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
author | karth |
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permlink | bip-91-lock-in-does-not-guarantee-segwit-will-be-activated-unless-bip-91-is-actually-enforced-peter-todd |
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author | cheetah |
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Excellent write!
author | rolarkbeatsmag |
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permlink | re-karth-bip-91-lock-in-does-not-guarantee-segwit-will-be-activated-unless-bip-91-is-actually-enforced-peter-todd-20170801t225453933z |
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author | steemitboard |
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Congratulations @karth! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@karth) Award for the number of comments [](http://steemitboard.com/@karth) Award for the number of upvotes received Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
author | steemitboard |
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permlink | steemitboard-notify-karth-20170810t101223000z |
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