MicroStrategy founder Michael Saylor retweeted to correct the Bitcoin BIP-148 historical narrative: its success was not solely due to "ordinary users and nodes," but a combination of economic weight, hashrate, and nodes.
MicroStrategy founder Michael Saylor retweeted Excellion's tweet, which corrected the popular historical narrative surrounding Bitcoin BIP-148 and "Bitcoin Independence Day." Excellion pointed out that the success of BIP-148 was not solely achieved by ordinary users running nodes, but rather was the result of the collective participation of various parties in the Bitcoin network, including developers, exchanges, wallets, miners, and whales. He emphasized that the small-block camp (BIP-148) possessed significant economic weight and garnered 30-45% hashrate support, thus the threat of UASF (User Activated Soft Fork) was realized based on a combination of economic weight, hashrate, and nodes. Furthermore, Excellion clarified that technically, SegWit was activated by BIP-91, not BIP-148, and the latter was actually "pre-empted" and never truly tested.
Source:X@saylor · Source Link
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