Bitcoin users direct maintain kept a closed optic on the
BIP91 lock-in period. This lock-in has at in 1 lawsuit been secured amongst relative ease. However, at that topographic point is no argue to larn your hopes upwards exactly yet, every bit this lock-in current way goose egg until things alter on the network itself. Signaling intent for a solution in addition to effectively supporting its activation are 2 rattling different things. Things tin however direct maintain a rattling different plough from hither on out.
WHERE DO WE GO FROM HERE AFTER LOCKING IN BIP91?Locking inwards BIP91 is an enormous feat. It required over 80% of the full hashpower to indicate intent for this solution, 1 tin safely tell the mining pools in addition to community came together for the greater good. At the same time, this is solely a little victory inwards a lengthy country of war in addition to things are non laid upwards inwards stone.
With the lock-in secured, the Bitcoin network is at in 1 lawsuit inwards a grace period. There volition endure a current of fourth dimension until non-SegWit blocks volition endure rejected yesteryear the network. This is a large change, fifty-fifty though the bulk of the network seems to indicate SegWit blocks. SegWit2x in addition to USF signals are both considered “valid,” whereas pools or miners signaling Bitcoin Unlimited, for example, volition run into their blocks rejected. This rejection current volition become into number rattling soon.
Despite all of this positive momentum, at that topographic point is no guarantee for a successful SegWit activation. It may endure activated instead every bit
BIP141. While BIP91 signals intent to back upwards BIP141’s SegWit, it is simply based on hashpower. If mining pools in addition to miners were to clitoris out suddenly, at that topographic point is goose egg anyone tin produce to forestall it. Considering how rattling few economical nodes back upwards BIP91 correct now, it seems unlikely nosotros volition run into a “pure” activation of Segregated Witness.
If the bulk miners would alter their heed is at direct a opportunity of beingness forked off the primary Bitcoin blockchain. That would outcome inwards the chain separate people are hence desperately trying to avoid. BIP91 was introduced to brand SegWit2x in addition to the UASF compatible to avoid a chain split. However, it may terminate upwards beingness the catalyst for an actual network split, which is however a possible outcome at this stage.
For the fourth dimension being, at that topographic point is no prove to advise miners volition all of a abrupt plough their backs on BIP91. However, exactly because this little milestone has been reached does non hateful everything volition endure smoothen sailing. The miners volition follow the largest chain, regardless of whether or non it supports “pure” Segregated Witness. It every bit good way the minority supporting the BIP91 soft fork tin endure ignored yesteryear the remainder of the network inwards a few weeks from now.
This “public intent to indicate for something” is goose egg to a greater extent than than an empty hope yesteryear miners in addition to mining pools. Now is the fourth dimension for these individuals to pose their money where their rima oris is in addition to brand Bitcoin scale properly, regardless of political shenanigans. Assuming things volition rest every bit they are now, nosotros volition run into the kickoff steps toward activating SegWit inwards most a calendar week from now.