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Topic: So far Voting % result shows that there is no bitcoin split. (Read 2404 times)

legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
Indeed, this can be adding more confusion for people (just like me) who seem could not really fathom all the technical details on cryptocurrency. All I am wishing is that soon Bitcoin should be safe and sound after all these talks of dizzying splits and forks.

Will this be the one scheduled on November of this year? Well, if that will lead me to have some free coin in my wallet, then let it be as I am so willing to accept free money anytime. We can all sell the new coin into Bitcoin once it is already possible and in a way help Bitcoin remain valuable.

Bitcoin is safe and sound, it's only the price that could fluctuate Smiley

Yep, that's the split that is scheduled for October / November, however I'm not sure whether they'll stick to that deadline. BCH was also rescheduled on short notice, I wouldn't be surprised if something similar happened to 2x. Just keep track of Bitcointalk / Reddit as the fork date approaches and you should be fine.
hero member
Activity: 490
Merit: 501
So which of the segwit are we experiencing this week or so? Regular segwit or segwit 2x ? I am  kinda contused
Segwit and Segwit2x are not two distinct things. Segwit2x is an extension of Segwit, so when Segwit activates, so will part of Segwit2x. Segwit2x contains additional things on top of Segwit but those will activate later.

Currently Segwit is not activated yet.

To further clarify (or confuse): The Segwit2x extension of regular Segwit is incompatible with regular Segwit (the one being activated now). That's the reason behind the probable split into a Segwit chain and a Segwit2x chain. If Segwit2x activates, regular Segwit nodes will discard Segwit2x blocks due to their blocksize. Segwit2x nodes will have to discard regular Segwit transactions as part of their replay protection.

Indeed, this can be adding more confusion for people (just like me) who seem could not really fathom all the technical details on cryptocurrency. All I am wishing is that soon Bitcoin should be safe and sound after all these talks of dizzying splits and forks.

Will this be the one scheduled on November of this year? Well, if that will lead me to have some free coin in my wallet, then let it be as I am so willing to accept free money anytime. We can all sell the new coin into Bitcoin once it is already possible and in a way help Bitcoin remain valuable.
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
So which of the segwit are we experiencing this week or so? Regular segwit or segwit 2x ? I am  kinda contused
Segwit and Segwit2x are not two distinct things. Segwit2x is an extension of Segwit, so when Segwit activates, so will part of Segwit2x. Segwit2x contains additional things on top of Segwit but those will activate later.

Currently Segwit is not activated yet.

To further clarify (or confuse): The Segwit2x extension of regular Segwit is incompatible with regular Segwit (the one being activated now). That's the reason behind the probable split into a Segwit chain and a Segwit2x chain. If Segwit2x activates, regular Segwit nodes will discard Segwit2x blocks due to their blocksize. Segwit2x nodes will have to discard regular Segwit transactions as part of their replay protection.
legendary
Activity: 2044
Merit: 1008
I thought the voting was saying there would be a split...?

Bitcoin Cash is essentially a clone of Bitcoin. All the transactions are the same, up to July 31. Some people may call it as an altcoin. But I would call Bitcoin Cash as a split, from the original Bitcoin.
full member
Activity: 273
Merit: 100
I thought the voting was saying there would be a split...?
sr. member
Activity: 588
Merit: 251
The forum news says we can continue to make our transaction as normal, that further information will come up as time goes on. But some sites are talking about Bitcoin cash.
Well as time goes everything will be made clearer.
newbie
Activity: 4
Merit: 0
i think it is not important. Wink
jr. member
Activity: 59
Merit: 10
There will probably be an split (or copy...) with a Chinese coin called BTCC (bitcoin cash) but it should not mean anything.

They wil use a copy of the current bitcoin blockchain and alter the rules a bit and they call it bitcoin cash. They wil mine their own copy further.
This will not influence the real bitcoin blockchain.

