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Kalle Alm @kallewoof
, 10 tweets, 3 min read Read on Twitter
I remember back when S2X was a thing, and people would constantly ask on r/bitcoin on reddit "why the hate for 'segwit' which seemed like a good upgrade". Intentionally deceptive move. This poll reminded me of it, so forgive me as I go on a reminiscence-rant.
The miners were refusing to signal for Segwit, and nobody really knew why. Random claims popped up, like "it'd move fees away from miners" (due to L2 eg ⚡️) . Ultimately, the biggest reason was most likely covert ASICBoost in use by Bitmain. Deceptive.
(Due to an impl detail in Segwit, covert ASICBoost turned out to be broken by Segwit. This was discovered later by Greg Maxwell (lists.linuxfoundation.org/pipermail/bitc…). Bitmain is probably still doing covert ASICBoost on BCash, but it's covert, so... who knows.)
I also remember the btc1 fork of bitcoin, which set the major version to 1 from 0. So when people were looking for "bitcoin", they would see "bitcoin 0.16" and they would see "bitcoin 1.16", and they'd go "cool, grab second one cause it's newer". Deceptive.
I also remember that Segwit2x agreed to activate Segwit (coughandhardforkto2xblockscough). It was an agreement by a bunch of balding old men in a room in NY. They often and boisterously claimed it had unanimous consent by the users.
Timeframe wise, there were two things going on at the same time here: UASF (BIP-148), and Segwit2x. coindesk.com/segwit2x-boyco…
So when Segwit was locked in, the latter group claimed that the users had now, magically, agreed to hard fork 90 days after it activated. Take a moment to appreciate how the text is muddying the hard fork and the segwit technology as if they were one and the same thing.
Whether the UASF caused the activation of Segwit is up for debate (I personally think it did), but I think it's fairly obvious that a hard fork was never agreed to by anyone except the baldies mentioned earlier.
All in all, it was openly deceitful and dishonest, and if you knew what was going on, it was an obvious takeover attempt. Why? Because it was driving the pesky developers away. Greg Maxwell vowed to leave the industry if it succeeded. Most other devs felt the same.
This is why people are calling August 1 "Bitcoin Independence Day", cause that's when the UASF activated, and to many people proved users control Bitcoin, not miners.
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