Quote from: eckmar on November 01, 2017, 10:03:50 AM

Quote from: Terraformer on November 01, 2017, 06:06:43 AM

"If that occurs, Bitpays services will follow the chain with the most accumulated difficulty."

And that basically means they will support Segwit2x after the fork, because like it or not, Segwit2x chain will have the support of majority of miners.

Why are you so certain that the segwit 2x chain will have the majority of miner support? 8 mb would mean more transactions in one block so more revenue for the miners. Is this a valid reason why they would support 2x over the legacy chain? Could you pleas elaborate and if possible share some information that I'm missing?

Quote from: Carlton Banks on November 01, 2017, 02:02:14 PM

Quote from: Lancusters on November 01, 2017, 01:29:49 PM

It seems to me that segwit2x is a logical upgrade bitcoin. Don't understand what the problem is.

Explain why this is logical:

1. Increasing the blocksize limit to 4MB in September
2. Blocksize averages between 0.9 MB and 1.1 MB after that (and still does today)
3. Increasing the blocksize limit to 8MB less than 2 months later

That's the "logic" of the Segwit2x "upgrade" right there for you

Agreed. I feel like it's too much too quickly. We will need 8 mb blocks at some point but this time around it feels way to rushed and it feels more like a coup than an actual upgrade to the network and ecosystem. Whatever the market, miner and nodes decide in 10 days, I just hope we will make the right decision for the network, community and ecosystem.

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