Litecoin SegWit is Locked In - page 5.

Herbert2020

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Quote from: wyndellvengco on April 19, 2017, 07:06:34 PM

Quote from: ccs5t on April 19, 2017, 06:50:04 PM

Antpool just dropped to 55ghs maybe Jihan is up to something again.

May be we can wait for now. Let us observe for some developments or anything related for pump or dump of LTC. Lets all hope for the best.

it is possible that they are redirecting the hashrate to block SegWit for the timebeing and when it is successfully blocked then again redirect it to mining a more profitable option (back to bitcoin?), since they still have to make money too.
also it is possible that what people said about them using the ordered miners they were supposed to deliver, is true and they were actually mining with those equipment.

by the way where is the best place to check the litecoin hashrates?

kiklo

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Quote from: dbc23 on April 19, 2017, 09:28:49 PM

Please explain, or link to a technically valid information source that's able to show such. This is pure FUD from everything i've read about segwits use and implementation.

Ok you asked for it.
Put your Reading Glasses on newbie. Cheesy

https://bitcointalksearch.org/topic/m.17909676

Quote

Study History, this is exactly how banking was started

https://bitcointalksearch.org/topic/m.17988745

Cool

dbc23

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Quote from: kiklo on April 19, 2017, 09:15:33 PM

Quote from: Franz_Huber on April 19, 2017, 02:39:33 PM

Quote from: kiklo on April 18, 2017, 10:41:43 PM

Quote from: bbc.reporter on April 18, 2017, 06:46:50 PM

Quote from: shyliar on April 17, 2017, 09:25:41 PM

Quote from: bbc.reporter on April 17, 2017, 09:14:52 PM

This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?

https://twitter.com/SatoshiLite/status/852618190655860737

I also saw this https://mobile.twitter.com/SatoshiLite/status/852623348769017856

It is now looking like all the developers who were working on the Lightning Network for bitcoin will transfer and continue development for litecoin. What of the others like Mimble Wimble? They also need segwit activated right?

No segwit and LN can not function trustless , ie: it is crap without the deadwit.
http://litecoinblockhalf.com/segwit.php

Segwit support is now below the 75% needed, segwit is deadwit. Cheesy

FYI:
Deadwit would let the Banking Cartels steal transaction fees directly from the miners,
Do you guys really believe the miners are that stupid.
That is why they will block deadwit with their last breath, if deadwit wins they all lose.
And the ones claiming adding deadwit will help everyone is a bunch of lying ass btc core trolls.

Please stop spreading the nonsense about banking cartels stealing transaction fees. That's garbage.
Segwit is a malleability fix, it brings 2nd layer scaling, signature optimization, more block space, less bandwidth, better utxo mgmt,
easier hardware wallets. It makes cryptocurrencies interoperable: Imagine being able to pay with Litecoin in a shop that accepts Bitcoin only - no problem if both coins have Lightning network. This would make BTC and LTC so much more useful that miners would own a lot more money.

You dear sir , are Clueless.

Deadwit would let the Banking Cartels steal transaction fees directly from the miners.

Cool

FYI:
Don't like hearing the truth use the ignore button. Kiss

Please explain, or link to a technically valid information source that's able to show such. This is pure FUD from everything i've read about segwits use and implementation.

kiklo

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Activity: 1092

Merit: 1000

Quote from: Franz_Huber on April 19, 2017, 02:39:33 PM

Quote from: kiklo on April 18, 2017, 10:41:43 PM

Quote from: bbc.reporter on April 18, 2017, 06:46:50 PM

Quote from: shyliar on April 17, 2017, 09:25:41 PM

Quote from: bbc.reporter on April 17, 2017, 09:14:52 PM

This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?

https://twitter.com/SatoshiLite/status/852618190655860737

I also saw this https://mobile.twitter.com/SatoshiLite/status/852623348769017856

It is now looking like all the developers who were working on the Lightning Network for bitcoin will transfer and continue development for litecoin. What of the others like Mimble Wimble? They also need segwit activated right?

No segwit and LN can not function trustless , ie: it is crap without the deadwit.
http://litecoinblockhalf.com/segwit.php

Segwit support is now below the 75% needed, segwit is deadwit. Cheesy

FYI:
Deadwit would let the Banking Cartels steal transaction fees directly from the miners,
Do you guys really believe the miners are that stupid.
That is why they will block deadwit with their last breath, if deadwit wins they all lose.
And the ones claiming adding deadwit will help everyone is a bunch of lying ass btc core trolls.

