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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
B1tUnl0ck3r
on 18/03/2017, 17:20:44 UTC
Sorry to ask but where to read more about BU and Segwit? there is not much info here... and even a big nothing in the mining section.

It is very difficult to find anyone that will discuss BU or Segwit. I wish there was more discussion about it but nobody has an opinion for one or the other.

Thank you, I was very troubled by this. Was I looking in the wrong sections (tried them almost all) and still nothing really serious. Do you know where they hide to conspire their changes?

People think that a fork is imminent. First of all, none of the big pools are going to switch to producing bigger blocks until they have at least 51% of the hash. Probably a lot more. The way BU works is that it will eventually go for the longest chain. If any of the big pools start mining bigger blocks with less than 51% of the hash, they'll end up mining a lot of orphans. You think they are that stupid?
All the core team needs to do is introduce a block increase as well as Segwit and everyone will kiss and make up.

Finally someone is talking sense on this hard fork issue.

I have read that Antpool among others are already on board with BU... and are just waiting a unknown threshold to start mining BU and not BTC.

Futhermore I am not sure miners really care about the politics of their pool operators.

Anyway I am confused  Huh

Sorry to ask but where to read more about BU and Segwit? there is not much info here... and even a big nothing in the mining section.

It is very difficult to find anyone that will discuss BU or Segwit. I wish there was more discussion about it but nobody has an opinion for one or the other.
Isn't that the truth. I think most of the people bitching about it really don't fully understand either of the options. (me included lol)

Both hope to solve the same issue however. Just BU at some point could trigger the hard fork. Segwit would only be a soft fork. Just the sounds of a hard fork spooks people as it probably should lol

anyway it's a big change in the system, next more coins per blocks? if miners are too centralized in big pools and don't care, who knows...

Sorry to ask but where to read more about BU and Segwit? there is not much info here... and even a big nothing in the mining section.

Start with this:
http://www.coindesk.com/coindesk-explainer-bitcoin-unlimited-debate/

thx a lot! will report back later.