Re: BP 148 or Segwit? Which one are you hoping happens before August 1st?

Quote from: iamTom123 on July 13, 2017, 05:46:29 AM

I prefer Segwit that will not produce a coin split but can still deal with the burgeoning transaction clogs.

It seems almost certain that there will be a chain split at some point.

Either SegWitx2 will fail and UASF will happen with a minority of hash rate, causing a chain split, or SegWitx2 will succeed and there will be a hard fork to 2MBblocks three months from then.

If the 2MB hard fork is high consensus then it's not too much of a problem, but I consider that unlikely. Personally, I also think UASF on August 1st isn't particularly relevant and is over hyped.

Quote from: jchoros on July 13, 2017, 03:02:44 AM

For other non-programmers out there who don't know what I'm talking about, read this article: https://coinjournal.net/bitcoin-now-likely-get-segwit-august-1st-avoid-chain-split/

UASF would cause a chain split if there is a minority of hash rate support, and the UASF chain will remain negligible if the majority of merchants and exchanges continue to use coins from the legacy chain.