LTC Segwit Softfork
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Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.
Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.
We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.
For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
LTC Segwit Softfork
If LTC Segregated witness becomes a reality what is the net effect on mining LTC at this pool? I'm not sure what it means for existing Scrypt mining hardware. Thoughts?
Re: LTC Segwit Softfork
Found this doing some additional research.gaanthony wrote:If LTC Segregated witness becomes a reality what is the net effect on mining LTC at this pool? I'm not sure what it means for existing Scrypt mining hardware. Thoughts?
Note that, because of the aforementioned backwards compatibility, the upgrade to Litecoin 0.13.2 is not mandatory for regular users, nor need pool miners update their mining software. An upgrade is only necessary for pools and solo miners.
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Chris Sokolowski
- Site Admin
- Posts: 945
- Joined: Wed Aug 27, 2014 12:47 pm
- Location: State College, PA
Re: LTC Segwit Softfork
We're going to be implementing segwit for our LTC blocks at some point, presumably before the fork occurs. Getting out the X11 server is our first priority, then we will work on user-requested features like LTC segwit. We're looking into if we can make a simple change to signal segwit right now since so many users have requested it (even if we can't submit segwit blocks yet).
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Steve Sokolowski
- Posts: 4585
- Joined: Wed Aug 27, 2014 3:27 pm
- Location: State College, PA
Re: LTC Segwit Softfork
We upgraded to the latest version of Litecoin, so we can understand SegWit transactions. My understanding is that if SegWit activated today, the net result would be that our block explorers would be incorrect, but no money would be lost.gaanthony wrote:Found this doing some additional research.gaanthony wrote:If LTC Segregated witness becomes a reality what is the net effect on mining LTC at this pool? I'm not sure what it means for existing Scrypt mining hardware. Thoughts?
Note that, because of the aforementioned backwards compatibility, the upgrade to Litecoin 0.13.2 is not mandatory for regular users, nor need pool miners update their mining software. An upgrade is only necessary for pools and solo miners.
Re: LTC Segwit Softfork
Glad to hear it as it appears SegWit will be adopted. http://litecoinblockhalf.com/segwit.php.Steve Sokolowski wrote:We upgraded to the latest version of Litecoin, so we can understand SegWit transactions. My understanding is that if SegWit activated today, the net result would be that our block explorers would be incorrect, but no money would be lost.gaanthony wrote:Found this doing some additional research.gaanthony wrote:If LTC Segregated witness becomes a reality what is the net effect on mining LTC at this pool? I'm not sure what it means for existing Scrypt mining hardware. Thoughts?
Note that, because of the aforementioned backwards compatibility, the upgrade to Litecoin 0.13.2 is not mandatory for regular users, nor need pool miners update their mining software. An upgrade is only necessary for pools and solo miners.