Bitcoin Forum

SegWit locked in and we should see it activated in the upcoming days, just a matter of time. While putting the November hardfork aside, what proposals or features that are under development that we should be excited about?

It seems to me that there is no reason to worry. Had a lot more reasons for unrest during the first forks 1 Aug. It was a good lesson for the miners. They had to understand that money likes silence, and not only split, but the usual rumors can face loss of money. It does not benefit anyone.

Once Segwit gets activated the next implementation would be LN (Lightening Network). Already two LN wallets have been tested on bitcoin testnet.

Zap Wallet - http://zap.jackmallers.com

Eclair Wallet - https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet

https://medium.com/@JimmyMow/announcing-zap-a-lightning-network-wallet-47622acd89fb

https://news.bitcoin.com/acinq-launches-eclair-the-lightning-network-android-wallet/

Many thanks for sharing. Hope, their will come more android wallets for lightening network, because eclair seems only to support new devices.

We should get excited if segwit will be completely implemented in bitcoin because it will make bitcoin faster and the stuck transactions will get lower and it will be the start for another bull run for bitcoin and it might push the price of bitcoin up to 10,000 USD up to next year, so we better move now and accumulate more bitcoin.

i'm very curious to see what happens with ledgerx. that's happening this autumn. they're throttling the registrations because there are too many of them. you need 5 million minimum to be able to play on there.

also to take positions you have to lock up collateral so potentially a lot of bitcoin will disappear in there.

I understand from this that unlike the blocksize debate and SegWit, Lightning network will basically need a third party application to run? so in other words, there is no need for a any fork in order to make this happen? all we need is a bunch of tests and we are good to go?

Is there any information which can be understand easily about lighting work? Thanks!

For now, we should wait until segwit be implemented and see how is it going after being used, whether segwit could make blockchain transactions better or not give a significant changes. If segwit could solve major problems of bitcoins regarding high fees and confirmation time that takes hours even days, then we don't have to agreed with segwit2x or Lightning networks. However, if segwit isn't enough for scale solution, then we should worry about chain split if core developers don't agree with it as they have stated to not support 2Mb hard fork.

Everything you need to know about this can be found on Lightning.Network (https://lightning.network/). If you need  more detailed and technical information, check the whitepaper which is also available on the website.



Another chain split is very likely to happen but once again, I believe only one bitcoin will survive and the other will remain as an alt and die with time. We have already seen how bigger block size are bad, I don't understand why people still want to hard fork once again. Schnorr and SegWit are going to help, a bigger block size will make things worst.

1) Segwit isn't behind us. Wait for it to get activated.
2) The hard fork in November is not Bitcoin, forget about it. It's BCH 2.0.
3) You can find most of the information on Google. Anyhow, we shall see increase throughput without the need for a hard fork yet. Just be patient.

Scaling wise, Schnorr doesn't do much on its own. There's a general misconception regarding that. What you want to be looking at is signature aggregation.

I am really really excited about Segwit being able to solve the scalability issue. I'm anticipating a breakthrough! Hope it lives up to our expectations

It was never claimed that SegWit solves scalability. Nothing can solve scalability.

I'm fairly certain that you're just writing nonsense for your signature campaign.