Halving in 24 hours , SegWit not released yet ?

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: Lauda on July 09, 2016, 01:05:38 AM

Quote from: jackg on July 08, 2016, 04:13:48 PM

Are they definitely going to release segwit? or is it still just an idea that they may release, in order to do this, they would probably also have to change a lot of the blockchain around!

How about either reading my previous post or doing some research? Segwit is both released (in April) & merged (in Juni). Currently the developers are finalizing the release of the next client (0.12.2 and 0.13.0). They also have to set up Segwit activation parameters and then everything will be 'ready' for activation. Since this is a soft fork, it requires no such thing as you've mentioned (whatever it may mean).

I said that it may need testing for the time to ensure the SegWit definitely works.
I know fundamental SegWit information, but read it in around May so may need to revisit it. As it is the storage of transaction mesages inside the first part of the transaction (where sending addresses are stored)!
Everything requires some sort of testing to ensure it works correctly! As it changes some pats of the way that future transactions may be stores, it will take some testing for security purposes, even if it is a soft fork of the development.
It is interesting to knw that it was added to the client in April and the developers are still waiting on its activation for the network if no testing is needed?

Lauda

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Terminated.

Quote from: helloeverybody on July 09, 2016, 01:30:31 AM

To be fair since the halving has been closing in there seems to be a lot less talk of blocks being filled up, I'm not sure if we even have enough users to fill them up at the moment in anything other than a spam attack. I'm quite happy to wait a few months for segwit. We've waited this long anyway.

That may be very well a temporary thing. It is just a matter of time before a certain 'group' of people attempt to incite even further disruption with their nonsense. They've been pushing the date of the 'catastrophic-all blocks are full-event' further and further into the future. It just doesn't seem to come. The capacity boost that should be provided with Segwit should come gradually which should help 'ease' the additional resource usage by nodes.

Quote from: ?? on ??

I do hope that the transactions are lightning fast.

This has nothing to do with the speed of transactions, which is practically 'almost' constant, i.e. is almost instant.

Quote from: Decoded on July 09, 2016, 03:16:01 AM

Segwit is mostly working. It's been tested for a long time. The problem is not the code itself, but the problem of whether the community accepts it. If they don't, then it would also mean a bad rep for them.

Well, that's not a 'problem' yet. This is a soft fork, meaning the community does not necessarily have to adopt it. Although with greater adoption comes greater capacity.

Decoded

legendary

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give me your cryptos

Segwit is mostly working. It's been tested for a long time. The problem is not the code itself, but the problem of whether the community accepts it. If they don't, then it would also mean a bad rep for them.

Amph

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Quote from: beastmodeBiscuitGravy on July 09, 2016, 01:18:07 AM

Segwit was in April. This posts are just FUD. Cool

no it's not in play right now, only in testnet it seems which is pointless, it was already tested, if there is not enough consensus not all node will run it

groll

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Quote from: OmegaStarScream on July 08, 2016, 12:51:54 PM

It's July and we are 24 hours away from the big halving block reward and till now we didn't see the new version of core with the SegWit , how come ?

Maybe there are just delays or they are making some finalization or finishing touches to the core before they release it. In any point it is not the halving who will give the the signal of its release. Aside from that even if they release it the activation is set on different schedules depending on the preparation. If all is set then the cores will be activated flawlessly

pumawolf

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with the ethereum debacle , i say , dev's take ur sweet time , btc is serious business everything should be well thought out and tested to the max. one fuk up could set us back to bitcoin stone age

helloeverybody

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★YoBit.Net★ 350+ Coins Exchange & Dice

To be fair since the halving has been closing in there seems to be a lot less talk of blocks being filled up, I'm not sure if we even have enough users to fill them up at the moment in anything other than a spam attack. I'm quite happy to wait a few months for segwit. We've waited this long anyway.

beastmodeBiscuitGravy

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Segwit was in April. This posts are just FUD. Cool

Karartma1

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What I like the most about Bitcoin development is that it reminds me that of Debian for example.
Before devs are not rock solid sure everything is going to work fine they don't release shit.
This is how it works.

Bitcoin is not some agile, devops madness. Cool

Lauda

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Quote from: Quickseller on July 09, 2016, 01:13:41 AM

I am fairly certain that SegWit is not going to get implemented unless a 2MB HF is (at least) merged into Core. In other words, SegWit is not getting implemented.

You aren't using the right word IMO. I think that you mean 'activated'. Segwit is already implemented (the code is ready and works - segnet, testnet). In any case, Core can't be blamed for stalling anything. Good luck to the people with destructive behavior.

Quickseller

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I am fairly certain that SegWit is not going to get implemented unless a 2MB HF is (at least) merged into Core. In other words, SegWit is not getting implemented.

Lauda

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Quote from: AgentofCoin on July 08, 2016, 02:09:56 PM

Due to the decentralized nature of Bitcoin, not everyone needs/wants/or can "upgrade" to the new version. The many months it takes to activate is designed to allow for a majority to be using the new implementation, by the time it becomes fully active. It ensures a smooth transition and etc.

