"BIP-91 lock-in does not guarantee segwit will be activated unless BIP-91 is actually enforced" - Peter Todd by karth

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btc · @karth · Jul 21 '17 (edited)

"BIP-91 lock-in does not guarantee segwit will be activated unless BIP-91 is actually enforced" - Peter Todd

Quoted from reddit: 
"BIP-91 lock-in does not guarantee segwit will be activated unless BIP-91 is actually enforced.

Soft-forks are ultimately enforced by users, not miners, and right now practically no users are running BIP-91 enforcing nodes like segsignal. So a majority of miners can reneg on BIP-91, fail to activate segwit, and get away without any long-term consequences because the BIP-91 invalid blocks they would be producing are considered to be perfectly valid by the vast majority of users' nodes.

Will this happen? It's notable that even though BIP-91 just activated - something which is supposed to signal clear intent to activate segwit - a bit less than a majority of miners are actually signaling segwit. While no smoking gun, it's a sign that we may be in a situation where a majority of miners do not intend to actually activate segwit.

I don't think this is the most likely outcome - there's other pressures like social that probably would serve to enforce BIP-91 - but I'd give it significant odds of happening. Maybe 25%?" - Peter Todd

**What are you thoughts on this?** I'm a little confused because everyone I've talked to says if it's locked in then it's going to be unlikely to fail as nobody wants to be the one pool that does a 180

👍 cheetah, karth, whiteshadow

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@cheetah · Jul 21 '17

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://github.com/btc1/bitcoin/pull/6

👍 karth

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@rolarkbeatsmag · Aug 1 '17

$0.05

Excellent write!

👍 karth, earilerre, thernwebscallo, chanreletim, critekanro, glycwheelreede, vesfvitido, tangketvele, millcutenru, vocompery, tragtivemor, atpretajon, gastmicsandming, comhaphyges, quiniggnalga, exfredzirnpon, lorbageasi, critnighmidirt, hochitecom

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@steemitboard · Aug 6 '17

$0.03

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👍 karth

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@steemitboard · Aug 10 '17

Congratulations @karth! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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