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Bitcoin Unlimited fork reaches majority support for first time (nodecounter.com)
2 points by theWatcher37 on March 9, 2017 | hide | past | favorite | 2 comments


Is this the first time? What happened at February 5? (And there was an almost draw at February 19?)

Do they need a supermajority, like 75% or 90%, before something interesting happens?


Damn, I was on mobile and didn't see the previous history. It's my understanding that the target is 75% before bitcoin unlimited will try and "take over".

/r/btc is excited about it. Apparently there's a civil war between /r/bitcoin and /r/btc and the broader bitcoin community.

The issue is bitcoin fees have skyrocketed at an almost exponential pace and transaction times are way up.

Right now a "normal" fee from last year results in a ~24hr wait time

https://bitcoinfees.21.co

The core group has a "solution", and the Unlimited group claims to have a better one (as well as a list of grievances such as the core group being irresponsibly slow to react, also that their solution doesn't scale and is a stopgap etc etc).

I'm no expert though, if anyone could chime in with more info I'm all ears.




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