will you finally take just 2 hours to understand segwit after having so long waiting for it. or do you only care about the dev control

have you even checked the effect of segwit on litecoin.
yep POOLS are not even using segwit keys ..
litecoin explorers havnt even updated their GUI site code to make segwit tx's visually displayable
the fixes are not fixed(malleation/quadratics). people can still spam and quadratic attack litecoin should they choose to


1. i dont use the altcoin section for years, unless some core loving censorship loving sheep decides to move topics to altcoin section that dont deserve to be there,

2. its not shit posting, its just posting the details beyond the utopian dream your dev gods have been preaching.

3. simply you using the words "shilling" and "rogr ver hardfork" shows you know nothing about the reality of whats actually going on..

4.you need to spend less time reading reddit.


lol you have no clue, your a sheep. please spend more time researching the code and reality, and stay away from reddit..

go on go check out litecoins utility of segwit. go look at all the pools that supported segwit, and see their coinbase tx's are not even using segwit keypairs. yep, the pools do not trust their block rewards to be held on segwit keypairs.

have a nice day.

core will never do it.

they have had segwit code for over a year. you sgwit fanboys have been playing the segwit script of "its been well tested for X years".. so core have had plenty of time to look beyond segwit and start innovating the next block template plan (dynamics) but instead they have given up and just resorted to either waiting around. buying all inclusive weekends for pools. or throwing out propaganda about how LN is the savior.

so dont expect dynamics to be part of cores roadmap.

you can try and call anything not core "moronic" all you like. but it seems the majority of segwit/LN supporters cannot even explain how segwit actually functions all you wish to do is promote the activation dates thinking thats the end of your troubles.

goodluck on your reliance of devs and your mindless thinking that your ass kissing of certain devs will last you a lifetime.. but here is something to wake you up

devs are human
devs get old/bored and move onto different projects
devs will not hold your hand in the future

we need to concentrate on bitcoin being a decentralised system thats not reliant on certain 'favorite' devs.
if you only trust code because of a dev, without you even bothering to learn how the code works or if it will run as suggested, then you have already lost the battle for a decentralised payment system and you might aswell just use paypal 2.0 aka LN or just go back to fiat.

some of you have gone one step too far in your dev worship and stopped thinking about code/logic/security and only thinking about faith and trust

bitcoin unlimited and other dynamic block concepts do not have a deadline date of august or november.

so even though there is some drama happening now about when segwit activates. does not mean that dynamic style proposals are dead.
they are continuing to do their own thing in the background waiting for consensus.

the funny part is people think august or november are finish point dates where all the problems are solved.
the activation of segwit is not the end of the drama.

after activation. people then need to wait around for actual nodes to support using the keypairs as wallets. and then get the merchants and explorer services to upgrade their software to display the new format of the keypairs.

yep most blockexplorers that display litecoins limited amount of segwit transactions in segwit blocks are not able to display the data clearly. and it seems no on is thinking about the logistics of it. they are too involved in the fud from reddit scripts that promise the world on one side and throw nukes at the other.

thats about as un biased as i can be on the matter.

easy way. instead of orderlines being $1 apart. exchanges could make it 1cent apart. then we wont see as many volatile swings. because there would be 100 order lines that need filling to move the price by $1 instead of just 1 orderline.

id prefer this. it will settle the market

it will reduce the drops, but flipping the idea around, for those looking for an exit back to fiat quickly (and foolishly) it wont see spikes as much either.

is it actually illegal. as in a law was passed to prohibit its use?

of is it that your country just doesnt recognise it and has not declared anything in either direction (pro/con)

the activation is meaningless..

check out litecoin the pools cant even be bothered to use the keys. yep they can still malleate, quadratic spam and everything else.

..
too many people think the activation is the finish line. where everything is solved. lol.. please people atleast read the code. and not reddit scripts.

standard town in UK

social housing:2btc/year (0.0388btc a week)
private rent: 2.8btc/year (0.0538btc a week)

for a standard 2bedroom average house/flat

can be 10-11btc in central london per year

^ says the guy that manages some of the main sig spammer campaigns....
if he wants to look at the cause. he should get a mirror

its people like billy and lauda that would happily kiss ass of the corporate devs because they hope if they show loyalty to the corporations that the corps would pay them one day.

people like lauda and billy. are selfish and only think about themselves. lauda would rather take commision for workarounds and exploits than to help fix things. (yep lauda takes a fee for asking people for there wallet.dats, to just hand them their funds back, rather than reporting an issue to devs) billy loves showing off how much he cares about fiat prices.. but neither care about the code, culture or community.