In my opinion they are just hoping that al the uncertainty about this wil give them a lot of attention.


bitcoin cash is from China?
sr. member
Activity: 686
Merit: 259
I think split will in end of September.
staff
Activity: 3458
Merit: 6793
Just writing some code
So which of the segwit are we experiencing this week or so? Regular segwit or segwit 2x ? I am  kinda contused
Segwit and Segwit2x are not two distinct things. Segwit2x is an extension of Segwit, so when Segwit activates, so will part of Segwit2x. Segwit2x contains additional things on top of Segwit but those will activate later.

Currently Segwit is not activated yet.
full member
Activity: 532
Merit: 101
In addition to the aforementioned BCC split, there's also the chance of a split in November (?), between regular Segwit and Segwitx2.

So which of the segwit are we experiencing this week or so? Regular segwit or segwit 2x ? I am  kinda contused
sr. member
Activity: 1008
Merit: 355
There will probably be an split (or copy...) with a Chinese coin called BTCC (bitcoin cash) but it should not mean anything.

They wil use a copy of the current bitcoin blockchain and alter the rules a bit and they call it bitcoin cash. They wil mine their own copy further.
This will not influence the real bitcoin blockchain.

In my opinion they are just hoping that al the uncertainty about this wil give them a lot of attention.

They already have the name of the coin that will split on August 1 and it is actually already traded. Now, am certain that it has only negligible effect on the real Bitcoin and this thing will not have any bearing on the value of Bitcoin. BitcoinCash can be dumped anytime they showed in the wallets of many Bitcoin holders.
hero member
Activity: 658
Merit: 501
Hackers please hack me .... if you can :)
While a split may happen chances are very high that it won't happen. BIP 91 has locked in majority of the miners and if a chain split happens the new coin  won't last very long.
hero member
Activity: 752
Merit: 501
Hi

So far Voting % result shows that there is no split in bitcoin chain i.e. there is no other type of bitcoin.

Am I right?

"Am I right?"

Nope. So far all polling has leaned in strong favor of there being a split come August 1st.
full member
Activity: 209
Merit: 100
Radix-The Decentralized Finance Protocol
Anyone can create a spinoff altcoin at any time, and people have in the past, e.g. https://bitcointalksearch.org/topic/annmain-bitcore-btx-datacarriersize-up-to-220-bytes-1883902

That via is maybe create another one isn't very interesting...

This one is a bit different and causing some more problems for many people/services.
1. It gets much more attention in the community.
2. It would get at least some mining support what is removed from Bitcoin.
3. The more fighting is going on in the community about the scaling, the more traction it would get.
4. Most value it will gain on the cost of Bitcoin.


I don't like how it is done but its clearly not the same as some spinoff alts in the past.

Saying "isn't very interesting" is wrong.
And its not maybe. They do it.
staff
Activity: 4284
Merit: 8808
Anyone can create a spinoff altcoin at any time, and people have in the past, e.g. https://bitcointalksearch.org/topic/annmain-bitcore-btx-datacarriersize-up-to-220-bytes-1883902

That via is maybe create another one isn't very interesting...
newbie
Activity: 1
Merit: 0
I think you are right, because Bitcoin is the Only currency that people need for finance their online business, Plus it has a high exchange measure
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
In addition to the aforementioned BCC split, there's also the chance of a split in November (?), between regular Segwit and Segwitx2.
sr. member
Activity: 285
Merit: 251
There will probably be an split (or copy...) with a Chinese coin called BTCC (bitcoin cash) but it should not mean anything.

They wil use a copy of the current bitcoin blockchain and alter the rules a bit and they call it bitcoin cash. They wil mine their own copy further.
This will not influence the real bitcoin blockchain.

In my opinion they are just hoping that al the uncertainty about this wil give them a lot of attention.
full member
Activity: 138
Merit: 100
Hi

So far Voting % result shows that there is no split in bitcoin chain i.e. there is no other type of bitcoin.

Am I right?

No.  A split is happening on August 1.
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