Folks,
Im wondering why the threshold for Segwit activation is now 90 or 95 percent. I thought because of the activation of BIP 91 the threshold will be lowered to 80 percent?
Thanks in advance for an explanation:)
BIP91 was an alternative, which cut short the BIP141 (Segregated Witness) percentage of 95% to 80% (lock-in and rejection)...It was to prevent BIP148 or a split/wipeout, purpose and the outcome are same.
1. BIP91 locks in (80%)
2. BIP91 activates and rejects blocks not signalling Segwit.
3. Segwit (BIP141) lock-in period starts (95%).
4. Segwit gets activated.
Lock in around August 8, activation around August 23.
https://www.xbt.euhttps://coin.dance/blockshttp://segwit.co