Post
Topic
Board Bitcoin Discussion
Re: Segwit on Bitcoin has Failed , BTC Core has Lost , The Miners have Won
by
Slark
on 14/02/2017, 12:35:13 UTC
Segwit needs 95% to activate.

Current Numbers
https://coin.dance/blocks

Explicit Mining Pool Support by Proposal
SegWit                        24.6%
Bitcoin Unlimited          18.3%
8 MB Blocks                   7.5%

If the current Voters for Bitcoin Unlimited and 8 MB Blocks do not change their votes, (either alone is enough to block segwit)
Segwit will NEVER ATTAIN the 95% needed.

Segwit is DEAD!


Suggest BTC core start working on a blocksize increase solution ASAP, because no matter what else happens Segwit is Dead on Arrival.  Wink


 Cool

In my opinion this is a great news,being segwit out of the way btc core has no choice but to adopt 8 mb blocks as an alternative solution. If segwit is out of the picture and bitcoin unlimited is not a good choice then the last choice for bitcoin core was to bid on 8mb blocksize. Finally the end of slow transactions will come to be realized but let us observe what will be the next move of btc core as it will affect the future mining situation.
Have you seen the stats? You said that SegWit is dead, so lets embrace 8MB blocksize increase instead. But as you can see 8MB Blocks are supported only by 7.5% hash power.
It is far worse that SegWit's or BU support, do you think that miners who supported BU and SegWIt will now happy chose the least popular solution?

At this moment I think that every kind of super consensus requiring more than 80% majority to be accepted is impossible. Bitcoin community is too divided.