BIP109 unnecessarily splits the mining in a 25% vs 75% split.Incidentally, this is why you should not use Segregated Witness for your transactions.
I see something like FT plus the bitpay size proposal as the most technically sensible option.But if we want to talk about percentages, tests are much harder to maintain.Completely understandable, and a real-world example of how the Core devs are driving real bussinesses (and business) away from Bitcoin.
My mushroom growing experience started many years ago when I learned how at the work college. Bitcoin.com does not endorse nor. Businesses Including Mining.
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To that note, in my opinion you should do everything you can to block SegWit.Secondly in the case of your proposal 51% of the miner can actually do this without destabilizing the network so it is pretty much undetectable.
We are still investigating where the extra 3% gain came from, but at this point we suspect the other pool was rejecting 3% more shares than the Bitcoin.com pool.It was also rife with personal attacks (mostly directed to Luke-jr, he was never a likable person).
Hash per hash, they were paid about 6% more from the Bitcoin.com pool than the other major pool.As such, it is more resistant to wild inflation and corrupt banks.Block explorers are likely to be one of the most noticeable losses - as soon as the first Segregated Witness transaction is mined, many explorers would go offline.
I think it is entirely possible that the momentum created when your pool goes live could cause a real snowball effect for big blockers.Once implemented in NBitcoin, adding Segregated Witness to my block explorer was just a matter of updating the relevant package and redeploying it.I think that zero-fee pools are part of the reason why mining is so centralized.There are at least two other competing implementations (BIP 12 and BIP 17).It also cuts out pretty much all stakeholders from having any say, seriously centralizing protocol governance.People who ran Classic nodes (including myself) are switching to Unlimited (which does not enforce BIP109).
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Segregated Witness encoded transactions appear to be spendable by different people than they actually are spendable by.Unless you measure over a long period (over a week), variance will be all over the place.NBitcoin library dev Nicolas Dorier, who actually wrote a Segregated Witness compatible block explorer, thinks otherwise.Currently we have 17.5 Peta hashes mining on our pool, or about 0.9% of the global hash rate.
It will move a lot of production code and libraries from a state of unmaintained-but-working to unmaintained-and-not-working.I would say it took a little more than two or three days for NBitcoin support.
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No one knows but us exactly how much hash rate is on our pool at any one moment, so for now, you will just have to take my word for it.
Even if you think that Segregated Witness will be successful, you can still sell out your bitcoins on the non-SegWit chain.Secondly SN will still parse OT command (e.g it will not ignore them and it is still considered to determine whether ST command is valid).Trusting miner where trust is not necessary will exactly be the downfall of Bitcoin.If you are interested in having your own AMA, please message the mods and let us know.Saving Screens is available for members only. Please register and / or login to save this screen Login.
ONs will not be able to parse ST because it is non-standard (except when it is inside a block, which is why it is crucial that miner upgrades first).Home of free and open Bitcoin discussion, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin industry leaders.If you upgrade to a Segregated Witness version, your change will be lost on the fork.
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New functionality should be added by introducing new opcodes.
Whilst I would very much like a while knight in shining armor to come and save the day at the last minute, you have to wake up and smell the coffee.
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Flagging BIP109 is at worst harmless and BU also allows us to display our preferred blocksize.FT introduces a new transaction format and everyone still need to be able to parse this new information correctly to be able to take advantage of it.
Bitcoin.com mining pool now has ~1% of the global hash
I get the impression that you have only read one side of the discussion on SegWit before stepping in the ring here.This is one of the many reasons why we plan to not use SegWit transactions for our business.