Sentences with phrase «activated soft fork»

In contrast to user - activated soft fork, BIP 91 is a miner - activated soft fork, which will activate SegWit, a transaction malleability fix and scaling solution developed by the Bitcoin Core development team at an 80 percent activation threshold, as listed on the SegWit2x proposal.

Cointelegraph The call to raise a bounty for the development of a code that would enable a safe User Activated Soft Fork has raised -LSB-...]

Bitcoin users can block covert use of AsicBoost with a user - activated soft fork (UASF), which effectively forces miners to pick one of two options: miners would have to either activate Segregated Witness, or they would have to include something in their blocks that doesn't actually do anything — except block AsicBoost.

In order to activate Lightning in the bitcoin ecosystem, SegWit had to be activated via a User Activated Soft Fork (UASF) which required more than 90 % of the network to agree on the protocol upgrade.

The first game was the user - activated soft fork (UASF).

As SegWit2x gains over 80 % hash rate support, a developer has pronounced the Bitcoin user - activated soft fork (UASF) «dead.»

Charlie Lee, Litecoin's creator, retweeted accusations from user - activated soft fork supporter shaolinfry on Monday that Wu was behind a deliberate attempt by miners to block the altcoin from activating SegWit.

Bitmain has published a blog post dubbed «UAHF: A contingency plan against UASF (BIP148)» in which the company takes a stance against the User - Activated Soft Fork, a proposal that aims for Bitcoin node users to activate Segregated Witness by force by rejecting any non-SegWit blocks.

Though a Bitcoin scaling agreement was reached at the recent Consensus conference in New York, many companies are increasingly supporting a User - Activated Soft Fork (UASF) as a means to activate SegWit.

But in its later announcement, Bitmain emphasized that the user - activated hard fork (UAHF) was merely a contingency plan for user - activated soft fork (UASF).

Even if it is called a user activated soft fork, in essence, it will be a hard fork.

As a User Activated Soft Fork (UASF), all users that run a BIP 148 node will then start rejecting any and all blocks that do not signal support for SegWit by the «deadline» — or, perhaps more accurately, «ultimatum» — set by BIP 148 users.

August 1st is also the scheduled activation of BIP 148, also known as the User Activated Soft Fork (UASF).

Litecoin creator Charlie Lee has appealed to the community to push through a user - activated soft fork (UASF).

As tensions resulting from Bitcoin Unlimited's growing dominance started to boil over, two further proposals soon emerged that has today taken center stage in the scaling debate: a user - activated soft fork for the «mandatory activation of segwit deployment» as specified in BIP148, and SegWit2x.

Bitcoin News today — As we approach 1 August and the implementation of BIP91 scaling solution, it appears that Bitcoiners are fearful of what might just happen in terms of a UASF (User Activated Soft Fork) and the possibility of creating Bitcoin Cash.

A closely related topic is BIP148, the user activated soft fork (UASF) scheduled to activate SegWit on August 1.

Eventually, some of core supporters came up with the idea of a UASF (User Activated Soft Fork), called BIP 148.

Bitcoin Improvement Proposal (BIP) 148 is a user activated soft fork, i.e. a soft fork that has been activated by the users.

A User Activated Soft Fork (UASF) is a more sophisticated soft fork and it is a controversial idea that explores how a blockchain might add an upgrade that is not directly supported by those who provide the network's hashing power.

They also had to fork project due to the upcoming User Activated Soft Fork (UASF), which was set to occur and it did on August 1.

Despite the scaling solution receiving its equal rap of criticism, it is being suggested that a so - called user - activated soft fork (UASF) may be the safest and most popular way to provide an end to the deadlock.

Antpool, one of the largest mining pools, signals for Bitcoin Unlimited however, the Bitmain CEO is firmly against a «User Activated Soft Fork» as it will split split the blockchain and create 2 or 3 kinds of Bitcoin if majority miners vote «no».

