jimmysong
· 2w
Let's hear your take on how BIP110 plays out
75% of Knots runners will use it, maybe 10-15% of miners will signal for it at the peak. I think it'll have a quick start in terms of nodes runners but it'll plateau. If people against BIP-110 start getting antagonistic, elitist and celebrating early I think there will be a second wave of adopters.
All in all I think things will be getting get very tense until August. I think the end result is a chain split because people will engage in a competition to see who can get the highest fee rate transaction in the first force-activated block to cause an immediate minority chain split.
I hope it will be a wake up call to the BIP-110 supporters that you can't bully the network into following your rules if there is an intolerant majority. I also hope it's a wake up call to Core and the community at large that we need to unify, not splinter. If things get as heated as I worry it will, I'm concerned that there will be a psycho or two getting violent in real life but I very much hope I'm wrong on that one.