ViaBTC and Roger Ver have no intention of fighting SegWit, but the challenge continues

ViaBTC and Roger Ver have no intention of fighting SegWit, but the challenge continues

There is exciting news in the Bitcoin and cryptocurrency world: ViaBTC and Roger Ver seem to have hinted that they will not block the activation of Segregated Witness (SegWit). This news has surprised everyone because it is completely contrary to the views of most Bitcoiners. However, this does not mean that Segregated Witness will be activated overnight.

Although this news confirms that ViaBTC and Roger Ver will not hinder SegVerification, in fact they have already stated this attitude from the beginning. Moreover, not hindering does not mean support. Currently, the mining pools that have clearly expressed their opposition to SegVerification include Antpool and F2pool. The computing power held by these two mining pools is extremely high, enough to make SegVerification a bubble.

That said, support for SegWit remains low. The 30% support in the network has been there for some time. Most platforms and mining pools are still trying to deploy this improvement, but it’s taking much longer than expected.

Good for Segwit

Some mining pools have chosen to take a wait-and-see approach. There is no doubt that the part of the code related to the improvement of the mining pool software will help them choose to support segregated verification as early as possible. Therefore, even if a large number of participants have clearly expressed their support, the mining pool will not make a hasty decision before seeing this part of the "benefits".

Don’t assume that these improvements are just a slight delay. Mining pool software rewrites take a lot of time, especially when the distribution architecture and protocols need to be significantly adjusted. Therefore, there is no need to rush this process.

However, the news has already led to an increase in the number of Bitcoin full nodes running the SegWit code to 40% . This represents a positive development for the SegWit soft fork, and this number will show a steady upward trend in the coming weeks.

Overall, the Bitcoin community is very satisfied with the compromise of ViaBTC and Roger Ver. It is indeed a positive development that they did not choose to centralize the settlement power to fight against isolated verification, but we are still far from the 95% activation threshold and still have a long way to go.

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