Post
Topic
Board Bitcoin Discussion
Re: 95% lol. No chance. SegWit is now dead.
by
franky1
on 15/01/2017, 01:36:25 UTC
There's only so much schmoozing you can do. I highly doubt at this rate we'll see segwit take off. It's too bad but ugh, the 95% that was decided on was a stretch from the get go.

gmaxwell has a trick up his sleeve..
he can cause a hardfork to get a softfork activated. by deliberately orphaning blocks that oppose segwit. not because the block data is bad.. but purely because its not voting in favour of segwit.

If there is some reason when the users of Bitcoin would rather have it activate at 90%  (e.g. lets just imagine some altcoin publicly raised money to block an important improvement to Bitcoin) then even with the 95% rule the network could choose to activate it at 90% just by orphaning the blocks of the non-supporters until 95%+ of the remaining blocks signaled activation.

so funny that blockstream/core said that all the segwit data was good and backward compatible. but now suggesting everyone should upgrade to be full nodes and that they can even orphan off blocks to get their way(hard fork)..

if the data was truely backward compatible there should be no reason to orphan.. thats the point of why a softfork was promoted and how it was promised to the community. to not cause disruption by/of orphans.