[UPDATED]: The OFFICIAL SegWit2x Lock-in Thread

OmegaStarScream

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Quote from: alani123 on August 05, 2017, 09:05:51 PM

The 2x part seems like a compromise in between Core's plan and BCash. I think that if the majority miners continued to show support for a blocksize increase with bitcoin, BCH could remain relevant to the day that this happens. A third "bitcoin" now seems more viable after BCash, but would likely have a different reception if the majority of miner support continued following it.

BCH is already dead. If exchanges are asking for a high amount of confirmations, Its probably so they make more profit while the price is not that low, the minute miners start finding new block as fast as BTC, Its gonna crash in a matter of seconds. HitBTC is the only exchange currently asking for two confirmation and It has the lowest price. Back to SegWit2x, I doubt that miners will be against it, because they signed an agreement (NYA) so It's not possible to back down at this point, is it?

andrew24p

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Very happy to actually see segwit come to the main chain soon so we can move on with our damn lives. Hopefully the lightning network comes soon as well and business decide to build applications here again.

alani123

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The 2x part seems like a compromise in between Core's plan and BCash. I think that if the majority miners continued to show support for a blocksize increase with bitcoin, BCH could remain relevant to the day that this happens. A third "bitcoin" now seems more viable after BCash, but would likely have a different reception if the majority of miner support continued following it.

joshy23

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Quote from: timvim on August 05, 2017, 02:35:29 PM

Quote from: Dr Bloggood on July 21, 2017, 11:03:00 AM

Quote from: timvim on July 20, 2017, 07:15:27 PM

Congratulations bitcoin! Relieving that this part of the drama was solved. Hehe, https://www.xbt.eu is down, guess a lot of people are trying to access it. Remember who said it first, over $3500 before aug 5, then downwards correction again.

Edit: Up again, apparently modifications were made Wink

Will remember that. We will see how close you were with your guess.

I wouldn't dare to make any prediction right now. Except that the trend will be UP in the coming months.

Hehe, I would say I was pretty damn close Wink

A few hours left if aug 5, now lets just see how far it will rise before the correction.

Its already Aug 5 and I think we almost got to $3500. Bitcoin is breaking ATH left and right. Some say's it reaches as far as $3200-$3500 to some exchanges. For consistency, I'm putting it again:

SEGWIT LOCK-IN PERIOD:
SW lock-in this period? Probably.
Period ends at ≈Wed, 09 Aug 2017 06:20:52 GMT.
Lock-in threshold expected at ≈Tue, 08 Aug 2017 15:40:52 GMT.
Next period ends at ≈Mon, 21 Aug 2017 14:01:52 GMT.

524 blocks before current lock-in period ends. Still 424 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.

Only few days and still we needed 424 blocks. But I'm speculating that we can met it. We will have to wait and see again.

timvim

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Quote from: Dr Bloggood on July 21, 2017, 11:03:00 AM

Quote from: timvim on July 20, 2017, 07:15:27 PM

Congratulations bitcoin! Relieving that this part of the drama was solved. Hehe, https://www.xbt.eu is down, guess a lot of people are trying to access it. Remember who said it first, over $3500 before aug 5, then downwards correction again.

Edit: Up again, apparently modifications were made Wink

Will remember that. We will see how close you were with your guess.

I wouldn't dare to make any prediction right now. Except that the trend will be UP in the coming months.

Hehe, I would say I was pretty damn close Wink

A few hours left if aug 5, now lets just see how far it will rise before the correction.

Minecache

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We are one the final hours countdown folks.

bitcoinvestor

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Quote from: joshy23 on July 31, 2017, 08:19:48 AM

SEGWIT LOCK-IN PERIOD:
SW lock-in this period? Probably.
Period ends at ≈Wed, 09 Aug 2017 01:26:26 GMT.
Lock-in threshold expected at ≈Tue, 08 Aug 2017 10:46:26 GMT.
Next period ends at ≈Mon, 21 Aug 2017 09:07:26 GMT.

1392 blocks before current lock-in period ends. Still 1292 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.

https://www.xbt.eu/

MOnitor and wait. Hope everything is fine. BTC is BTC. BTC isn't BCC , BTU or any name. Keep the price of BTC UP after everything passed. Let'see and wait.

joshy23

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SEGWIT LOCK-IN PERIOD:
SW lock-in this period? Probably.
Period ends at ≈Wed, 09 Aug 2017 01:26:26 GMT.
Lock-in threshold expected at ≈Tue, 08 Aug 2017 10:46:26 GMT.
Next period ends at ≈Mon, 21 Aug 2017 09:07:26 GMT.

1392 blocks before current lock-in period ends. Still 1292 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.

https://www.xbt.eu/

krishnapramod

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New Segwit activation period has begun. Segwit is currently projected to lock in during this period, around August 8.

https://coin.dance/blocks
https://www.xbt.eu

joshy23

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Latest update:

SEGWIT LOCK-IN PERIOD:
SW lock-in this period? No.
Period ends at ≈Thu, 27 Jul 2017 07:08:07 GMT.
Lock-in threshold expected at ≈Tue, 08 Aug 2017 00:09:07 GMT.
Next period ends at ≈Tue, 08 Aug 2017 14:49:07 GMT.

208 blocks before current lock-in period ends. Still 684 blocks needed for a lock-in.
68.1% SegWit blocks mined in this lock-in period.

https://www.xbt.eu/

Minecache

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Quote from: OmegaStarScream on July 24, 2017, 11:13:47 AM

It clearly won't be activated during this period but 100% on the next one If miners continue signalling it. I just want to know, each activation period is 2016 blocks, how much time is that? like in days or weeks.

