Bip 148 uasf

237

01/06/2017

The BIP (still without any number) recommends an User-Activated Soft Fork or USAF on August 1 st (as with BIP 148) and a hard-fork to 2MB six months after. 2017 Scaling Agreement. The assumption is those who signed Consensus 2017 Scaling Agreement have 100% 01/08/2020 In case of the BIP 148 UASF, it is a bit hard to say what “after the chain-split” actually means. If the UASF BTC chain gets more accumulated proof of work, it should be the only chain to survive, and the split would be over.

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Simply speaking on August 1 , 2017 all the blocks who want to support this proposal will start orphaning blocks that are not signalining bit 1 for segwit. Means chain will split. So there will be two chains now : a chain of blocks having all BIP 148 is an interesting take on a UASF because it is actually designed to trigger the existing BIP 9 SegWit-activation threshold. “If you want to redeploy SegWit, you must wait for the current deployment to expire by November of this year because many Bitcoin nodes won’t accept it … 01/06/2017 BIP 148 (UASF) and Segwit2X compatibility.

Bitcoin Improvement Proposal (BIP) 148 is a User Activated Soft Fork (UASF) that requires that miners signal for Segregated Witness (SegWit). SegWit readiness is signalled by miners by setting the version number of blocks mined.

Lasting impact In the end, BIP 148 was sidestepped by BIP-148 is a UASF that is designed to cause the existing SegWit MASF (Miner Activated Soft Fork) deployment to cause activation in all existing SegWit capable node software (which represents 80% of network nodes). How Does BIP-148 Work? After August 1, miners are required to signal readiness for SegWit by creating blocks with the version bit 1. Jun 15, 2017 · A significant portion of all Bitcoin users are committed to activate a user activated soft fork (UASF) as described in Bitcoin Improvement Proposal 148 (BIP 148).

Bip 148 uasf

Mar 27, 2017 Bitfury is reported is to have mined a block supporting the BIP 148 proposal, effectively signalling a user-activated softfork (UASF) for SegWit.

Bip 148 uasf

May 23, 2017 · BIP 148 is an interesting take on a UASF because it is actually designed to trigger the existing BIP 9 SegWit-activation threshold.

Bip 148 uasf

But if that doesn’t happen fast, and even if the Legacy BTC chain appears non-active, a chain-split could, at Supporting BIP-148, then means that their users can buy and sell the BIP-148 coin should it happen. Note this does not preclude supporting the other chain! In fact, it’s very much in the interest of the exchanges and even UASF advocates for the exchange to support the other chain as many will want to trade one chain’s coin for the other. Q&A for Bitcoin crypto-currency enthusiasts.

Original chain: The blockchain that uses the same consensus rules in use today. (May 26th, 2017) Wipe Out: If the UASF chain is activated and if the UASF chain gains the majority hash rate, then the nodes following the original chain will reorganize and begin to follow the UASF chain. In such an event, a significant BIP 148 is a user-activated soft fork (UASF) in bitcoin that enforces the use of the Segregated Witness or SegWit protocol, which is a change that deals with a bitcoin block size problem by separating the digital signature from the original section of the block. As a soft fork, BIP 148 does not inherently split the network. BIP 148 requires Jun 26, 2017 · UASF chain — 100% of blocks signalling for Segwit.

Jun 01, 2017 · Although block support for Bitcoin Unlimited and SegWit remains largely unchanged over the past few weeks, UASF/BIP 148 has grown in support among nodes. Even with the Silbert agreement, UASF Jul 13, 2017 · Think of BIP 148 as the fuse, and UASF as the bomb. The only way to “defuse the bomb” is for a majority of Bitcoin miners (by hash power) to signal their support for SegWit. Remember that Apr 13, 2017 · Additionally, BIP 148 hasn’t received much help from the Bitcoin development community on both sides of the scaling debate. Right now there is a lot of chatter throughout social media concerning UASF but it’s clear there isn’t much support coming from the economic majority of nodes or bitcoin’s mining sector, at least for now. User-Activated Soft Fork: A user-activated soft fork (UASF) is a specific kind of divergence in a bitcoin or cryptocurrency chain.

Bip 148 uasf

BIP-148 (UASF) does not have this protection and will most likely result in a chain split (unless a majority of the hashrate supports it). A chain split in turn will suffer from decreased hashrate, increased block times, increased hash rate attacks, increased orphan rates, PoW change and a price crash. level 2 This BIP will be active between midnight August 1st 2017 (epoch time 1501545600) and midnight November 15th 2017 (epoch time 1510704000) if the existing segwit deployment is not locked-in or activated before epoch time 1501545600. This BIP will cease to be active when segwit is locked-in. Info on BIP 148 UASF - The Bitcoin FORK - August 1st A large group of Bitcoin users plan to initiate a user activated soft fork (UASF) they are pushing for a Bitcoin Mining Insights 3-Year Anniversary of the BIP148 UASF A quick history lesson on SegWit activation, the Bitcoin scaling debate, and who really is in control of Bitcoin’s future (miners vs.

I Jul 17, 2017 · Explaining compatibility between the Segwit activation of the current Segwit2X code and BIP 148 UASF is the meat of this weeks episode, so if this isn’t your bag, or you’re NOT curious, well… As of August 1st (and if Segwit is not already either locked-in or activated) nodes that run BIP 148 will not accept any blocks that don’t signal Jun 14, 2017 · BIP148 is a kind of UASF. Original chain: The blockchain that uses the same consensus rules in use today. (May 26th, 2017) Wipe Out: If the UASF chain is activated and if the UASF chain gains the majority hash rate, then the nodes following the original chain will reorganize and begin to follow the UASF chain.

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May 31, 2017 A segment of all Bitcoin users plans to activate a user activated soft fork (UASF) as described in Bitcoin Improvement Proposal 148 (BIP 148).

If the UASF BTC chain gets more accumulated proof of work, it should be the only chain to survive, and the split would be over. All UASF BTC would then simply be bitcoins (BTC) again. But if that doesn’t happen fast, and even if the UASF BTC chain appears non-active, a chain-split could, at A controversial scaling proposal activated on bitcoin last night, though it happened quietly. Bitcoin Improvement Proposal (BIP) 148, the much-discussed user-activated soft fork (UASF) activated at 26/05/2017 The time duration for the BIP-148 UASF is from August 1st to November 15th.

Jul 7, 2018 Shaolin Fry, one of many Bitcoin developers, introduced BIP-148 in March 2017 on Github as a User-Activated Soft Fork in an effort to force 

Simply speaking on August 1 , 2017 all the blocks who want to support this proposal will start orphaning blocks that are not signalining bit 1 for segwit. May 23, 2017 · BIP 148 is an interesting take on a UASF because it is actually designed to trigger the existing BIP 9 SegWit-activation threshold. “If you want to redeploy SegWit, you must wait for the current deployment to expire by November of this year because many Bitcoin nodes won’t accept it otherwise,” Shaolinfry explained. Ck the renown pool operator has said on bitcointalk.org, if we can get a couple Petahash worth he will convert it to a BIP 148 pool. This is how you - the "U" in UASF - do your part: fire up your miners, obsolete or not, and aim them at this pool. Jul 19, 2017 · Bitcoin UASF BIP 148.

If the 148 BTC chain gets more gathered proof of work, it should be the only chain to survive, and the split would be over. All 148 BTC would then simply be bitcoins (BTC) again.