Bitcoin & Markets

E25: SegWit, Attacks, and Wikileaks

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Sinopse

Bits and Pieces SEGWIT Drama Part 1) ViaBTC Standoff This mining pool has taken a political stance against scaling bitcoin, and is blocking any attempt at a soft fork to SegWit. They had 168 Phs and about 10% of blocks. And being that Segwit needs 95% of blocks, they can currently block activation. ‘We don’t negotiate with terrorists.’ The political aims of these hard forks are crazy obvious. They cried about scaling, scaling, scaling. Then they get their scaling and malleability fix to enable more scaling, and they block it. The position has changed from scaling to hard fork now now now. The finer points they just gloss over, saying stuff like they have a different fix for malleability etc. but we see what happens when you let a small untested group of developers try to program for a project like this, you get ethereum. Anyway, this is an on-going story, and may take a couple of months to work itself out. Part 2) June was a big month Anonymous investor of ViaBTC in June. Reports are that it’s