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RE: SegWit2x: Chinese Mining Pool Giants Have Taken Their Stance on Bitcoin
Its just a huge mess.
You said it and it is! To me it looks like Bitmain is trying to hijack Bitcoin and it isn't looking good. It's a tough spot to be in because Bitmain with their ASIC miners have done wonders for bitcoin but they kept their ASICBoost a secret and it doesn't work with SegWit so that's why they're against it. If it does fork we should just call their fork 'CHINACOIN' because that's all it will really be.
If we could have just implemented SegWit to begin with we wouldn't need the UASF. Glad to hear you're on the UASF side. :)
Cheers @sflaherty
What we have here is a few mistakes in Bitcoin that the miners are trying to call a weak link to force a way in to take on over. They believe because the network has relied on them that they are the be all end all...this sadly stems from Bitcoin Core not taking charge almost 2 years ago from taking action....almost think a blackmail game is going on between the two behind the scenes. UASF to me seems to only logical way to go, even for the miners to create a user friendly transaction lowering and backlog fix. If I was Bitcoin and the miners won't go for it, let them have their own coin and we go on after the split. I sure won't side with Bitmain, I own their miners lol but I can't even afford the elec cost to run them with the up and down stuff in prices due to them in the first place. One option, shut her down....strike a new coin that is minerless lol....we know it can be done but then again that is a huge risk to undertake at this stage. UASF is key to giving it back to the users, if we don't go there, then start picking a new coin...just hope not ETH I do not like the banks involved in that one. All I know is I am here for the movement, fix the central bank issues in this world, we need one of these to take up that movement again or we are all doomed anyways.