Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: xbiv2 on July 13, 2017, 08:36:02 PM



Title: I think "bitcoin unlimited" is better than segwit. (YES, it altcoins)
Post by: xbiv2 on July 13, 2017, 08:36:02 PM
I think "bitcoin unlimited" is better than segwit.
Becouse it more undestandable.

Segwit it fail try to prevent BITCOIN CLASSIC existince.

Segwit posible to do with litecoin, becouse litecoin have almost empty blocks, and in fact have zero segwit style transactions.

But segwit imposible with BITCOIN, becouse segwit style transactions will be detected like double spend by BITCOIN CLASSIC miners very fast (1 or 2 blocks) and new blockchain will be regected.

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I think will be all 3 sort of BITCOIN
BITCOIN-CLASSIC
BITCOIN-SEGWIT
BITCOIN-UNLIMITED
And it will start new wave of speculations.

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Exchangers Position:
https://poloniex.com/press-releases/2017.03.17-Hard-Fork/
https://www.okcoin.com/t-423.html



Title: Re: i think "bitcoin unlimited" is better than segwit.
Post by: vrathamon on July 13, 2017, 08:41:24 PM
To me, segwit (by itself, without any block scaling) is just Proof by Authority.  And segwit doesn't really solve anything because, as more and more transactions get recorded on the blockchain, the size of the blocks will have to increase anyway. 

Bitcoin Unlimited scaling up the blocksize makes sense, and it'll be good practice for when they have to scale up the blocksize again and again as Bitcoin becomes more and more popular/accepted.


Title: Re: i think "bitcoin unlimited" is better than segwit.
Post by: John Titor on July 13, 2017, 10:29:36 PM
You are consistently wrong about everything you post about


Title: Re: i think "bitcoin unlimited" is better than segwit.
Post by: xbiv2 on July 14, 2017, 09:11:20 AM
To me, segwit (by itself, without any block scaling) is just Proof by Authority.  And segwit doesn't really solve anything because, as more and more transactions get recorded on the blockchain, the size of the blocks will have to increase anyway. 

Bitcoin Unlimited scaling up the blocksize makes sense, and it'll be good practice for when they have to scale up the blocksize again and again as Bitcoin becomes more and more popular/accepted.
I think will be all 3 sort of BITCOIN
BITCOIN-CLASSIC
BITCOIN-SEGWIT
BITCOIN-UNLIMITED
And it will start new wave of speculations.

BITCOIN-CORE already have function to reduce blockchain size on disk buy remove spent transactions.


Title: Re: i think "bitcoin unlimited" is better than segwit.
Post by: talkbitcoin on July 14, 2017, 09:26:44 AM
based on your post history i can clearly see that you have very little understanding of anything regarding any cryptocurrency. whether it is their price or technical aspects. which is why what you think is of no significance.

and on top of that saying "i think ...." is meaningless unless you have valid reasons (which don't exist by the way).


Title: Re: i think "bitcoin unlimited" is better than segwit.
Post by: Gnosis7777 on July 14, 2017, 09:36:09 AM
Is this a joke or mental illness?

 ??? ???

 ::) ::)


Title: Re: i think "bitcoin unlimited" is better than segwit.
Post by: kryptqnick on July 14, 2017, 09:40:40 AM
Well, the choice has been already made and miners are more for segwit, I believe. And both are really hard to fully understand, because of very hard math. Segwit can be understood by some simplification quite all right. And it will be a temporary decision anyway, because eventually the blocks will still become full. As for BU, this idea of flexible transactions is hardly understood. Plus, one has to upgrade software necessarily to BU, because it is not similar to btc we have now. This will result in a hard fork and that is not likely to influence the price in a good way, you know.


Title: Re: I think "bitcoin unlimited" is better than segwit.
Post by: Fioraver on July 14, 2017, 09:41:12 AM
lol.....  also I think Bitcoin Classic is better than bitcoin unlimited


Title: Re: I think "bitcoin unlimited" is better than segwit.
Post by: xbiv2 on July 14, 2017, 09:47:25 AM
Current statistic:
https://blockchain.info/charts/bitcoin-unlimited-share
https://blockchain.info/charts/bip-9-segwit

Miners have low acceptance for bitcoin classic, what about exchangers?
Current support of exchangers and prices will completely change the distribution of miners.