Please stop spreading the nonsense about banking cartels stealing transaction fees. That's garbage.
Segwit is a malleability fix, it brings 2nd layer scaling, signature optimization, more block space, less bandwidth, better utxo mgmt,
easier hardware wallets. It makes cryptocurrencies interoperable: Imagine being able to pay with Litecoin in a shop that accepts Bitcoin only - no problem if both coins have Lightning network. This would make BTC and LTC so much more useful that miners would own a lot more money.

You dear sir , are Clueless.

Deadwit would let the Banking Cartels steal transaction fees directly from the miners.

Cool

FYI:
Don't like hearing the truth use the ignore button. Kiss

wyndellvengco

member

Activity: 72

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Godbless us ALL!

Quote from: ccs5t on April 19, 2017, 06:50:04 PM

Antpool just dropped to 55ghs maybe Jihan is up to something again.

May be we can wait for now. Let us observe for some developments or anything related for pump or dump of LTC. Lets all hope for the best.

ccs5t

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Activity: 166

Merit: 100

Antpool just dropped to 55ghs maybe Jihan is up to something again.

European Central Bank

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Quote from: MontyK on April 19, 2017, 05:15:45 PM

It just looks to me that segwit is not going to make it on LTC. It keeps getting knocked down for some reason?

i think the excitement is over for now. now less than 65% at present. to have a chance it must remain over 75% from now until the end of this period.

the next thing we'll see is whether jihan wu hangs on to the miners he was supposed to be selling to people. maybe it'll depend on when he gets more.

MontyK

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It just looks to me that segwit is not going to make it on LTC. It keeps getting knocked down for some reason?

Franz_Huber

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Quote from: kiklo on April 18, 2017, 10:41:43 PM

Quote from: bbc.reporter on April 18, 2017, 06:46:50 PM

Quote from: shyliar on April 17, 2017, 09:25:41 PM

Quote from: bbc.reporter on April 17, 2017, 09:14:52 PM

This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?

https://twitter.com/SatoshiLite/status/852618190655860737

I also saw this https://mobile.twitter.com/SatoshiLite/status/852623348769017856

It is now looking like all the developers who were working on the Lightning Network for bitcoin will transfer and continue development for litecoin. What of the others like Mimble Wimble? They also need segwit activated right?

No segwit and LN can not function trustless , ie: it is crap without the deadwit.
http://litecoinblockhalf.com/segwit.php

Segwit support is now below the 75% needed, segwit is deadwit. Cheesy

FYI:
Deadwit would let the Banking Cartels steal transaction fees directly from the miners,
Do you guys really believe the miners are that stupid.
That is why they will block deadwit with their last breath, if deadwit wins they all lose.
And the ones claiming adding deadwit will help everyone is a bunch of lying ass btc core trolls.

Please stop spreading the nonsense about banking cartels stealing transaction fees. That's garbage.
Segwit is a malleability fix, it brings 2nd layer scaling, signature optimization, more block space, less bandwidth, better utxo mgmt,
easier hardware wallets. It makes cryptocurrencies interoperable: Imagine being able to pay with Litecoin in a shop that accepts Bitcoin only - no problem if both coins have Lightning network. This would make BTC and LTC so much more useful that miners would own a lot more money.

oaks05

hero member

Activity: 770

Merit: 501

The issue is the guy with all the hashrate is the guy with all the technology if anyone starts to try and take it back over he can just throw more machines at it.

alyssa85

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Quote from: BitcoinNewsMagazine on April 18, 2017, 12:11:12 PM

As long as Jihan Wu has the ability to block SegWit activation on litecoin he will do everything in his power (because he can.) Buying litecoin now is a crapshoot. There are better coins in which to invest your money.

If Litecoin had a bigger community they could all start mining and try to force it through, it is a script coin after all. But they are not big enough, and that's their biggest flaw.

Red-Apple

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Quote from: bbc.reporter on April 18, 2017, 06:46:50 PM

Quote from: shyliar on April 17, 2017, 09:25:41 PM

Quote from: bbc.reporter on April 17, 2017, 09:14:52 PM

This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?

https://twitter.com/SatoshiLite/status/852618190655860737

I also saw this https://mobile.twitter.com/SatoshiLite/status/852623348769017856

It is now looking like all the developers who were working on the Lightning Network for bitcoin will transfer and continue development for litecoin. What of the others like Mimble Wimble? They also need segwit activated right?

they are the same developers of litecoin that worked also on lightning network and they will continue doing so, this is not the end. but sadly once again it was proven that politics in bitcoin and by extension in litecoin is going to prevent us from moving forward.
p.s. i am not sure how Mimble Wimble works! but i think yes it needs SegWit.

kiklo

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Activity: 1092

Merit: 1000

Quote from: bbc.reporter on April 18, 2017, 06:46:50 PM

Quote from: shyliar on April 17, 2017, 09:25:41 PM

Quote from: bbc.reporter on April 17, 2017, 09:14:52 PM

This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?

https://twitter.com/SatoshiLite/status/852618190655860737

I also saw this https://mobile.twitter.com/SatoshiLite/status/852623348769017856

It is now looking like all the developers who were working on the Lightning Network for bitcoin will transfer and continue development for litecoin. What of the others like Mimble Wimble? They also need segwit activated right?

