Split segwit 2x and high btc $$

in #bitcoin7 years ago

 Dealing with the split of the bitquin 

 BIP91, UASFs, BIP14a8

 Although these things have not previously happened to Betquin, and it  is very undesirable, it is possible to divide the Betquin into two  separate currencies.

Why is this possible? Why split?
All  private Bitquin wallets use special keys called the Brief Key which are  used to open the wallet and move the storekeeper to the store and are  used to transfer ownership as well. Trading Platforms Do not use private keys.

The  split will create another currency of Bitquin, which is cloned from the  original currency in terms of encryption with some modifications that  prevent us from having two currencies on the same code. After the split,  you can not send the original (unmodified) , But you can use your Private Key to open the old and new wallet. You will have two folders on the same key. 

 An analogy example
We  all have an account in the Google site, if someone got a database  (google.com) and created a distinguished site (super-google.com) and  built their site on the Google site database but with some different  features, where we can use the same login data for Google Site (Super-google.com),  but if you receive a message from (mail.google.com), it only appears in  your account at mail.google.com and will not appear in  (mail-super-google.com) And vice versa, as well as for the division of Bitquin You can use the  same key to open the two keys and can not be sent between them.
Anyone can create a split for BitConfig where it only takes a few lines of code changes.

The division occurs in the following cases:
1- The hard-fork process (hardfork)
2 - the operation of SoftFork (UASF softfork), which lacks both the  power of mining at the majority at the time of activation and collective  support and this case is not divided.
3-BIP9 is similar to softfork, where too many minerals are used by SoftFork.

What happens to the protein that I have after the split?
For  example, you have 3 homeowners in your wallet before the split, after  the split you will have 3 PCUn + 3 original PCR rate, but it is very  important if your wallet is not updated to calculate the split you will  not be able to spend one of the currencies, This one is unreasonable if this happens you will not be able to send and convert Bitquin.

Unexpected  value such as split shares or spin-offs, and we all expect a mysterious  value for the biotech after the division may divide the value between  the two currencies means the price is divided on the two currencies and  this is called economic adoption on the value and not based on the Node  or the metal, it may all be chaotic catastrophic Unbelievable which may lead to a crash in the composite value. On the other hand, if the currency of the split is small, things will  not become too chaotic because the minority side can be overly  speculative without affecting the majority side too much, causing the  common value to increase to some extent.

Which side of the divide is real Betcuen?
It depends on a wide range of factors and to some extent be objective. The most important factor is the currency accepted by people, companies, exchange platforms.
If  one currency, for example, is accepted 95% of the economy before the  split and another currency acceptable only 5% of the economy before the  split will prevail and the effect and recognition only for 95% currency  and the second currency of 5% The other is derived from the bitquin and it is noticeable that the mining power is very small here.
Some  may say that both currencies after the division are a true division  created from the Betquin but from my philosophy that only one petcuin  can exist at any one time, that uncertainty is not only a temporary  feature, and at least in hindsight there will be one unbroken path of  the Betquin Satoshi native to the current.

What should I do to secure my Bitquin?
There  are two types of wallets such as Axabo and trading platforms you can  not control and can support the communication and control by them and  knowledge of the balance, and decentralized portfolios such as portfolio  Baluchin or portfolios that have a key private keys and can control and  can not correspond Support in the event of any problem because they can not control it and do not know what the balance or access to it.
If you have a central wallet, this is especially good in case of  division because in the event of any problem after the division in the  portfolio can write and support the support.
If  you have a decentralized portfolio at the time of division, it is bad  for reasons of inability to support. Solve the problem because they do  not have any validity. It is possible to update the portfolio to one  currency system after division. This may cause the currency to lose due  to inefficiency of the wallet or technology. Before you convert your portfolio from your portfolio, you should  follow the wallet news that your currency has to learn to develop the  wallet for two currencies or one currency to know what you need to do.
Before the split or after 12 hours, do not send anything from your currency.
Generally after the split
1- There will be portfolios that support the old currency and ignore the new currency
2 - There will be portfolios that support the new currency and ignore the old
3. There will be portfolios supporting both old and new currencies 

 What (SegWit, SegWitx2, BIP148, UASFs, UAHF) When will it happen?
SegWit
Is a set of changes on Bitquin that increase the mass size of the  maximum coin among other improvements under its initial deployment plan  (BIP141 / BIP9).

UASF
It is the activation of SoftFork, which is a general method of  publishing SoftForex such as Sajweet. UASF has been carried out in the  past by either Satoshi or after.

Unlike  the BIP9 method originally planned for SegWit, UASF does not require  any cooperation in mining. UASF may fail but only through inadequate  economic adoption not through any work by the two minerals. However, the  divisions are more Potentially with UASF than published with BIP9. Especially when holding a UASF on a compressed schedule (for optimal  schizophrenia risk, UASF may be drifting for almost a year to fully  activate it).

BIP148 uses an old mechanism to make changes to Bitquin and calls for  the activation of SoftFork (UASF). It requires about 50% of the mining  ponds to support change. Without this support, BIP148 can activate and  divide the network into two pluchen.
Is defined by the UASF and its purpose is to activate the prison. It  activates at 95% and can cause division on 1 August 2017. If it succeeds  economically, the prison will be fully activated by November.
BIP 91 was created by (BitmainWarranty) engineer James Halliard to  lock the update 2x before August 1 making the proposal compatible with  (BIP148) which requires 80.91% of the metal to refer to the insurance  support and shortest period of signals from BIP148

SegWitx2
The SegWit is the older but more sophisticated, powered by metals and  start-ups. This proposal seeks to grow a jail record through SoftForek,  with a commitment to increase the size of the block by HardFork after  three months.
If Bugs141 can not be activated, BIP148 does not think it is active or  vice versa. A smart mechanism called BIP91 is suggested. It is a smart  way to translate 80% as it indicates 95% that does the following:
1. The signals are accepted in 4 bits
2- If 269 block of 336 block in the reference bit is secured BIP91 in it.
3. After the last 336 block, BIP91 is activated.
4- When BIP91 is activated the blocks do not point to one bit and that is the signals for BIP141 is denied from the network

The difference between BIP141 and BIP91 is that BIP91 is expected to activate at 80% of the metals for the agreement
Big Bitmain announced that it may be engaged under the name of (UAHF),  which is the activation of HardForek after BIP148 in a short period and  this would definitely cause an additional split, which led to up to  three coins for Betcuen:
1. BIP148-Bitcoin
2-Bitmain-coin (based on BIP148 success score)
3 - the current configuration of the old 


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