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Topic: segwit2x - page 2. (Read 847 times)

newbie
Activity: 56
Merit: 0
August 16, 2017, 09:35:57 PM
#5
So what happens now, 93% miners signaling segwit2x. Will it be the new bitcoin and core will be gone?
sr. member
Activity: 249
Merit: 250
August 15, 2017, 09:26:39 AM
#4
In a nut shell something that will no longer happen, unless we want a third BTC and BCC/BCH situation.

Simple real estate principal applies I believe.

One shopping mall gets all the business, two malls may share, three cause them all to go broke.

Bitcoin is a different situation as I realize 2 forks wouldn't cause bitcoin to bust BUT it will steal time, money and thought in the long run.

x2 will be "blocked"
sr. member
Activity: 420
Merit: 251
August 15, 2017, 09:22:35 AM
#3
SegWit2x is not a who, it is a what.
and what it is, is a proposal for scaling bitcoin. it proposes that after activating Segregated Witness we also increase the block size to 2 MB instead of the current 1 MB block size.

it is also known as NYA (New York Agreement) which was an agreement between miners (about 80% of them) and some businesses. and so far it has enabled the SegWit part through BIP91 and is scheduled to do the 2 MB hard fork within 3 months.

here is the link to the source code: https://github.com/btc1/bitcoin
here is the link showing the miners' support for it: https://blockchain.info/charts/nya-support
here are 2 good links explaining it:
https://bitcoin.stackexchange.com/questions/54728/how-is-segwit2x-different-from-segwit
https://www.coindesk.com/explainer-what-is-segwit2x-and-what-does-it-mean-for-bitcoin/
I'd like to add that it enacts the original SegWit proposal (BIP 141) by orphaning non-SegWit blocks, and this: https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77 which is the original 'announcement' article.

Core developers oppose it.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
August 15, 2017, 09:00:56 AM
#2
SegWit2x is not a who, it is a what.
and what it is, is a proposal for scaling bitcoin. it proposes that after activating Segregated Witness we also increase the block size to 2 MB instead of the current 1 MB block size.

it is also known as NYA (New York Agreement) which was an agreement between miners (about 80% of them) and some businesses. and so far it has enabled the SegWit part through BIP91 and is scheduled to do the 2 MB hard fork within 3 months.

here is the link to the source code: https://github.com/btc1/bitcoin
here is the link showing the miners' support for it: https://blockchain.info/charts/nya-support
here are 2 good links explaining it:
https://bitcoin.stackexchange.com/questions/54728/how-is-segwit2x-different-from-segwit
https://www.coindesk.com/explainer-what-is-segwit2x-and-what-does-it-mean-for-bitcoin/
newbie
Activity: 27
Merit: 0
August 15, 2017, 08:55:29 AM
#1
What or who is segwit2x und what's the thing with this? Can somebody explain me this? Huh
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