No segwit and LN can not function trustless , ie: it is crap without the deadwit.
http://litecoinblockhalf.com/segwit.php

Segwit support is now below the 75% needed, segwit is deadwit. Cheesy

FYI:
Deadwit would let the Banking Cartels steal transaction fees directly from the miners,
Do you guys really believe the miners are that stupid.
That is why they will block deadwit with their last breath, if deadwit wins they all lose.
And the ones claiming adding deadwit will help everyone is a bunch of lying ass btc core trolls.

bbc.reporter

legendary

Activity: 3192

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Quote from: shyliar on April 17, 2017, 09:25:41 PM

Quote from: bbc.reporter on April 17, 2017, 09:14:52 PM

This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?

https://twitter.com/SatoshiLite/status/852618190655860737

I also saw this https://mobile.twitter.com/SatoshiLite/status/852623348769017856

It is now looking like all the developers who were working on the Lightning Network for bitcoin will transfer and continue development for litecoin. What of the others like Mimble Wimble? They also need segwit activated right?

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: BitcoinNewsMagazine on April 18, 2017, 12:35:25 PM

Quote from: kiklo on April 18, 2017, 12:23:28 PM

Litecoin never needed deadwit, all litecoin needs to explode into space, is for coinbase to get off their asses and have a direct LTC purchase.

After that , hang on it's going up. Wink

Just like Ether did when Coinbase added it to GDAX? Ether went down 70% in six months.

Hmm,
You seem clueless to the fact since BTC has begun failing because of high transaction fees and being overpriced.
That the alts are growing.
Eth went from $15 to ~ $50 , over 3X profit in less than 2 months. So feel free to miss out on the profits , if you rather just be stupid. Tongue

Examine BTC Dominance: 66.8% on CMK, it lost 20% in 2 months, BTC is only for the ultra rich now, no one else will mess with it, meaning all of the money from the rest the world will pour into the Alts. Wink

http://coinmarketcap.com/charts/#btc-percentage

GDAX & Coinbase may be owned by the same company, but the majority of coinbase users never mess with GDAX at all.
The direct coin base wallet is the one that the majority use, and BTC & Eth are the only two on it.
When LTC is added BTC dominance will drop even more.

Cool

dwgscale11

sr. member

Activity: 335

Merit: 250

Quote from: BitcoinNewsMagazine on April 18, 2017, 12:35:25 PM

Quote from: kiklo on April 18, 2017, 12:23:28 PM

Litecoin never needed deadwit, all litecoin needs to explode into space, is for coinbase to get off their asses and have a direct LTC purchase.

After that , hang on it's going up. Wink

Just like Ether did when Coinbase added it to GDAX? Ether went down 70% in six months.

That is completely irrelevant. Ether crashed because the dao hack and the fail rollback that lead to a completely new shitcoin. Fail.;

BitcoinNewsMagazine

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Quote from: kiklo on April 18, 2017, 12:23:28 PM

Litecoin never needed deadwit, all litecoin needs to explode into space, is for coinbase to get off their asses and have a direct LTC purchase.

After that , hang on it's going up. Wink

Just like Ether did when Coinbase added it to GDAX? Ether went down 70% in six months.

kiklo

legendary

Activity: 1092

Merit: 1000

Litecoin never needed deadwit, all litecoin needs to explode into space, is for coinbase to get off their asses and have a direct LTC purchase.

After that , hang on it's going up. Wink

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

As long as Jihan Wu has the ability to block SegWit activation on litecoin he will do everything in his power (because he can.) Buying litecoin now is a crapshoot. There are better coins in which to invest your money.

pedrog

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Quote from: alyssa85 on April 18, 2017, 09:05:48 AM

According to the following they're at 63.8% in the last 24 hours:

http://litecoin-segwit.info/

which is not great, but still retrievable.

Non SegWit pools control more than 35% hashrate now:

LTC1BTC: 18,2%
LTC.top: 12%
Antpool: 5,2%

https://www.litecoinpool.org/pools

Doesn't look good.

Topic: Litecoin SegWit is Locked In - page 5. (Read 8689 times)