Help understanding scaling debate- BIP91, SegWit, Bip148

Here are some links and such that I, and other users of Sythe, found useful. If you guys have anything to add/opinions, that would greatly help everyone around! I'll update this when I find some new things.

segregated-witness-and-its-impact-on-scalability
BIP91 activation: BIP 91 Has Activated. Here’s What That Means (and What It Does Not)
BIP148 (November): UASF BIP148 Scenarios and Game Theory – Jimmy Song – Medium
Segwit2x: What you need to know about the 2x Hard Fork (aka 2MB non-Segwit Transaction Capacity per…
Jihan Wu on Twitter
John McAfee on Twitter
Bitcoin Cash Starts Trading, Reaches a High of Nearly $900
BTC.TOP Will Mine Bitcoin Cash Based on Price
[ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling

 

I wouldn't call miners the most honest of parties. We shall see.

 

I'm in agreeance. I wouldn't be that surprised if some miners formed a plan to force a situation where a chain split could still be in the conversation. However, I'd need to some evidence first.

 

Jihan just posted this on his Twitter yesterday. Not hard proof, but it just goes to show the mindset of some individuals.

Jihan Wu on Twitter

He still holds animosity towards core, and currently runs about 25% of the BTC hashrate. He loves surrounding himself with other like minded greedy fucks such as Ver, Silbert and McAfee.

Here is McAfee siding with Jihan.

John McAfee on Twitter

Definitely risky times to FOMO into BTC.

Bitcoin Cash Starts Trading, Reaches a High of Nearly $900

 

Jihan is power hungry, so this type of antic doesn't surprise me lol.

McAfee has to be on drugs again lmao. "500K BTC in 3 years or I'll eat my dick on TV".

 

That bet did make me laugh a bit lol.

 

I always enjoy seeing "big" name individuals getting more involved in mainstreaming a crypto.

Rothschilds invested $210K into BTC yesterday, so that can only mean more big names will follow. Big names buying our bags at a premium is so satisfying.

 

BTC.TOP Will Mine Bitcoin Cash Based on Price

[ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling

Interesting reads.

 

BCC seems like such a ponzi to me. Am I wrong in thinking that? If they're going to be mining (BTCTop) based off price, what would make an investor feel secure?

Nonetheless, it gives potential power to the markets I guess.

 

Good reads in here, thanks.

 

I think you're confusing BCC (Bitconnect) which I believe is a ponzi scheme to BCC (Bitcoin Cash). Not sure why they picked identical symbols though.

 

Regarding "Bitcoin Cash", ViaBTC and Bitcoin ABC - blog.bitmain.com

Hashrate Distribution

BTC.com and Antpool alone have 30% hashrate. Bitcoin.com is run by Roger Ver for another 2%. BTC.TOP is a pool that came out of nowhere about a year ago, and has similar views to Jihan about blocksizes although they insist that they have no relationship with Jihan (which I highly doubt since I suspect most of their miners are supplied by Bitmain). They currently have around 15%.

Bitcoin Market Needs Big Blocks, Says Founder of BTC.TOP Mining Pool - CryptoCoinsNews

 

ViaBTC plans to launch Bitcoin alternative, ‘Bitcoin cash,’ on August 1st » Brave New Coin

"Three other exchanges are planning to join ViaBTC in trading the cryptocurrency after the split; OKCoin’s OKEX, Huobi, and one of the world’s three largest Bitcoin exchanges by volume, South Korea’s Bithumb."

The support from these exchanges is absolutely huge as it will give Bitcoin Cash instant access to enormous amounts of liquidity. Interesting to watch this unfold.

 

ETH could sneak in there and FLIPPINNINGGGGG (I can dream)!!!

 

More access to dump it

 

Bitcoin Cash and a Critical Alert for Bitcoin Margin Traders

Bitfinex

Kraken and Bitfinex have announced support for Bitcoin Cash.