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Topic: The Barry Silbert segwit2x agreement with >80% miner support. - page 9. (Read 120014 times)

-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
One of my pools was lucky enough to find a block in this heat and contribute to the activation signalling:
https://www.blocktrail.com/BTC/block/000000000000000001190eb117434d9d2cc40a0a01bcb6ec954f16b565dbfd4e



Congrats... Great to see that your pool got to be part of a possible pivotal moment in bitcoin history....    Wink
This activation period looks very close but I don't think it will succeed because f2pool is STILL holding out. No idea what he's thinking; he's done some bizarre flip flops in the past that have nothing to do with what he says, so I don't even know if he's holding out because of gmaxwell's issue on the btc1 git. There is still enough hashrate to activate it without him on one of the activation periods (they are 336 blocks long) but instead of it being a given it's going to be a close one based on random luck.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
After Coinbase now GDAX is rejecting any potential HF from Jihan  Cheesy

https://blog.gdax.com/uahf-a703b6a13115.



I think it's a good sign to show what bitcoin and its idea really is. Finally anyone who want to be reasonable here should WORK (PoW) against any split of bitcoin AT FIRST PLACE.
legendary
Activity: 3080
Merit: 1080
After Coinbase now GDAX is rejecting any potential HF from Jihan  Cheesy

https://blog.gdax.com/uahf-a703b6a13115.

So what do you think? It seems to me that Jihan Wu doesn't command enough support for a chain split. It will be better for him (and for everyone else) to stay in the original Bitcoin chain, rather than risking his money and reputation in building another one. Anyway... it is his call.

Well, don't forget that right now he is onboard with the segwit2x agenda, so he is voting to stay on the original blockchain. The chain split (Bitcoin ABC) is a contingency plan if BIP 148 activates. It's sort of like a knee-jerk reaction. If we soft fork he hard forks. We all get forked that way!  Wink
sr. member
Activity: 1988
Merit: 453
After Coinbase now GDAX is rejecting any potential HF from Jihan  Cheesy

https://blog.gdax.com/uahf-a703b6a13115.

So what do you think? It seems to me that Jihan Wu doesn't command enough support for a chain split. It will be better for him (and for everyone else) to stay in the original Bitcoin chain, rather than risking his money and reputation in building another one. Anyway... it is his call.
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
One of my pools was lucky enough to find a block in this heat and contribute to the activation signalling:
https://www.blocktrail.com/BTC/block/000000000000000001190eb117434d9d2cc40a0a01bcb6ec954f16b565dbfd4e



Congrats... Great to see that your pool got to be part of a possible pivotal moment in bitcoin history....    Wink
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
One of my pools was lucky enough to find a block in this heat and contribute to the activation signalling:
https://www.blocktrail.com/BTC/block/000000000000000001190eb117434d9d2cc40a0a01bcb6ec954f16b565dbfd4e
hero member
Activity: 1092
Merit: 552
Retired IRCX God
After Coinbase now GDAX is rejecting any potential HF from Jihan  Cheesy
Since GDAX is a CoinBase entity, that was a given.  Roll Eyes
legendary
Activity: 3512
Merit: 4557
After Coinbase now GDAX is rejecting any potential HF from Jihan  Cheesy

https://blog.gdax.com/uahf-a703b6a13115.

-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Here's yet another interesting site to monitor progress as well as other interesting fork data.

https://www.btcforkmonitor.info/
legendary
Activity: 1148
Merit: 1048
As far i know, Coinbase is the first exchange that rejects any potential HF from Jihan.

https://twitter.com/coinbase/status/887703206435758080


I think I started to like coinbase  Grin

Would I trust my precious coins to them? No, not yet. They have a long way to gain my trust but I may stop talking shit about them for a while.  Cheesy I guess we are about to find out if userbase majority > hashrate majority or vice versa.

they jumped on the ETH bandwagon really fast back when I wasnt so keen on it, but, looking back, I guess they werent so wrong, LOL. they are insured, yet I cant bring myself to leave a balance of more than 5ish USD on CB, or anyones exchange for that matter. i have a poor feeling most of the time my coins arent under my control. shit happens too frequently in this space Wink

DEX!

but im going to need coinbase to like, upgrade the servers or something, anytime there is high traffic the platform performance seriously degrades, like messing up your trading bad Sad
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
As far i know, Coinbase is the first exchange that rejects any potential HF from Jihan.

https://twitter.com/coinbase/status/887703206435758080


I think I started to like coinbase  Grin

Would I trust my precious coins to them? No, not yet. They have a long way to gain my trust but I may stop talking shit about them for a while.  Cheesy I guess we are about to find out if userbase majority > hashrate majority or vice versa.

