Tuesday, 31 January 2017

prediction: Segwit will get hashrate bump on bitcoin once litecoin activates it


litecoin is a smaller network so it is much eaier to soft/hard fork. I imagine that what is going to happen is litecoin will rise % in value compared to other crypto once segwit is activated and this will give a signal to miners to start signalling segwith for increased monetary returns. I still don't see how segwit will ever get 95% of mining hashrate if there are already "other" pools greater than 15% of the network. anyone care to elaborate? I know variance is a thing but does that mean maybe 90% might be able to activate if they get lucky? via /r/Bitcoin http://bit.ly/2jR8yrG

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