Topic: Why the split and when? - page 2. (Read 1492 times)

Ok, lots of info. I start to see, now. Thanks.

But how did the discussion started, now, together with the constant desceding of the XBT price? Who started it and where?

Also, if indeed a HF is about to happen, when is it going to happen? Do you have any insight on this?

So the hardfork is something sure ? I still see that Bitcoin Unlimited altcoin has a relatively low hashrate percentage, so that it could not threaten us, the true Bitcoin, in any case.

Wrong on last part. Bigger blocks may get more tx so more fees, also xchg rate may be higher.  We just dont know

what people forget is.. making 2 different chains/coins. may not actually happen.


likely but not guaranteed.

if a majority goes one way. the minority then have many struggles.
EG
will exchanges accept it. will scrpt kiddies do replay attacks by copy/pasting unconfirms from one side to the other to cause disruption.
will spammers intentionally bloat a minority so that along with having less haspower (delayed blocks) the minority coin then has many more tx's it has to deal with causing delays.
plus numerous other attacks on the minority.

also. the whole 'naming it BTU' has ben exaggerated too.

in a CONSENSUS event the majority is then BTC and the minority is named something else.
thus if dynamic blocks got consensus majority. segwit, the minority becomes SWCoin.
and the majority is simply named bitcoin.

it is already known that all the dynamic proposals wont do anything controversial. even when segwit devotee's have begged and pleaded them to split away.

in the couple years of these non-segwit teams running on the main net. they have not done a controversial split, not gave any timescales or demands to do one either. they want consensus. and if they dont gt it. then that to is still consensus of not wanting it. thus they actually are following bitcoins ethos for change. by adhering to consensus by not rocking the boat.

once you look passed the scripted rhetoric of controversial splits. you soon learn it is core demanding it and core with all the banning/orphaning tools to cause it.

but core have to be on the losing side(minority) to trigger it.

so dont be fooled into thinking 2 chains is a guarantee. the dynamic node users may just leave their settings at 1mb and just be second tier downstream nodes of the same network as segwit. meaning no split.

Great info for another noob like me, thanks guys 

Block size is the ongoing issue.
Hard fork cant stop the original block chain.
Hard fork supporters believe that after hard fork,there will be two chains,the original chain with old parameters and new chain with new parameters.
They believe that new chain will take over the old chain and making the old chain useless.
But the new chain cant function properly because the miners left with bitcoin wuld get more mining fees and BU miners will get low.So they all would once again move to old bitcoin block chain.So bitcoin will remain unshakeable.

- Main reason is debate between bitcoin core team and unlimited team about block size issue, and also lots of  hidden agenda/politics.
- I think It depends on bitcoin unlimited team decision (not 100% sure)

After hardfork we will get coins in both bitcoin and BTU (exchangers will list bitcoin unlimited as BTU like altcoin). http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

How to prepare for hard fork : http://bitcoinist.com/prepare-bitcoin-hard-fork/

What to do on hard fork : https://bitcointalksearch.org/topic/hard-fork-guide-if-it-will-happen-1644949

So, I understand a BTC is about to happen and apparently this is the reason the price is dropping this bad, too.

• What is the problem that is leading to a fork?
• Is it really going to happen?
• And if yes, when?

Novice questions. Thanks