~14 days.

TierNolan

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Quote from: OmegaStarScream on July 24, 2017, 11:13:47 AM

like in days or weeks.

It's 2 weeks (2016 blocks * 10 mins = 2 weeks). It is often slightly faster, if the hash rate is rising.

OmegaStarScream

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It clearly won't be activated during this period but 100% on the next one If miners continue signalling it. I just want to know, each activation period is 2016 blocks, how much time is that? like in days or weeks.

TierNolan

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Quote from: soul-impact on July 24, 2017, 05:01:14 AM

This is a good way for them to ensure the success of hardfork, segwit will definitely be enabled however, I suppose there are some people disagree, so 100% is a wrong number.

No, it's 100% now. Miners agreed a new rule which says that if you produce a block which doesn't vote for SW, then it counts as invalid. Miners who produce non-SW blocks are throwing their hashing power away. Their blocks will not be part of the chain. This means that the chain will show a 100% vote for SW from now until it locks in.

BTCLovingDude

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Quote from: soul-impact on July 24, 2017, 05:01:14 AM

Quote from: TierNolan on July 24, 2017, 04:37:25 AM

Quote from: Andre_Goldman on July 24, 2017, 03:24:06 AM

why exactly is it called "lock-in" phase ?

What locked-in (and activated) was BIP91. That is an agreement for all miners to vote for segwit (and also the 2MB HF in November).

Now that BIP91 is active, 100% of miners must vote SW. This means that SW is guaranteed to lock-in and then activate. It hasn't yet though. The vote takes 2 weeks and when the vote passes, SW will be considered locked-in. It will activate 2 weeks later.

This is a good way for them to ensure the success of hardfork, segwit will definitely be enabled however, I suppose there are some people disagree, so 100% is a wrong number.

first of all SegWit is a soft fork not a hard fork (unless you are talking about something else) and currently the 100% signal is for SegWit soft fork.
and it is not a wrong number, why would you even say that
oh and by the way this signalling has so little with the 2 MB hard fork which is scheduled for later!

Quote from: dunfida on July 24, 2017, 05:06:15 AM

-snip-
100% is really a wrong number because if there would be perfect number then there would be no voting at all on the very first place and instead of making some negotiations or polls they would directly go the same thing since they are all agreed on the same stuff. Theres always a side who would really reject on such actions. I will say 99.99% would be better Cheesy

correct me if i am wrong but if you don't signal for SegWit at this point (which is the locked in phase of BIP91) your block will be orphaned. so there shouldn't be anything else than 100%

dunfida

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Quote from: soul-impact on July 24, 2017, 05:01:14 AM

Quote from: TierNolan on July 24, 2017, 04:37:25 AM

Quote from: Andre_Goldman on July 24, 2017, 03:24:06 AM

why exactly is it called "lock-in" phase ?

What locked-in (and activated) was BIP91. That is an agreement for all miners to vote for segwit (and also the 2MB HF in November).

Now that BIP91 is active, 100% of miners must vote SW. This means that SW is guaranteed to lock-in and then activate. It hasn't yet though. The vote takes 2 weeks and when the vote passes, SW will be considered locked-in. It will activate 2 weeks later.

This is a good way for them to ensure the success of hardfork, segwit will definitely be enabled however, I suppose there are some people disagree, so 100% is a wrong number.

100% is really a wrong number because if there would be perfect number then there would be no voting at all on the very first place and instead of making some negotiations or polls they would directly go the same thing since they are all agreed on the same stuff. Theres always a side who would really reject on such actions. I will say 99.99% would be better Cheesy

soul-impact

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Quote from: TierNolan on July 24, 2017, 04:37:25 AM

Quote from: Andre_Goldman on July 24, 2017, 03:24:06 AM

why exactly is it called "lock-in" phase ?

What locked-in (and activated) was BIP91. That is an agreement for all miners to vote for segwit (and also the 2MB HF in November).

Now that BIP91 is active, 100% of miners must vote SW. This means that SW is guaranteed to lock-in and then activate. It hasn't yet though. The vote takes 2 weeks and when the vote passes, SW will be considered locked-in. It will activate 2 weeks later.

This is a good way for them to ensure the success of hardfork, segwit will definitely be enabled however, I suppose there are some people disagree, so 100% is a wrong number.

KellyCoin

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Thanks guys for clearing this up. I was also a bit confused and the last few replies has really helped.

TierNolan

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Quote from: Andre_Goldman on July 24, 2017, 03:24:06 AM

why exactly is it called "lock-in" phase ?

What locked-in (and activated) was BIP91. That is an agreement for all miners to vote for segwit (and also the 2MB HF in November).

Now that BIP91 is active, 100% of miners must vote SW. This means that SW is guaranteed to lock-in and then activate. It hasn't yet though. The vote takes 2 weeks and when the vote passes, SW will be considered locked-in. It will activate 2 weeks later.

krishnapramod

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Quote from: Andre_Goldman on July 24, 2017, 03:24:06 AM

why exactly is it called "lock-in" phase ?

Lock-in can be called an intent period, an intent to activate a future event. The intent gets locked-in.

If I am right then there is lock-in period, grace period, and then activation.

BIP141 (Segwit) requires 95% (1916 from 2016 blocks) of hashpower to get locked-in.

After locked-in it's two weeks grace period.

After grace period it's activation.

Segwit is expected to be locked-in by August 10 and be activated by August 23.

Topic: [UPDATED]: The OFFICIAL SegWit2x Lock-in Thread (Read 8525 times)