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Topic: The Barry Silbert segwit2x agreement with >80% miner support. - page 51. (Read 120014 times)

newbie
Activity: 10
Merit: 4
eulogy is written on the wall for large mining co.s... not much room for imrpovement below 16nm, which require huge capital investment. to avoid going bust they must
A-squeeze money by cartel changing protocol (aint gonna happen)
B-observe massive price increase

i say more cos go bust in 2-3 years, equip disperses somewhat
hero member
Activity: 1092
Merit: 552
Retired IRCX God
...that bogus uasfpool.com which has only 500GH...
ffs, I wouldn't even bother mining Decred with 500GH.  Roll Eyes
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
besides uasfpool.com and SlushPool there is a third BIP148 pool too.

http://pa.xro.ca/


Which is Hash rate (7d)   247G

So yeah only slushpool like I said.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206

BIP148 doesn't need a miner majority to build a chain, but it needs a decent sized miner minority which it still doesn't have.
false. a miner minority is already in place. --> https://slushpool.com/stats/?c=btc

Not false. I said decent sized. Slush pool is big, but the amount of hash directed to his BIP148 option is not enough to sustain the entire network. Blocks would be days apart at the current rate.

yeah, it will take a long time with currently 13.54 Ph/s and the given difficulty on 08/01/2017 to find the next BIP148 block which is the successor of the first or several (with no non-BIP141 blocks between) BIP141 block(s).

and difficulty adjustement will take far more longer than 2 weeks on this new BIP148 chain until a BIP148 miner minority exists.


Right, and given it's almost 100% slush at the moment, he would see the chain as being a dead end and see it as lost business and abandon it immediately, leaving the fork without any hashrate whatsoever (except that bogus uasfpool.com which has only 500GH and isn't even configured to support segwit properly).

besides uasfpool.com and SlushPool there is a third BIP148 pool too.

http://pa.xro.ca/

-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/

BIP148 doesn't need a miner majority to build a chain, but it needs a decent sized miner minority which it still doesn't have.
false. a miner minority is already in place. --> https://slushpool.com/stats/?c=btc

Not false. I said decent sized. Slush pool is big, but the amount of hash directed to his BIP148 option is not enough to sustain the entire network. Blocks would be days apart at the current rate.

yeah, it will take a long time with currently 13.54 Ph/s and the given difficulty on 08/01/2017 to find the next BIP148 block which is the successor of the first or several (with no non-BIP141 blocks between) BIP141 block(s).

and difficulty adjustement will take far more longer than 2 weeks on this new BIP148 chain until a BIP148 miner minority exists.


Right, and given it's almost 100% slush at the moment, he would see the chain as being a dead end and see it as lost business and abandon it immediately, leaving the fork without any hashrate whatsoever (except that bogus uasfpool.com which has only 500GH and isn't even configured to support segwit properly and is actually likely a scam).
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206

BIP148 doesn't need a miner majority to build a chain, but it needs a decent sized miner minority which it still doesn't have.
false. a miner minority is already in place. --> https://slushpool.com/stats/?c=btc

Not false. I said decent sized. Slush pool is big, but the amount of hash directed to his BIP148 option is not enough to sustain the entire network. Blocks would be days apart at the current rate.

yeah, it will take a long time with currently 13.54 Ph/s and the given difficulty on 08/01/2017 to find the next BIP148 block which is the successor of the first or several (with no non-BIP141 blocks between) BIP141 block(s).

and difficulty adjustement will take far more longer than 2 weeks on this new BIP148 chain until a BIP148 miner minority exists.

-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Not false. I said decent sized. Slush pool is big, but the amount of hash directed to his BIP148 option is not enough to sustain the entire network. Blocks would be days apart at the current rate.
17PH was significant a year ago, so they're going by that.  Tongue
BIP148 advocates are fooled by slush's move. Slush is a businessman first and foremost. He'll advertise any old fucking crap option so long as it brings miners to his pool. That doesn't remotely mean he supports it himself. The default pool choice when left up to the pool to choose is currently advertising... nothing; not segwit, not BU, not BIP148, nothing. I guess it gives miners somewhere to mine if they support one of the options. I can't run a pool like that myself.
newbie
Activity: 9
Merit: 0
i made a thread about the role of whales in forks and would like some commentary on it:
https://bitcointalksearch.org/topic/of-whales-and-forks-1959633
hero member
Activity: 1092
Merit: 552
Retired IRCX God
Not false. I said decent sized. Slush pool is big, but the amount of hash directed to his BIP148 option is not enough to sustain the entire network. Blocks would be days apart at the current rate.
17PH was significant a year ago, so they're going by that.  Tongue
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/