Indeed.

Quote from: Velkro on July 08, 2016, 04:05:28 PM

Agree, we can't let bugs like in recently ethereum slips in. That was disasterous for their ecosystem.

That coin is a prime example of what happens when you let inexperienced people run the show.

Quote from: jackg on July 08, 2016, 04:13:48 PM

Are they definitely going to release segwit? or is it still just an idea that they may release, in order to do this, they would probably also have to change a lot of the blockchain around!

How about either reading my previous post or doing some research? Segwit is both released (in April) & merged (in Juni). Currently the developers are finalizing the release of the next client (0.12.2 and 0.13.0). They also have to set up Segwit activation parameters and then everything will be 'ready' for activation. Since this is a soft fork, it requires no such thing as you've mentioned (whatever it may mean).

Quote from: jackg on July 08, 2016, 04:13:48 PM

Maybe the developers have produced a core with it but ae just trying to hackit in order to ensure there are no fatal problems with Bitcoin from the release of the new core!

Why waste time speculating when it is obvious that you're not familiar with the development process?

jackg

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https://bit.ly/387FXHi lightning theory

Maybe it is like most parts of Bitcoin - they don't do anything for several months!
That is what other bitcoin companies like Bitfury have done Cheesy

!

Are they definitely going to release segwit? or is it still just an idea that they may release, in order to do this, they would probably also have to change a lot of the blockchain around!

Maybe the developers have produced a core with it but ae just trying to hackit in order to ensure there are no fatal problems with Bitcoin from the release of the new core!

Velkro

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Quote from: Lauda on July 08, 2016, 01:03:31 PM

"How come"? The halving does not have anything to do with the development. The developers are doing the right thing by not rushing anything. RC1 will be released very soon.

Agree, we can't let bugs like in recently ethereum slips in. That was disasterous for their ecosystem.
Slow and steady wins the race

Kprawn

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.....Because the development and the consensus and the testing takes time... A half baked attempt at a softfork will just create more issues in any way. I would much rather see a fully functioned

implementation that a half ass attempt at it. It is a whole other ball game, when you make changes that influence a Billion dollar network. Bitcoin is not a small little Alt coin where you can fool around

and make silly little changes... whatever you do, carry a large responsibility. Shocked

Amph

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there is a reason why is not activate yet, not everyone is still convinced at 100% that segwit is that good, it may hide some bug or exploit in some way that may put the new fork at risk

there is always a % of risk when you implent a new stuff like this one

AgentofCoin

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Quote from: Lauda on July 08, 2016, 01:42:42 PM

Quote from: Superbitzz on July 08, 2016, 01:36:20 PM

why is it taking so many time to activate. i think it should be activate on the day of halving. so that the change can be feel from the very first day of the having. as people wear new clothes on celebrity so it was also necessary to sit it on the day of halving

How about you don't talk about things which you barely understand? It is obvious that you are not familiar with the development process in Bitcoin nor the activation of a soft fork, else you would not be making such statements. You are not helping.

Soft fork deployment takes time (check how long CSV took).

Lauda is correct. This is how our system works and will always work. It is very important.

Due to the decentralized nature of Bitcoin, not everyone needs/wants/or can "upgrade" to the new version.
The many months it takes to activate is designed to allow for a majority to be using the new implementation,
by the time it becomes fully active. It ensures a smooth transition and etc.

Lauda

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Terminated.

Quote from: Superbitzz on July 08, 2016, 01:36:20 PM

why is it taking so many time to activate. i think it should be activate on the day of halving. so that the change can be feel from the very first day of the having. as people wear new clothes on celebrity so it was also necessary to sit it on the day of halving

How about you don't talk about things which you barely understand? It is obvious that you are not familiar with the development process in Bitcoin nor the activation of a soft fork, else you would not be making such statements. You are not helping.

Soft fork deployment takes time (check how long CSV took).

Superbitzz

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Quote from: AgentofCoin on July 08, 2016, 01:01:57 PM

Quote from: OmegaStarScream on July 08, 2016, 12:51:54 PM

It's July and we are 24 hours away from the big halving block reward and till now we didn't see the new version of core with the SegWit , how come ?

Are you aware that when SegWit is released within the new version of Core, it will still take many months to activate?

why is it taking so many time to activate. i think it should be activate on the day of halving. so that the change can be feel from the very first day of the having. as people wear new clothes on celebrity so it was also necessary to sit it on the day of halving

Lauda

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Terminated.

Quote from: OmegaStarScream on July 08, 2016, 01:19:37 PM

I know It has nothing to do with it but I thought It should be released before the halving (like in April).

The code was released in April, it can be found on Github. Segwit was also recently merged, thus it should be available in the next version of Bitcoin Core. The developers are working hard on preparing the next release, just be a bit more patient.

Topic: Halving in 24 hours , SegWit not released yet ? (Read 1175 times)