Bitcoin Analysis 20190327

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Years into the great bitcoin scaling debate no solution is in reach. Neither bigger blocks nor Segregated Witness have anywhere near consensus support. With the conflict escalating, a bitcoin fork has become a real possibility.

Topics discussed in this episode:

• Possible outcomes include that bitcoin Unlimited gains a majority of hashing power and starts mining bigger blocks. In the event of a fork, a proof-of-work change could be done to defend the minority chain from miner attacks. And lately a proposal was brought forward to activate SegWit without the support of the hashing power.

• Thomas Voegtlin, developer of the popular Electrum Wallet, joined us to shed light on these complex issues and share his perspective on the best way forward.
• • ASICBoost and its potential role in the conflict
• • How a bitcoin fork could happen
• • How to split coins in case of a fork
• • How UASF could be used to activate SegWit without miner support
• • Requirements for UASF to be safe
• • How Electrum would handle a fork

Links mentioned in this episode:

• Electrum Bitcoin Wallet
• ASICBoost ?'” Hacker Noon
• Bitcoin’s New Controversy: The AsicBoost Allegations Explained – CoinDesk
• Timo Hanke on ASICBoost and SegWit Non-Activation
• From AsicBoost to UASF: Greg Maxwell on Bitcoin’s Path Forward – CoinDesk
• [bitcoin-dev] Thomas Voegtlin: Soft Fork Threshold Signaling Proposal
• UASF Working Group
• [bitcoin-dev] Greg Maxwell: I do not support the BIP 148 UASF
• Thomas Voegtlin: Electrum, SPV Wallets And Bitcoin Aliases ?'” Epicenter

Sponsors:

• Jaxx: Wallets that Unify the Blockchain Experience Across Devices – http://jaxx.io

This episode is also available on :

• Epicenter.tv
• YouTube
• Souncloud

Watch or listen, Epicenter is available wherever you get your podcasts.

Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.

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