Last Update : 2017/07/18 19:17
Developers are looking into a potential problem/bug with Segwit2x.
As described in a GitHub post by Blockstream CTO Greg Maxwell, the first part of the proposal, BIP 91, could lead some miners to reject blocks from others on activation. Discussion on the issue is still ongoing, but Maxwell is seeking to galvanize feedback to raise awareness of the issue.
This requires an urgent response,” he said on GitHub.
^This is just the beginning. How the fuck can these fucking idiots be so unprepared for this?
>>2817824
Because they're desperately trying to prevent BIP148. It's been like this for years. Fuck the gooks and fuck BIP91. If that goes through, whatever form segwit2x takes will become worthless.
> How the fuck can these fucking idiots be so unprepared for this?
These clowns wanna hardfork to a wortless shitcoin, sayanora! Screw x2!
>trusting chinese miners even once
Buy IOTA. It's both blockchain- and miner-free, and it also offers instant transactions, zero fees, and infinite scalability.
>>2817824
Derp, read between the lines.
Core/Blockstream is pissed that BIP91 gained traction against their will. A 2 MB hardfork also delays demand for off-chain transactions that Blockstream needs to start turning a profit. And if miners do pull this off, there probably will be miner-initiated block size increases. Less power and control for Blockstream prevents profits for a long long time.
So it's in Core's best interests to destabilize and undermine BIP 91, especially since BIP91 leads to a 2MB HF. If they were able to do that, miners would be strongly incentivized to take up Segwit straight up to prevent the UASF from splitting the chain. This would cast the 2MB increase into question though.
If you actually read the comments on Maxwell's issue, you realize this bug poses no real world issues, as miners all use the relay network for signaling. The whole push, and seriousness of the description is designed to spread FUD amongst miners and the markets.
>>2817824
SHORT
SHORT
SHORT
>>2817902
Piss off with your shitcoin, pajeet
>>2817824
Not fuckin' selling. Bring it on, fudders.
>>2817902
Their website legit just crashed my phone. After restart I can barely scroll on this shit. How can I trust these fucking idiots with my money?
Fake fud news. Segwit will be activated. Big blocks will be blocked.
>>2818001
Nothing broken about bitcoin, poo in the loo coiner
bigger blocks to mine = higher transaction fees
WE WILL CRASH BITCOIN WITH NO SURVIVORS
BROTHER, HAVE WE STARTED THE FLIPENING?
>>2818007
>>2818017
>says the increasingly nervous bitcoiner
>>2818045
what happens if a large chinese mining facility catches on fire?
so many drawbacks to crypto
>>2818062
actually not a problem, but crypto will go full PoS in a few years, goodbye china welcome passive income
>>2818062
Doesn't matter. Hashpower is extremely distributed across China. If you had one of the biggest pools burn down, you might see transactions slow down by ~5-10% as long as two weeks. Of course hashpower is being added all the time, so you honestly may not see a noticeable difference 2-3 days later.
This is the benefit of a decentralized structure.
>>2818058
Nervous about what retard?
I got thousands of bitcoins for mining. I've seen it all. Been there done that.
>>2818070
Bitcoin's never going PoS while I'm still holding.
>>2818100
one more reason why it will not be the n1 coin by 2020 :^D
>>2817824
>could lead some miners to reject blocks from others on activation.
Perfect miners got monopoly of new blocks, disguised as improvement for the scaling issue.
1600 here we go
>>2818094
>bitcoin commits suicide because the miners would rather collect fees than have a viable cryptocurrency
>e-everything is fine guys!
6.5% away
>>2818110
It always was and always will be 1, poo in the loo coiner
>>2818123
I can practically taste the salt in your posts.
>>2818121
it already passed 80%, what matter is how it ends by 1 august.
>>2817902
Where do I buy it?
>>2818142
Bitfinex. I recommend transferring ETH over from another exchange to purchase.
>>2818133
CAN NEWFAGS STOP TALKING ABOUT SHIT THEY DON'T HAVE A CLUE ABOUT?
ITS NOT ABOUT BIP91 IDIOTS, ITS ABOUT BIP148
>>2818119
>thinking everyone else is as much of a fucking retard as yourself
that's where you're wrong kiddo
>>2818119
They tried btc classic, unlimited, xt, abc, cash.
They all bite the dust, nervous shitcoiner.
>>2818154
The dude is wrong but you don't have to be mean
Isn't bip 91 good? It prevents a split and activates segwit. This should increase price?
>>2818185
BIP91 is great.
Core hates it because it wasn't their plan, among other things.
>>2818185
BIP91 is literally miners coercing the ecosystem into changing the validation rules.
>>2818211
Miners locking in bip91 is basicly activating UASF
>>2818219
so they can potentially mod it again in the future?
Segwit will be locked in before august. End of story. No lambo's for you shitcoiners!
Why didn't they just make the block size really large (e.g. 64 mb) so they push the issue completely away for the foreseeable future?
Should I buy before or after implementation?
