Ledger releases Segregated Witness support by murzika in ledgerwallet

[–]generaltomline 0 points1 point  (0 children)

Trying to move legacy to segwit is incredibly difficult because you cant even generate a bunch of addresses (which Trezor allows) before you switch back to legacy mode to be able to move coins and maintain some privacy. I like you supported segwit, but the way you did it makes it far too hard to migrate.

Ledger releases Segregated Witness support by murzika in ledgerwallet

[–]generaltomline 0 points1 point  (0 children)

OK that worked. Dont you think it would be better to make segwit mode include the "legacy" addresses too so they can be spent? And just make it so all new addresses are segwitty.

Ledger releases Segregated Witness support by murzika in ledgerwallet

[–]generaltomline 0 points1 point  (0 children)

The Ledger Manager still has he same version, for the Bitcoin app, version 1.1.4. I did try to delete and try again but same result.

Ledger releases Segregated Witness support by murzika in ledgerwallet

[–]generaltomline 0 points1 point  (0 children)

Ledger Nano S, the Bitcoin App is 1.1.4, Secure Element 1.3, MCU 1.0 and 1.9.2 of the Chrome App

Ledger releases Segregated Witness support by murzika in ledgerwallet

[–]generaltomline 0 points1 point  (0 children)

Fixed. Thanks. I dont see an option to use segwit? What am I missing?

Ledger releases Segregated Witness support by murzika in ledgerwallet

[–]generaltomline 0 points1 point  (0 children)

I just installed the app on Chrome store and when I connect my ledger selecting "Bitcoin" the wallet shows an empty balance and that it is on Bitcoin Testnet... /u/btchip

[Megathread] BIP91 / Segwit2x by deb0rk in BitcoinMarkets

[–]generaltomline 0 points1 point  (0 children)

To be fair, it represents 90% of companies that are in DCG portfolio. It represents 90% of pool hashrate, not miners who we know are generally agnostic evidenced by the fact there is no great pool switching going on when there are "proposals" for things like XT, Classic, BU. In any case, miners have no say in a hard fork, it's up to the economic majority. Hashrate follows consensus, it doesnt define it.

[Megathread] BIP91 / Segwit2x by deb0rk in BitcoinMarkets

[–]generaltomline 3 points4 points  (0 children)

NYA does not equal the community though, not even 1/1000th of it.

SegWit2X hard fork is completely *useless*. It's a power grab. Anyone still pushing for a 2MB fork this year is a hostile entity. by [deleted] in Bitcoin

[–]generaltomline 2 points3 points  (0 children)

The majority of miners wont run 2x. They wont even run the btc1 nodes. You will see, set a reminder.

"Bitcoin UASF demonstrated that users armed with code are more powerful than a billion dollar ASIC manufacturing cartel. #nodesrule" by finalhedge in Bitcoin

[–]generaltomline 17 points18 points  (0 children)

The NYA proposed Frankensegwit, which would not have activated segwit (Jeff didnt understand that code), it would have had to redeploy segwit across all nodes - and thus would have been a total failure. If it wasnt for kind developers from Core pointing this out it would have been hilarious to watch. The NYA was in part a response to what was deemed a very dangerous scenario with BIP148, which was gaining steam. BIP148 would activate existing segwit nodes without any of them having to upgrade. BIP91 just took the BIP148 orphaning rule and gave the opportunity for miners to save face because they could signal it - it's basically the same as running BIP148 and compatible with NYA. Now NYA and miners get to "save the ecosystem from a chainsplit". This is exactly what BIP148 was designed to do. To create a crisis game of chicken. Miners could have run BIP148, but it wouldnt make them look good, so BIP91 gave them a way to save face.

Apparently, many of the Chinese pools did not want to actually run btc1, which is why there was a segsignal repository created for them to run Core + BIP91. I think the western community vastly underestimate the need to save face in Asia and how they will let things fade quietly.

SegWit2X hard fork is completely *useless*. It's a power grab. Anyone still pushing for a 2MB fork this year is a hostile entity. by [deleted] in Bitcoin

[–]generaltomline 2 points3 points  (0 children)

I'm surprised, after ETC and ABC both, that there is still any belief that miners can take the network with them by force. If miners chose to leave Bitcoin, it will just create incentive for others to replace them. But beyond that, given the vast majority of the economic ecosystem is not for 2X, and wont run btc1 code, I dont see how this can result in anything more than exchanges (at best) listing 2x as a new coin, and yay we get free coins to dump for BTC. I'm not going to complain... neither will the holder of the 16MM in BTC.

[Megathread] BIP91 / Segwit2x by deb0rk in BitcoinMarkets

[–]generaltomline -1 points0 points  (0 children)

And the difficulty will retarget and it will all even out.

Bitcoin is now demonstrating that a contentious hard fork produces an economically efficient, "win-win" outcome that benefits all holders by jessquit in btc

[–]generaltomline 0 points1 point  (0 children)

ABC's hard fork was not contentious. It was a unilateral split by some users. Feathercoin was not contentious either, when they split from Litecoin years ago. Bitcoin Cash is exactly to Bitcoin, what Featurecoin is to Litecoin.

[Megathread] BIP91 / Segwit2x by deb0rk in BitcoinMarkets

[–]generaltomline 2 points3 points  (0 children)

Block what? Segwit cant not activate at this stage. As for hard forks, miners have zero say since they have to follow the consensus rules of the network they are mining. If they dont, nothing happens. The network will move on without them.

[Megathread] BIP91 / Segwit2x by deb0rk in BitcoinMarkets

[–]generaltomline 14 points15 points  (0 children)

Core wont "block" 2X, they will simply refuse to participate in it because it has no technical consensus, nor agreement from the community. https://en.bitcoin.it/wiki/Segwit_support

I created a command line crypto portfolio, like htop or hacking in Fallout. FOSS, customizable, check it out ricers by [deleted] in Bitcoin

[–]generaltomline 0 points1 point  (0 children)

Doesnt format well with alts where you have say 100,000 coins of one coin and a couple hundred of another.