Well, if that is a critical issue i advice you to make contact with Core/LightCoin dev's about youre concern. They're testing it atm, this will be the moment for it to how to fix it. We'll be gratefull.
i did.. EG last april i spotted the anyonecanspend issue.. their response. ridicule me for months.. facepalm themselves after that when they realised. then do a cheap cludgy work around create/plan the tier network to prevent native nodes from getting relayed unconfirmed segwit tx's after activation.. problem then, nothing stopped a malicious person MANUALLY copying a unconfirmed segwit TX from a segwit node mempool and then messing with it.. in a native node to which the workaround was to not allow keypair utility until after activation and so that they can then drop accepting native blocks from being mined to prevent malicious uses of my previous sentence as part of the tier activation. but there are still issues with that too. it just keep going on and on and on.. core have opened up more attack vectors with their cludgy soft segwit, than there were this time in 2015 pre segwit announcement the ultimate solution is a 1merkle peer network (not a 2merkblock block in a block on a tier network of stripped/unstripped blocks) which has a lot of other features the community want to.. and done in a manner of a full node and pool consensus upgrade event. where by everyone gets what they want.. a real main blocksize increase and other features along with the opt in stuff like segwit/ln.. rather than the cludge that leads people into using LN by force due to soo many issues onchain After doing some research by myself, i see Segwit running great on Lightcoin. I think the keypairs issue is just a storm in a glass of water. Segwit is ready for Bitcoin, dont worry Frank.
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Regarding TX fees, is it really such a huge problem? It's barely used as a currency as of now.
There are scaling solutions obviously so in the future, it's not a worry.
People see Bitcoin more as a store of value, for them higher fee's is not a major problem. Of course that needs to be fixed for lower tx.
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You can scale Bitcoin to a fair extent without modifying the block size. Segwit -> Schnorr + Signature aggregation -> LN/sidechains/TumbleBit/Mimblewimble. This is exactly what Bitcoin needs, the only one who's blocking it is that anoying little brat called Jihan Wu.
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That is a nice gift Paashaas. Always fun to share bitcoins with your loved ones.
As promised i'll show you the foto from my happy niece having here first Bitcoin for here 8th birthday. She will be a 10 year holder
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Today is my niece birthday, she's 8 years now. I got a cool gift for here, i'll make a vacuum plastic shielded paper wallet with 0.05 ore 0.1 Bitcoin on it. She needs to keep it for atleast 10 years, so when she turns 18 she can buy a part of here drivers license. I'll update it later with a foto
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After all these years Segwit is still the best possible update Bitcoin can have. I can understand if someone doesn't like it i mean not all people voted for Trump but in the end they need to respect market decision and move on. BU had there shot but blew it big time. It doesn't matter how 'great' there updates are, BU code is bad. The remaining BU supporters seems to having a hard time to understand how important a well working code is. ( I dont believe Jonald got a degree in Computer Science ) many people never read trumps books, manifesto's or plans. many people never read segwits code, documentation or plans. those that have end up seeing why people facepalm when they see supporters of both. do you know the difference between what segwit activation does vs what the keypairs do do you know the difference between what segwit activation does not do vs what the keypairs do not do do you know what gestures/features/promises will actually get to be seen. or are you just settling for the idea that because blockstream worked on it since 2014, that its too late to just ask them to try something different/better. due to the mindset of 'they put so much work into it, we should just accept it' P.S even in 2017 the actual keypairs that segwit will utilise are still not etched in stone. so its not really actually been fully tested since 2014.. its been worked on since 2014.. which is totally different. they are still tinkering with it even now Well, if that is a critical issue i advice you to make contact with Core/LightCoin dev's about youre concern. They're testing it atm, this will be the moment for it to how to fix it. We'll be gratefull.
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Some people dont understand what the effect will be on the price with 21 million coins for 7 billion people. In the far future when Bitcoin is working in his full potential i believe $1.000.000 will be achieved.
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After all these years Segwit is still the best possible update Bitcoin can have. I can understand if someone doesn't like it i mean not all people voted for Trump but in the end they need to respect market decision and move on. BU had there shot but blew it big time. It doesn't matter how 'great' there updates are, BU code is bad. The remaining BU supporters seems to having a hard time to understand how important a well working code is. ( I dont believe Jonald got a degree in Computer Science )
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In the future all banks will offer Bitcoin accounts for there clients.
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That was a fine read and well written article. I piss over altcoins, i had never any intensions to buy one. However...i'm very interested investing in sidechains. I might buy some RSK when there Jaxx wallet arrives. This is also my personal tip; invest in sidechains instead of scamcoins.
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Bitcoin price is crashing coz core is centralised and people are losing trust in Bitcoin.
Core is promoting a minority agenda (segwit) since August last year (core 0.13.0) It hasn't done a run on acceptance, it's basically a failure and it has been that way for a while now.
If core was decentralised it would include independent options for each of the block options and probably also a version of BIP100 ...
Do You like spreading FUD?
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Sub $1700 is cheapest price possible?
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Central banker Vitalik has made 1 huge mistake; he didn't used Bitcoins security for his Smart Contracts. RSK will do a much btter job All Altcoins will be replaced by sidechains.
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Impressive rebound to 'normal' so fast
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Segwitt +side-chains are the only possible way to make Bitcoin mainstream. Some people cannot see how aswesome all those chains will be.
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Maximum pain reached at $1650?
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@Drumamat. I'm sorry for youre loss, you have my sympathy.
There is still hope to retrieve you coins. You can't remember youre password anymore however youre password is still sitting in youre head!
I advice you to take a holiday ore do some other stuff you used to do....just give youre brains something to do what you aint doing it on a daily base.
It might give you that ''eureka'' moment and you remember youre password again.
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People will think twice before selling there coins, Bitcoin is to valuable for it.
$2000 next week!
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"Segwit is a compromise" is rhetoric. Compromise between what? sensible scaling and no scaling?
Truth is: segwit is something Core came up with own their own without consulting the users, that offers a tiny amount of scaling as a soft fork.
Do you like spreading FUD?
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Core team got more than 100+, most of then are unpaid. most are just grammar nazi's editing copyright dates or words in the documentation/comments/readme files.. and most are just hoping one day they can get a line of code in somewhere to get noticed enough to get paid by blockstream but when you look at who is moderating the IRC/tech discussion forums/mailing lists/bips those 100+ unpaid guys dont have much sway unless they kiss ass first Thats irrelevant, it's only what they deliver. Segwitt is still the best possible update there is and Core is doing a great job at it. They give trust and security, for the rest i dont care what they are doing.
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