i highly doubt in the towns lauda and billy live in, have even had any bitcoin meetups organised or even tried to get merchants in their town to adopt bitcoin.. lauda and billies main goal is to kiss ass and hope for a payday.

its time they man up and learn bitcoin principles and stop kissing ass

core added CLTV +CSV  (2-5 day fund maturity+chargeback)
core adding LN (joint account where counterparties are needed)
core took away fee controls and screams "just pay more"
core added segwit and said nodes dont need to independently validate and can happily accept filtered/stripped(no witness)
core bypassed real consensus of the decentralised network sing backdoor exploits and admit they will continue adding more features this way

so get your facts right billy.

empty blocks are not an issue. its just luck to get a solution to next block before validating previous..

whats more annoying is the ones that purposefully do not fill blocks even when given time to validate previous block

so shame on BTCC
https://blockchain.info/block-height/476691 - 52kb
https://blockchain.info/block-height/476635 - 31kb
https://blockchain.info/block-height/476610 - 13kb

oh and look BTCC also do empty blocks too
https://blockchain.info/block-height/476073

lol seems you have sucked into "that mentality"

probably time to get ur dictionary out and read "conservative"
1.adverse to change/innovation
2.favouring free enterprise

meaning hand it to corporations. "just pay more" avoid innovation and let the rich own it

...
also i know that the 300mbyte per average blocktime, which you have capacity for is not just filled with that 1 blocks data. but other data too such as multiple connections and also tx's and other handshaking stuff.. but do the maths and learn 6th degree of separation.

its also worth you realising it wont even be "8mb by midnight". even if the max was 8mb.. it will take months/ years to even get to that level
internet providers have a 5 year plan for fibre and 5g. we are not stuck at 2000 with 0.5mbit internet. we are not stuck at 2009 5mbit internet
.. just do the maths and stop taking reddit scripts for granted

not everyone needs to be a "supernode" of 80+ connections. some can be just have 6-10 connections and still see that 8mb is safe (infact more than 8mb is safe)
4mb is anal, 2mb is super anal, and those wanting to stick with 1mb are super anal constipated

lesson one
dont read anything on reddit. either r/btc or r/bitcoin.. they both have propaganda

lesson two
4mbit/s vs 8mbyte/10minute are not a battle... 4mbit/s= 300mbyte every 10 minutes
(4mbit=0.5mbyte/sec... * 60 = 30mbyte/min..... *10 = 300mbyte/10min)

lesson three
dynamics is not about "gigabytes by midnight" propaganda. its about the nodes voting for what they find achievable. if they dont like a certain limit, they broadcast it, and pools wont just leap to huge numbers, they will take rational and small incremental steps because they will see what the nodes ar happy with.. not just because of network capability but also to mitigate any risks.. such as the berkeley>leveldb bug core had when they went passed 0.5mb. so pools will dip thier toes in slightly higher incremental amounts each time and see what is capable and safe.

lesson four
and this is done by full network consent . and not any dev team decision/control to jump through hoops. meaning NODES decide what is good for the network based on what NODES know is good for the network. not some dev team with propaganda stats. but real functionality capability.

lesson five
its much like the old rule of 1mb and pools incremented from 0.25 up, over 8 years.. same applies again but with a higher max limit and then incremental adjustments BELOW that. which is not 100% pool deciding. but nodes get to show what is preferable too.

lesson six
imagine it like a 3 legged race.
one half think they should walk at 1mph and the other person jog at 8mph.. <-propaganda
or
they both agree that 8mph is the maximum but agree to start at 2mph and then increase it by x% until they start not being able to stay in sync and then stick at that medium level until they are fitter to try higher jog rate than before.

in short. july 31, coinbase should have ZERO bitcoin funds of customers. because THEY wont give customer the altcoin
any funds THEY do have, coinbase is then legally allowed to treat the funds of respective privkeys as thier own in regards to calling the altcoin as THEIR own. and spend those funds as THEY deem fit.

ofcourse the coins of the majority chain will still be deemed as the customers.