You see that if the forked of coin will be worth something (if only a few $), coinbase users have no way of getting these coins and coinbase basically steals them from their users.

Yes, and that is why coinbase said that if you don't like what the fuck they are planning to do, then get your fucking coins off of their exchange.

Of course they were a bit more diplomatic in their choice of words.   Cheesy Cheesy

legendary
Activity: 3080
Merit: 1080
BIP91 signaling went down to 77.7%. We're basically right at the end of locking in segwit on this current lock-in period and I have a feeling it won't succeed. Those 3 pools could make all the difference or the existing BIP91 signalers need to up their hashing power to compensate. We still have 152 blocks to go so there is time left.
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
Slight bump in the road. Looks like Bitfury, F2Pool and GBMiners are all signalling SW so they're likely on the sidelines waiting to hear about that bug ck described a few posts back.


From my quick glancing at the situation, between the three of them, they seem to have between about 13% to 16% of the current hashing power.

Bitfury - between about 2% to 3%

f2pool - between about 7% to 10%

Gbminer - between about 3% to 4%

Sometimes it can also be a bit unclear about whether some of these miners might engage (or plan to engage) in a practice to either ramp up or to ramp down their mining power in order to affect the results of this BIP91 locking in -  in one direction or another - especially if the situation is looking borderline - but at the same time, with so many miners and such a distribution of hashing power, any behavior of one miner (or even a group of miners) might play out as a kind of "wash" if other miners engage in an opposite behavior to attempt to compensate for the expected behavior(s) of other miners.

Of course, the bigger the miner, the more they may be able to attempt to strategically play their hashing power, no?
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
As far i know, Coinbase is the first exchange that rejects any potential HF from Jihan.

https://twitter.com/coinbase/status/887703206435758080


I think I started to like coinbase  Grin
Yeah!  I think we should all deposit our coins into Coinbase, so that they can steal our money in broad daylight.  I hope loads of other exchanges and online wallets begin stealing what people rightfully own. /s

Any rational person would realise that if you don't like Bitcoin Cash then you sell it, rather than letting someone else hold it and potentially not even sell it themselves.

hero member
Activity: 1092
Merit: 552
Retired IRCX God
You see that if the forked of coin will be worth something (if only a few $), coinbase users have no way of getting these coins and coinbase basically steals them from their users.
Hence the reason we all keep telling folks to put their coins where they (the users) have control of the private keys.  Wink
sr. member
Activity: 443
Merit: 260
As far i know, Coinbase is the first exchange that rejects any potential HF from Jihan.

https://twitter.com/coinbase/status/887703206435758080


I think I started to like coinbase  Grin

Would I trust my precious coins to them? No, not yet. They have a long way to gain my trust but I may stop talking shit about them for a while.  Cheesy I guess we are about to find out if userbase majority > hashrate majority or vice versa.

You see that if the forked of coin will be worth something (if only a few $), coinbase users have no way of getting these coins and coinbase basically steals them from their users.
hero member
Activity: 1092
Merit: 552
Retired IRCX God
...making segwit pointless.
Isn't that a redundancy in terms?  Tongue
legendary
Activity: 3276
Merit: 2442
As far i know, Coinbase is the first exchange that rejects any potential HF from Jihan.

https://twitter.com/coinbase/status/887703206435758080


I think I started to like coinbase  Grin

Would I trust my precious coins to them? No, not yet. They have a long way to gain my trust but I may stop talking shit about them for a while.  Cheesy I guess we are about to find out if userbase majority > hashrate majority or vice versa.
legendary
Activity: 924
Merit: 1000
...When they were going to signal SegWit a while ago, Wang Chun said that SegWit would be a "disaster" then started signalling really soon after under the guise of following the public..
Yeah, what kind of dick reverses his position based on the belief that holding strong to such a position would create a fork in Bitcoin that's not good for Bitcoin?  Roll Eyes

Not so. It really depends on what the miners do after segwit is activated. They could ignore segwit txs and only accept current txs, making segwit pointless.
hero member
Activity: 1092
Merit: 552
Retired IRCX God
As far i know, Coinbase is the first exchange that rejects any potential HF from Jihan.
There in lies the root of the bigger problem...
People refusing to accept that:
The longest, most secure chain is Bitcoin; because, Bitcoin.
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