BIP148 doesn't need a miner majority to build a chain, but it needs a decent sized miner minority which it still doesn't have.
false. a miner minority is already in place. --> https://slushpool.com/stats/?c=btc

Not false. I said decent sized. Slush pool is big, but the amount of hash directed to his BIP148 option is not enough to sustain the entire network. Blocks would be days apart at the current rate.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
get some fresh air and then come back.  Wink
There isn't enough air on the planet to make space in a block magically appear. No matter how you juggle, hide, or fudge what is counted to reach a given limit, a hard limit is still a hard limit.

you should apply Photosynthesis to get enough fresh air for your mind.

where is the issue?  Wink
hero member
Activity: 1092
Merit: 552
Retired IRCX God
get some fresh air and then come back.  Wink
There isn't enough air on the planet to make space in a block magically appear. No matter how you juggle, hide, or fudge what is counted to reach a given limit, a hard limit is still a hard limit.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
move on in the way of the last two years with scaling?
I'm too tired to rehash the fact that even if you fekwits ram segwit down everyone's throat (despite the fact that the clear majority don't want it and/or don't think it's a viable total solution) it still doesn't change anything in the long run of "scaling", it just postpones the issue. At an exponential rate, we'll be doing this all again next year.  

get some fresh air and then come back.  Wink
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
...there are BIP148 blocks already....
There are? Care to link to one?

all blocks which are signal for BIP141 (SegWit) are 100% BIP148 blocks already because BIP148 full nodes will only accept these blocks on their Bitcoin blockchain after 08/01/2017.

they are among us. Wink
only the very first short chain of segwit blocks will be considered by BIP148 and then it will be left in the cold while any remaining BIP148 pools try to build on those first blocks.
true after 08/01/2017.

BIP148 doesn't need a miner majority to build a chain, but it needs a decent sized miner minority which it still doesn't have.
false. a miner minority is already in place. --> https://slushpool.com/stats/?c=btc
hero member
Activity: 1092
Merit: 552
Retired IRCX God
move on in the way of the last two years with scaling?
I'm too tired to rehash the fact that even if you fekwits ram segwit down everyone's throat (despite the fact that the clear majority don't want it and/or don't think it's a viable total solution) it still doesn't change anything in the long run of "scaling", it just postpones the issue. At an exponential rate, we'll be doing this all again next year.  
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
...there are BIP148 blocks already....
There are? Care to link to one?

all blocks which are signal for BIP141 (SegWit) are 100% BIP148 blocks already because BIP148 full nodes will only accept these blocks on their Bitcoin blockchain after 08/01/2017.

they are among us. Wink
Nonsense. After another non-segwit block is built on any BIP141 blocks, the segwit pools will still mine on top of those and even when they find new segwit blocks, they'll be built on top of non-segwit blocks so only the very first short chain of segwit blocks will be considered by BIP148 and then it will be left in the cold while any remaining BIP148 pools try to build on those first blocks. BIP148 doesn't need a miner majority to build a chain, but it needs a decent sized miner minority which it still doesn't have.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
...which consensus you have in mind?...
The one where if you can't get enough consensus by the original concept date, you accept it and move on?  Roll Eyes

move on in the way of the last two years with scaling?  Smiley
hero member
Activity: 1092
Merit: 552
Retired IRCX God
...which consensus you have in mind?...
The one where if you can't get enough consensus by the original concept date, you accept it and move on?  Roll Eyes
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
...all blocks which are signal for BIP141 (SegWit) are 100% BIP148 blocks...
Nice hijack concept and a great way to render consensus invalid.  Roll Eyes

which consensus you have in mind? --> https://coin.dance/poli

Wink
hero member
Activity: 1092
Merit: 552
Retired IRCX God
...all blocks which are signal for BIP141 (SegWit) are 100% BIP148 blocks...
Nice hijack concept and a great way to render consensus invalid.  Roll Eyes
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