(they, their=conbase)

issues i have is if there was a majority TRUE consensus of a rule change. will they do the same funds grab by denying the change has happened purely for greedy profit or would they be honourable and accept change has happened.

as for the minority controversial attempts. people need to realise it wont last/succeed if merchant services dont accept it. so be wise

if you think earning bitcoin is just sig spamming then you have missed the point

fiat is just a payment method not a job or career.... but there are plenty of jobs available related to servicing fiat.
EG do you really think that exchanges are AI robots, or do you accept that people actually work within coinbase and other exchanges and get an actual salary.

the people that develop asics, again its not an AI robot but actual engineers and designers that design prototypes, blueprints, code the chips and test the chips, ship/distribute the asics, etc

there are thousands upon thousands of real careers available in the bitcoin/crypto sector.


software - developers, graphics designers, project managers, etc
hardware - manufacturers, engineers, designers, project managers, etc
merchants - salesmen, customer service, retailers, managers
consulting - advisers, organisers, catering, light, audio and recording experts

i could go on and on. but pretty much any job role available with payment in fiat is possible for bitcoin.
bitcoin is still in the innovation phase because it has not yet grasped the explosion of a true circular currency yet where the real bitcoin 'industry' starts growing.

if you think bitcoin is just sig spamming then you have missed the point

lol.. article to scare people.. mainly fud

so lets clarify

1. think of the "maximum acceptable block size" as the hard consensus (like todays1mb) and the "excessive block size" as the policy (like the last 8 years 0.25-0.999) and same rules apply.
only now nodes and POOLS have a symbiotic control of the 'policy' (EB) movement. rather than just POOLS

2. 'miners' are just asics. they hold no hard drives, no blocks, they just process hashes. meaning 'miners' do not really matter in what is 'capable' as it is and always has been what a POOL decides to collate the data as, and then NODES of the network to accept and form the highest height as their data 'seed'(torrent analogy) for other nodes to leach off of.

3. 'forks' does not mean split chaining, forks means changing the levels rules. ofcourse changing the levels of a rule = changing the levels of a rule.. and yes dynamics means it will happen more often.. this is a good thing. it means no longer are we wasting 2+ years waiting on developers to be god like creatures. the network itself makes the decision. not puppetmasters.

4. let me make this clear. even if there was a pool of 90% hash power.. if only 10% of nodes accept the blocks of the 90% hash power.. the block will not be accepted, due to the nature of consensus. we have seen it already. the network has dropped blocks that do not fit the acceptable rules of the network. these are called orphans. they get dropped in seconds without caring or second thoughts about hashpower that pool carries. rules are rules after all.

5. the reality is that these mechanisms actually make pools more reliant on the network and makes pools more cautious. because they can try all they like to make a block of XXmb .. but if the nodes dont like it.. it has been a waste of time for the pool. the reality is that we will see pools making small tweaks to the level, NOT large tweaks. they will take baby step increments which the node network would happily receive.
to a point where the majority of nodes do not like it and at which point. the pools slow down or stop, until the nodes recheck their capabilities and new acceptable levels are available to grow to.

so in short. do not be fooled by the Fudsters screaming "gigabytes per nidnight" because the EC and other dynamic parts are actually EXTRA safety buffers and mechanisms, that will help the symbiotic relationship. they are simply taking away the puppetmaster dev control. and putting the control back into the hands of the symbiotic relationship of the network

it all depends on what your fiat salary is.

to start off do both. and if you find you are earning more via a bitcoin business than your fiat salary. then adjust things around. just be smart about it. only go full bitcoin if your bitcoin business/project can sustain you and has demand/desire of the community to keep wanting your bitcoin product/service long term

dont be like some that do stupid sig-spamming for pennies all day long hoping one day their pennies turn into thousands due to deflation, do something that is truly viable, sustainable and really rewarding financially and for your lifestyle

so core avoids full and real consensus by going soft (facepalm)

and others avoid full and real consensus by going controversial (facepalm)

why are people afraid of just using the real consensus that has been built into bitcoin for 8 years!

seems that all people care about is things to cause drama so they can play the ups and down of the price. or split the coin hoping to double their money.. neither side are thinking about a rational logical attempt to unite the community for a better combined bitcoin with real features everyone can use.

FTFY
if people start thinking like the way i fixed it, then people start to realise something more long term


price decline= no
"discount day"= yes

soap bubbles do not crash, they pop and reveal the real level of the water or reveal more bubbles above the water line which can keep bursting until the normal water line can be seen

eg
real estate market had a bubble. it doesnt mean houses are worthless, or "crash" meaning permenant damage.. it just means the value pops and a new more sensible level is revealed

keep wallet.dat safe (make multiple copies)

download and run bitcoin core
then copy your old wallet.dat into the fresh bitcoin core

run bitcoin core.

dump privkey from bitcoin core.

open electrum
paste privkey into electrum

p.s dont let people PM you asking you to send them your old wallet .dat where they will send funds to your electrums new address for a fee
a few people like achow an lauda have done this in the past to scam people

its best to learn how to do things yourself so that if things go wrong in the future you can look after your own funds rather than trust third parties 'managing' your funds for a fee