Bip 148 uasf

May 29, 2017 · If you don’t know what it is, the supporters of a User-Activated Soft Fork (UASF) have an informative website and if you’re technical, you can read the Bitcoin Improvement Proposal (BIP-148). I

A UASF requires a lot of industry support and coordination, which is good practice for eventual hard forks which requires even more industry coordination. In the past, a UASF was successfully carried out to activate the P2SH soft fork (BIP16). 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.

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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. BIP148 is a kind of UASF.

The UASF concept was combined with SegWit activation in the BIP148 proposal which can be found here: github.com/bitcoin/bips/blob/master/bip-0148. mediawiki

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BIP 148 after all the myths and hysteria of a highly emotional and irrational space is at the end of it simply user leverage and hype to force the miners into a MASF, which maintains Bitcoin’s roots and tradition of Miner Activated Soft Forks while also denying the Bitcoin user and developer community an UASF precedent, which in itself is

SegWit enjoys broad support from many influential sectors in the Bitcoin community. Block size increases without SegWit activation seem to be less popular. Regardless of the support that there is for either solution, markets reacted swiftly to the Bitmain BIP148 UASF contingency plan.

Now, after Nov. 15th, even the BIP- UASF BIP148 needs your help with “Users: Upgrade your node to support the BIP 148 soft fork”. Join UASF BIP148 and 476 supporters today. Join UASF BIP148 and 476 supporters today.

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. BIP 148 / UASF needs miners - here's what you can do ckpool.org is a new pool with SPLNS shared payout structure. 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. The untold story of Bitcoin’s historic 2017 year-run lies in Bitcoin Improvement Proposal (BIP) 148, or User-Activated Soft Fork (UASF). The year Bitcoin Unlimited died is the same year Bitcoin Cash was born, both bastard children in my opinion, and both unsurprisingly originate from the same main proponents.

While UASF is a generic term, BIP 148 is the name of a specific UASF proposal that sought the activation of the SegWit update in Bitcoin. BIP stands for Bitcoin Improvement Proposal. As for SegWit, it is an important Bitcoin update that needs a separate article – you can read about it here. The success of BIP 148 and its implementation of SegWit, however, is dependent on the bitcoin community and miners in particular. You may have seen the acronym “UASF” which stands for User The untold story of Bitcoin’s historic 2017 year-run lies in Bitcoin Improvement Proposal (BIP) 148, or User-Activated Soft Fork (UASF).

There is a chance Bitcoin will experience BIP 148 (aka UASF-User activated soft fork): BIP 148 is another user activated soft-fork SegWit solution that was proposed in March 2017 by a mysterious author named Shaolin Fry. It 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 bitcoin miners to 31/05/2017 The BIP 148 UASF approach. The UASF (BIP 148) approach to achieving a chain where 100% of blocks signal support for Segwit is relatively straight forward. On August 1st and if Segwit itself is not UASF stands for User Activated Soft Fork. It’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. A UASF requires a lot of industry support and coordination, which is good practice for eventual hard forks which requires even more industry coordination.

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% commitment to the accord’s terms and plan to endorse updates described in the agreement. UASF: User-activated soft fork. A soft fork triggered by users deciding amongst themselves that they will change the consensus rules via a soft fork. BIP148: Bitcoin Improvement Proposal 148. A proposal to use a soft fork on the 1st of August to activate Segwit without reaching the 95% miner signalling rate. Jun 02, 2017 · On Aug. 1, 2017, BIP 148 (aka UASF - User Activated Soft Fork) will take effect on the bitcoin network to activate Segwit Which subsequent token will have a higher value on Aug. 5, 2017, 1:00 PM EST ?

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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

Yet, the move is interesting because of Segwit2x’s popularity and the recent commitment You can read more about UASF and BIP 148/149 on Jimmys blog https://medium.com/@jimmysong/uasf-bip148-scenarios-and-game-theory-9530336d953e source BIP 148 #UASF Unisex T-Shirt $ 27.50 – $ 31.50. Size: Clear: Quantity Qty. Add to cart. Description ; Additional information ; Reviews 0; Size Chart ; Hat’s aren’t the only way to celebrate this monumental day in Bitcoin history. • 100% ring-spun cotton • Sport Grey is 90% ring-spun cotton, 10% polyester • Dark Heather is 65% polyester, 35% cotton • 4.5 oz/y² (153 g/m²) • Pre La société Bitmain a publié hier un plan de contre-offensive en réponse au BIP 148. Improprement appelé User Activated Hard Fork, le plan prévoit le déclenchement d’un « hard fork » au 1er août en même temps que le BIP 148 si l’ UASF divise la blockchain. BIP148 – UASF on August 1st.