The Bitcoin Cash fork has the Emergency Difficulty Adjustment logic as they knew they were going to be a minority chain. This time neither the Segwit2x fork or the Core fork is going to have anything like this so I don't think there will be any comparison. This is a new experience.

I'm sure we can agree that the fork with the highest hash power will be paying rewards out more frequently. However the unknown quantity here is how much those rewards will be worth in Fiat (say $$) and this will remain unknown until probably right up to the closing days. None of the large exchanges have yet formally confirmed how they'll be handling this fork or if the minority chain (whichever it is) will be tradeable. We might not see this until the hours or the day after the event.

As a final note I know they have bills to pay but a Miner which prefers rewards in Bitcoin over Fiat is always going to command more respect because it shows they have faith in the network they are giving the hash power to.


Bitcoin is resistant to control and if it wasn't there wouldn't have been so many years of debate, round tables, publicity campaigns and general toxicity. Besides, I don't think "core" is all that centralised anyway and many developers outside of the vocal few don't ultimately care if the blocksize cap is 1Mb or 2Mb.
I don't disagree this is about control but I would suggest it's easier to control a restricted and congested network than it is one with capacity to expand.

You paint a black and white choice between 8Mb blocks and Segwit but this doesn't exist. Some people want to see Segwit implemented and would also like to see 2Mb blocks and that's what happening now.

Segwit was never a blocksize increase. It was a transaction malleability fix with a blocksize benefit and even now weeks after activating the "real" blocksize (inc. witness data) is very rarely making it over 1.1Mb  You might want to point out that's with low adoption and you'd be right as that seems to be holding around 7% at the moment but if segwit was the awesome solution "everyone" wanted then why isn't it 50% ? Maybe the rest of the community/network doesn't really care about segwit after all.

Just wanted to add my voice since I don't really post here anymore after migrating to reddit.

The Segwit2x fork has been agreed with the miners and still has massive support with > 95% of all blocks tagged as Segwit2x.

Only a small number of companies have explicitly said they will not support Segwit2x and mostly these are Blockstream owned or have caved in to pressure from the Twitter fake account NO2X campaign.

There are some companies the NO2X crowd are claiming as on their side when all they have done is express reservations about the lack of replay protection. Which frankly I don't think should be added, this isn't a fork to create a new coin. This is a fork to enforce an agreed protocol change. A form of replay protection has just been merged so it will be interesting what these companies say now.
Example : https://np.reddit.com/r/Bitcoin/comments/740son/nya_signer_uk_company_crypto_facilities_pulls/

The vast majority of all companies in the Bitcoin space have stayed silent and are sticking by long established statements that they will be following the "longest chain". That's the longest chain of whatever is agreed to be "Bitcoin" and in roughly 6 weeks time that may have 2Mb blocks.

Are all the core developers going to quit because of this ? No, they have jobs and careers established and most won't be going anywhere so they will just start working on an implementation which in compatible with Segwit2x and which also brings in the changes they want to see introduced. This could be the segwit2x code base or it could be a branch from the core code.

The minority of very very vocal developers who are against this may decide to leave the community but this may be because they have taken very strong stances which they don't feel they can back down from. If this is the case then I don't see this as a big loss. If you can't be pragmatic in a community project and accept "your" grand idea might not have made the final cut then the community is probably better off without you.

Certain people within the NO2X crowd (inc. developers) have talked about a change to the POW algo. or switching to Proof of Stake.  This is up to them but in my opinion this is an even bigger change than amending a blocksize cap and anything new implementation with those changes won't be Bitcoin.  With one or two exceptions I think this is a bluff anyway.

This is the first real test if the mining consensus designed into Bitcoin from the start will actually work and I can't help but think that Satoshi (whoever they are) are watching this on the edge of their seat with a big bucket of popcorn. That'd better be good popcorn because it's been really hard watching this drag on for so many years.

Patience though, not long now !

NOT a newly created account here, every inch a bigger blocks supporter.

I'm happy to support BU since they look to be the best chance at bigger blocks this year.  I was happy to support the simple short term fix that was Classic but BU is so much better as after it goes live the blocksize is "fixed" for good and we don't have to come back to this god awful debate in another couple of years.

Also I'm sick of SW being touted as this magical 2.1Mb fix. A "effective" 2.1Mb blocksize is only an estimate and only if all transactions convert to the new transaction format. That could take years.  This "effective blocksize" estimate has varied too, I'm sure it was 1.7Mb at one point.

I'm not interested in the war, more thoughts on the current "issues" being discussed in a more open forum.

Also consider that in that reddit sub there are alot of potential future bitcoin users.

You really didn't read it did you ?

This is the r/technology sub (no affiliation to classic/core/xt) with it's 5mill subscribed user base.

The current top voted post is this :

Anyone else watching this unfold ?

https://np.reddit.com/r/technology/comments/48rac0/bitcoins_nightmare_scenario_has_come_to_pass/

Whoops, forgot to link the research.

http://coinjournal.net/ponzi-accusations-fly-as-banxshares-is-set-to-be-removed-from-coinmarketcap-rankings/

Not interested but just wanted to commend the excellent research and I've sent you a tip.

The single greatest sign of any ponzi scheme is that nobody can cash out.

Ok I'm bored....

I did a dry run last week and £100 took 3 days (with a £5 fee).

Just sold some bitcoin to cover a holiday, moon in 3, 2, 1.....

On a serious note I'm splitting the budget between a withdrawal from Bitstamp via SEPA and Neteller to see which is more cost-efficient.
The account I'm withdrawing to is GBP.

Bets are on the winner being be Neteller for cost.
Bitstamp may win on convenience though since Neteller have a daily deposit limit of £300 and I'm having to split my deposit over two days.

Strangely hypnotic and very surreal

I had hoped so.... even had what I thought was a sound reasoning but after over a week it doesn't appear to be.

It looks to be living in it's own little world.

Well far be it for me to annoy the forum Gods but that's pretty crap then.

Meh true, VPN and Tor off the top of my head.

Clearly letting the trolls get to me.
I should clearly be ignoring their selfie porn posts.

Edit : On a serious note what happened to having to post in the Newbie group and having to wait a week ?

Can this asshole who keeps posting porn be IP blocked please ?

Who does this need escalating to ?

I would report this myself but clicking Ignore takes away the report button.

Some of us have jobs and are at WORK.... dick.

Also apparently a beard with a man attached.



Plus who submits a ball pool pic for the company profile ?



Edit : Maybe he did it to annoy this guy

The tumbleweed is strong here.... hopefully we can clear it out soon.