Topic: Unlimited vs Segwit information (Read 597 times)

guys, give up this BU ppl, this is a huge market manipulation, I see the whales coming soon and selling all this DASH and ETH. People get scared as this roger ver terrorist implement this crash, that is the real thing. They wan't the market to colapse so their whales friends make a lot of money under people fear..

BU fork off

This website provides an explanation of the three alternatives as well (3, because 27 nodes still support Bitcoin XT... lol)

Found two good articles describing difference between unlimited and segwit here
http://bitcoinchaser.com/segwit-vs-bitcoin-unlimited
https://themerkle.com/bitcoin-core-vs-bitcoin-unlimited/

Found this infographic but not sure all details are correct or not.

a fork is when there are 2 or more blocks of different content/rule/origin. fighting to become the dominant block
what happens next could be it is rejected in 3 seconds and gets thrown away like an orphan, survives for a few blocks then orphans causing some drama. or splits the chains into 2 surviving chains

these blocks can be competing because the pools are pushing the differences.
these blocks can be competing because the node are accepting rejecting the differences or a combination of pools and nodes

now,.. what happens can be many things.
many propaganda people take the atleast 6 different possible scenarios.. to try to constrict them down into 2 possible scenarios to fit their rhetoric by choosing the best case scenario for their own purpose and the worse case scenario for the opposition.. however once you know that its not a 2 option result. you start to see the propaganda

for clarity

soft and hard is simply:
soft: pool only vote
hard: nodes and pools vote

below these umbrella terms is what could happen.. in both hard and soft it can either continue as one chain. or bilateral split
softfork: consensus - >94% pools no banning/ignoring of minority. result: small 5% orphan drama then one chain. minority unsynced and dead
softfork: controversial - >50% pools no banning/ignoring of minority. result: long big% orphan drama then one chain. minority unsynced and dead
softfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

hardfork: consensus - >94% nodes, then >94% pools no banning/ignoring of minority. result: 5% orphan drama then one chain. minority unsynced / dead
hardfork: controversial - >50% nodes, then >50% pools no banning/ignoring of minority. result: big% orphan drama then one chain. minority unsynced / dead
hardfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

go check out cores bip9 orphaning blocks and node to get their 95%=100%.. oh and they can lower the trigger below 95%. (soft split can happen)
go check out cores UASF(S stands for soft) orphaning blocks and node to get their 100%.. oh and they can lower the trigger at any level (soft split can happen)
go chck out cores PoW algo change.. chain splitting can happen)

Yes, for those of us who do no have much technical knowledge of blockchain , fork etc the above Answer is the best. Forget about everything and all this what is going on. Just remember, at the end of the day, Bitcoin will always be the only number one cryto currency.

The Hardfork is still not proved. but there is no proves that it is not going to happen. I am also confused about all this situation around the fork. On the internet there are a lot of talks and opinions and the price for bitcoin is falling. It just can't stop me from some kind of panic.

The post was first published then deleted...

original : https://medium.com/@olivierjanss/15df2f0cc7f7

http://archive.is/zpHrm




Thanks to : https://twitter.com/WhalePanda

I really was not sure what should be done, segwit bitcoin or unlimite it.
Right now I think that there is no reason to change anything.
For some days now, the fees are back to normal and the memory pool has an acceptable size.
Is it just me or does somebeody else see a connection between the rejection of bitcoin unlimited by the exchanges and the decline of the mem pool?

A hard fork is when part of the network breaks away from the chain. Ethereum went through one after coins were stolen, bitcoin hasn't gone through one by the means of consensus yet but there are proposals to add changes to the protocol through a hard fork. Unlimited hasn't been receiving enough support to trigger a hard fork, yet the limit set for it to come into effect is mostly there because the developers of it through its a good threshold instead of consensus, knowing that the project would be a failure without it. 

https://nodecounter.com
https://coin.dance/nodes

Ok but i still want to track the news and developments realtime, so can you provide me with resources?

There will be no Hardfork, no bugcoin and chinese roger ver cartel will lose this fight. Bitcoin is unique.

I am really confused about this unlimited vs segwit fight.

Can somebody explain to me what is a hardfork? Is it when 51% of the mining power takes over the other 49% or when 51% of the nodes take over the other 49%?


If so can somebody show me a website that helps monitor the progress of Unlimited vs Segwit, so that I can keep track of which one is winning. Thanks!