HARD FORK ON ITS WAY !!? | Bitcointalksearch.org

Vaccinus

sr. member

Activity: 406

Merit: 250

Quote from: Dalida on March 18, 2017, 12:01:46 PM

So this drop in price is nothing to do with forking Huh

there is no HARD FORK man, don't be deceived by false rumors, they just want you to dump, and they are having success in doing so, the consensus for bitcoin unlimited must reach 75% to be activated as a main chainl, it's only 30% for now, very far away and probably will never happen

travwill

sr. member

Activity: 1313

Merit: 278

Seen so many stats, charts, miner % of what code they support, etc. In short:

1. WHEN would we actually see a hard fork occur if does, most likely? When activation occurs and any period of time to prepare if so before have to choose a side?

2. WHAT is the best source of info/data to gauge #1 above - accurate data on % of hash and actual activation of a fork being met?

At this point, wanting either an immediate compromise (seem like would be Core doing it) or just fork already so we can take the hit and move on!

Dalida

newbie

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thanks so nothing to worry about then ...hodling all the way !!!

mcfom

legendary

Activity: 1260

Merit: 1001

Quote from: Dalida on March 18, 2017, 12:01:46 PM

So this drop in price is nothing to do with forking Huh

That is just FUD nothing going to with original BTC that's right time to buy and enjoy later.

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

Quote from: FiendCoin on March 15, 2017, 04:06:37 PM

Quote from: Vaccinus on March 15, 2017, 01:39:07 PM

Quote from: Xcandol on March 15, 2017, 04:53:45 AM

I'm talking extra hard, a source revealed to me before the end of the week ?? He's a trusted source so im a little confused now, anyone else hear of this ?? Please advise ?

no man read the last news, bitcoin unlimited is facing a big disaster in the code, there is a bug that is sending transaction offline, very bad for miners, it is not minable not usable they need to fix that, but their image is already destroyed i doubt that antpool now would return to mine with bitcoin unlimited

Come on, BTU won't give up so easy. BTU supporters are fanatic lunatics, they will push it until the very end.

Try to say this for the chinese miners. Huh

Dalida

newbie

Activity: 29

Merit: 0

So this drop in price is nothing to do with forking Huh

Silberman

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Merit: 1338

Quote from: Xcandol on March 15, 2017, 04:53:45 AM

I'm talking extra hard, a source revealed to me before the end of the week ?? He's a trusted source so im a little confused now, anyone else hear of this ?? Please advise ?

Change your sources, there has not been a single talk about that, and even if there was, it will probably something that will discussed at length since bitcoin is no longer a small project, there is a lot of money involved and there could be serious consequences.

ridery99

hero member

Activity: 616

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yes we can soon double spend and 'double invest' in alts.. It's gonna be a bull market of the decade Grin

mikenz

full member

Activity: 215

Merit: 102

miners can choose BU and if thats shit or shows a bug they can just switch to original SegWit from the Core team whats the f...ing problem. If they believe they still dont make enough money from it they can just shut their rigs down and open an asian street food chain in Hong Kong instead and let the mining pass to other regions of the world whats the problem man

FiendCoin

sr. member

Activity: 462

Merit: 263

The devil is in the detail.

Quote from: xDan on March 16, 2017, 03:27:57 PM

Quote from: Sundark on March 15, 2017, 11:54:35 AM

Quote from: Paashaas on March 15, 2017, 11:02:31 AM

I believe deploying a HF after the Segwit update will be much smoother than doing it in this current condition.

Unfortunately SegWit is dead end of development, viewed by miners as a backdoor tool and enemy to decentralization.
I agree that everything would be so much easier with SegWit and Lightning Network.
But greedy miners won't allow it knowing that both these upgrades will kill their profits.

Bitcoin's entire security model is predicated on miners being "greedy". If miners being greedy is somehow bad then Bitcoin is fundamentally broken.

Too much power in the hands of miners is a problem because they're always going to (be greedy) follow the money. What that means is even though some innovation may be good for Bitcoin as a whole, if it could be bad for the miner's bottom-line then they have every incentive to block it. Miners should not be the deciding factor in what changes are or are not made to Bitcoin.

xDan

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Activity: 688

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ヽ( ㅇㅅㅇ)ﾉ ~!!

Quote from: Sundark on March 15, 2017, 11:54:35 AM

Quote from: Paashaas on March 15, 2017, 11:02:31 AM

I believe deploying a HF after the Segwit update will be much smoother than doing it in this current condition.