>>2818333
the threes are the bees knees
>>2818362
If you want to buy below 4K, I would say NOW
>>2818301
>>2818219
That's how Bitcoin works. Miners vote on rules by choosing which blocks to extend and which to reject. The longest chain with the greatest POW is bitcoin. This is why people are concerned with pool diversity- if one pool gets enough hashpower, they alone could make the rules of Bitcoin.
>so they can potentially mod it again in the future?
Yes, hopefully. Larger blocks will probably be required in a year or so. A 4MB or 8MB block increase will probably be easily handled at that point.
>>2818384
I want to buy below 2k though :/
>>2818415
K just get your delorean to 88 MPH then
Ethereum alliance has mastercard, cisco, government of india, banks, BP oil, microsoft, jp morgan, etc on their side...
why doesn't bitcoin have an alliance?
>>2818435
>government of india
Truly the pajeet coin we all need but don't deserve
>>2817976
? This is literally a major issue from the dev team
are you fucking retarded?
>>2818427
>implying it wont dip again this weekend
>>2818386
nice so this is basically a test ground? miners getting along and building alliances to dominate.
like a first battle to see which faction to join and so on?
>>2818457
Lol, it's not a major issue. Also it's just Core/Blockstream being butthurt.
Crash 2.0!!!!
>>2818479
Uh, kind of? There's overwhelming support for this. I'm sure if BIP91 succeeds miners will be more proactive in future updates without Core.
>>2817906
hope this is true
>>2818457
Oh yeah? Can't wait to see it then. I'm shaking already.
JIHAN HAS A SECRET ARMY
PREPARE FOR BLOOD
BITMAIN IS GOING TO LAUNCH A 51% ATTACK ON BTC AFTER THE BIG BLOCKERS SPLIT
http://imgur.com/a/lgnzA
>>2818600
Easely countered n00b
>>2817906
Core doesn't like BIP91 because the NYA was created by business men, not developers. It's creates a huge issue for the network if it splits using untested technology, Bitcoin Unlimited crashing multiple times should make you scared of the NYA as BU was developed by business men who hired shit coders. Do you really want to be on the side of Bitmain? That's just ridiculous. Rather be on the side of Core who have been working on BTC for years without issue and only get paid in donations, not fucking Jihan Wu.
>>2818028
You're just an idiot.
>>2818070
Doubtful as PoW is cheaper in the end.
>>2818119
I really just think its maintaining their monopoly over Bitcoin. Bitmain being the only major distributor of ASICs wanting the block size increase will just further their agenda of dominating Bitcoin. Their HF plan doesn't make blocks have a limit of 2mb, it stops at 8mb which causes issues for the average joe being able to run a node as the blockchain size will be just too big and expensive to run. Governments and huge mining operations will be the only ones to have the resources to control the network thus removing decentralization.
>>2818133
It has to be locked in.
>>2818287
Idiot.
To anyone who uses the "Satoshi's Vision," argument, he didn't take into account how fast bitcoin was gonna grow, ASICs, and a monopoly on mining software in fucking china. Increasing the size at this day and age poses the risk of 51% attacks because only groups with vast resources can keep the network up.
Now stop being idiots and don't discuss this shit in public.
>>2817902
Nice just bought 100k
If you aren't buying Litecoin right now you are fucking nuts
Litecoin and Bitcoin will swap prices overnight.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
AND YOU FAGS THINK BITCOIN WILL BE WORTH A MILLION DOLLARS
HAHAHAHAHAHAHAHA
COINERS ON SUICIDE WATCH
L I T E C O I N
I
T
E
C
O
I
N
$ 3 0 0 0
3
0
0
0
>>2818917
>IOTO
That's a really funny way to spell anything
>>2818805
you mean core who allllll work for blockstream? blockstreamcore!!! fk U FUCKER!!
>>2818925
Yeah, it is. Must have had a minor stroke there from thinking about all of those gainz. Anyway:
BUYIOTA
UYIOTAB
YIOTABU
IOTABUY
OTABUYI
TABUYIO
ABUYIOT
>>2818951
Wow. You're so obviously a pajeet disinfo agent, its not even funny.
https://blockstream.com/team/
https://bitcoin.org/en/development
>>2818888
bitcoin increases over 100% percent per year
how can coiners even compete?
>>2818917
>broken
retard.
>>2818663
>>2819011
>maybe if I call them names that will fix the glaring scalability and consensus problems with my failing cryptocurrency
>>2817824
>>2819041
>maybe if I FUD enough people will stop buying BTC and buy my shitcoin instead
>>2819093
>ur dum lol, there r no problems XD
See? I'm just like you now.
>>2818469
>it dipped for a couple weeks, that means its going to dip this week too
retard detected
>>2818600
Only if he sabotages other main miners... with power cuts or fire.
>>2819131
HE HAS A SECRET ARMY OF MINING MACHINES. BITMAIN HAS A MONOPOLY ON ASIC SUPPLY. HE HAS ENOUGH STEALTH HASHPOWER TO 51% BTC.