything that's being discussed and all the stress out there. I think this is too serious to be an April's fool. I might be too inflexible, but this is just my opinion, so... Bitfinex made things worse with their "BTU" token thing, or whatever it's called, now the miners... Wasn't definitely expecting this.
sr. member
Activity: 336
Merit: 265
March 31, 2017, 05:06:01 PM
#17
The weird part is that it is signalling so many things at once, besides BU! Is F2Pool trolling? Cheesy Stay tuned for a follow-up list.

Note: It has also started signalling Segwit on LTC less than 1 hour ago.

Edit: According to the coinbase, they may be also signalling for BU.

I predicted this and explained my theory of why they are obfuscating on Bitcoin. Remember Litecoin SegWit activates with 75%, and Bitcoin with 95%.

It is quite clear what has been going on. The whales and miners are jockeying for maximum stake in the blockchain ecosystem, wherein Bitcoin remains the immutable master blockchain.
sr. member
Activity: 462
Merit: 263
The devil is in the detail.
March 31, 2017, 05:04:24 PM
#16
I wouldn't read too much into this, if sincere he just wants to see bitcoin improved if not, he's trolling.
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