Unfortunately SegWit is dead end of development, viewed by miners as a backdoor tool and enemy to decentralization.
I agree that everything would be so much easier with SegWit and Lightning Network.
But greedy miners won't allow it knowing that both these upgrades will kill their profits.

Bitcoin's entire security model is predicated on miners being "greedy". If miners being greedy is somehow bad then Bitcoin is fundamentally broken.

FiendCoin

sr. member

Activity: 462

Merit: 263

The devil is in the detail.

Quote from: European Central Bank on March 15, 2017, 04:20:39 PM

Quote from: FiendCoin on March 15, 2017, 04:06:37 PM

Come on, BTU won't give up so easy. BTU supporters are fanatic lunatics, they will push it until the very end.

they can make all the noise they want, who outside of their echo chamber is gonna take them seriously now?

no business or exchange would ever make the switch now. would one of the major miners really go all in if that button was put in front them? they may be greedy assholes but they're not that dumb.

there's a huge leap between making a pose about something and actually doing it.

We're living in crazy times, cough, president Trump, cough, I hope you're right.

European Central Bank

legendary

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Merit: 1087

Quote from: FiendCoin on March 15, 2017, 04:06:37 PM

Come on, BTU won't give up so easy. BTU supporters are fanatic lunatics, they will push it until the very end.

they can make all the noise they want, who outside of their echo chamber is gonna take them seriously now?

no business or exchange would ever make the switch now. would one of the major miners really go all in if that button was put in front them? they may be greedy assholes but they're not that dumb.

there's a huge leap between making a pose about something and actually doing it.

JavaLove

sr. member

Activity: 434

Merit: 250

Streamity Decentralized cryptocurrency exchange

I don't believe that there is a real source in this case but rather speculation that is untrustworthy and wrong.

There are no signs that we the Blockchain will encounter a HF simply because we've seen everything working fine thus far.

If there is a HF, we'll just update to the latest version. There won't be any major changes coming soon though.

Don't incite panic and fear because one potential source made an absurd claim.

FiendCoin

sr. member

Activity: 462

Merit: 263

The devil is in the detail.

Quote from: Vaccinus on March 15, 2017, 01:39:07 PM

Quote from: Xcandol on March 15, 2017, 04:53:45 AM

I'm talking extra hard, a source revealed to me before the end of the week ?? He's a trusted source so im a little confused now, anyone else hear of this ?? Please advise ?

no man read the last news, bitcoin unlimited is facing a big disaster in the code, there is a bug that is sending transaction offline, very bad for miners, it is not minable not usable they need to fix that, but their image is already destroyed i doubt that antpool now would return to mine with bitcoin unlimited

Come on, BTU won't give up so easy. BTU supporters are fanatic lunatics, they will push it until the very end.

Vaccinus

sr. member

Activity: 406

Merit: 250

Quote from: Xcandol on March 15, 2017, 04:53:45 AM

I'm talking extra hard, a source revealed to me before the end of the week ?? He's a trusted source so im a little confused now, anyone else hear of this ?? Please advise ?

no man read the last news, bitcoin unlimited is facing a big disaster in the code, there is a bug that is sending transaction offline, very bad for miners, it is not minable not usable they need to fix that, but their image is already destroyed i doubt that antpool now would return to mine with bitcoin unlimited

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

Quote from: Sundark on March 15, 2017, 11:54:35 AM

Unfortunately SegWit is dead end of development, viewed by miners as a backdoor tool and enemy to decentralization.
I agree that everything would be so much easier with SegWit and Lightning Network.
But greedy miners won't allow it knowing that both these upgrades will kill their profits.

Then said miners are monumentally stupid. The on chain fees for opening and closing channels will be staggeringly high. That's why I'm not so sure a Lightning Network will actually change much without quasi Paypals giving you IOUs to group them together instead.

We're already seeing a few merchants accepting Bitcoin solely through a Coinbase wallet to avoid going on chain. That might accelerate. If miners won't give enough permission to the capacity then people will route around them to everyone's detriment.

Sundark

hero member

Activity: 560

Merit: 502

Quote from: Paashaas on March 15, 2017, 11:02:31 AM

I believe deploying a HF after the Segwit update will be much smoother than doing it in this current condition.

Unfortunately SegWit is dead end of development, viewed by miners as a backdoor tool and enemy to decentralization.
I agree that everything would be so much easier with SegWit and Lightning Network.
But greedy miners won't allow it knowing that both these upgrades will kill their profits.

Paashaas

legendary

Activity: 3512

Merit: 4557