On June 14, Bitmain released an official blog post entitled «A contingency plan against UASF,» which laid out the company's plan to force the execution of a hard fork with Segwit activates through a user - activated soft fork (UASF).

Bitcoin core developer Greg Maxwell has newly outlined why he «does not support» a user - activated soft fork (UASF) as it figures in BIP 148.

BIP 148 seeks to enact a user - activated soft fork (UASF) which would find node operators upgrading to SegWit.

Unfortunately, SegWit did not get the necessary support from miners which led the «User - Activated Soft Fork» or UASF, a fork that aimed to compel miners into signaling approval for SegWit, by rejecting blocks that did not contain this signal.

Suggestions were put forward from a divided community for either a hard fork or a User Activated Soft Fork.

GDAX is reffering to the August 1 deadline for the BIP148 User Activated Soft Fork (UASF), because of which tensions are high and prices of bitcoin and other cyrptocurrencies have already started declining rapidly in anticipation of a major market disruption.

Also on same date User Activated Soft Fork (UASF) will get activated.

Bitcoin Cash is the realization of the «User Activated Hard Fork» (UAHF) that was first announced as Bitmain's contingency plan in case of a chain - split caused by the BIP148 user activated soft fork (UASF)-- although the mining hardware producer has sent out mixed signals about the project since.

Currently, there are multiple new bitcoin implementations being tested and the possibility of Segwit2x, a user activated soft fork (UASF), and a user activated hard fork (UAHF) being deployed.

Today is a momentous day for Bitcoin — the day that the UASF, User Activated Soft Fork, activated.

A Bitcoin developer, Shaolinfry, proposed a user - activated soft fork (UASF) so that users could set a deadline for enforcing the new rules instead of having the miners activate the soft fork.

a user - activated soft fork (UASF) so that users could set a deadline for enforcing the new rules instead of having the miners activate the soft fork.

At that point it was referred to as Bitmain's «contingency plan,» which the hardware manufacturer would launch in case the BIP 148 user - activated soft fork took off.

While Bitmain has now thrown its support behind the SegWit2x proposal, some Bitcoin Core contributors have drawn a line in the sand with their support of BIP 148, which is an attempted user - activated soft fork of Segregated Witness (SegWit).

Bitcoin Core's original roadmap, the Segwit2x plan and users rallying around a change known as a «user - activated soft fork» (UASF), all call for the upgrade.

A segment of all Bitcoin users is committed to activate a user activated soft fork (UASF) as described in Bitcoin Improvement Proposal 148 (BIP 148).

Tension is ratcheting up as the August 1 deadline for the BIP148 User Activated Soft Fork (UASF) approaches.

The concept of a UASF is actually even more straightforward than a hash power activated soft fork.

The pseudonymous developer «Shaolinfry,» who had previously contributed to Litecoin, dropped a new proposal in the Bitcoin development mailing list and the popular bitcointalk.org forum: a «user activated soft fork» or «UASF.»

At one end of the fence there is Bitcoin Improvement Proposal 148 (BIP148), a user activated soft fork...

Bitcoin Improvement Proposal (BIP) 148, the much - discussed user - activated soft fork (UASF) activated at block 478,484 on the bitcoin blockchain, though its code changes were superceded by another proposal designed to disable it.

Who Supports UASF Lately, there has been a lot of talk regarding the possible activation of a User Activated Soft Fork (UASF) in order to implement the SegWit proposal without the need to reach miner consensus.

By April of 2017, this attitude led Litecoin creator Charlie Lee to advocate for a user activated soft fork on «his» coin.

Instead of hash power activation, a user activated soft fork would have a ««flag day activation» where nodes begin enforcement at a predetermined time in the future.»

A user - activated soft fork (UASF) is a controversial idea that explores how a blockchain might add an upgrade that is not directly supported by those who provide the network's hashing power.

Tension is ratcheting up as the August 1 deadline for the BIP148 User Activated Soft Fork (UASF) approaches.

Compared to hash power activated soft forks, UASFs introduce two increased risks.