Well said but it can make processing the data a little bit faster if I fully understand what they are doing
but it makes the code more complicated to understand and it's been over engineered as it is at every
possible opportunity as it is from what I have seen

Distributed systems are not designed to work by filling up a node until the 200gb file grows to
a terabyte and the development team knew this for day one so it's problem-reaction-solution
and the solution is the lightning network, miners are begging for it because the hubs are banks
which will need hardware and BTC to fund the private ledgers which is just what the miners have
by some strange stroke of luck.

Number one rule is broken now because if the hub/bank goes down then you have a single point
of failure but lets be honest the development team pushed "On the block-chain" for eight years
and now we are being sold that "Of-Block" is the best thing since sliced bread and we also know that
since Segwit was turned on the fees have continued to climb

See https://bitcointalk.org/index.php?topic=2776719.new#new for the real deal when
it comes to Lightning Network because I am openly calling it a scam and no one has been able to
debunk me yet

Was i to be you and looking for an adventure and wanting an education at the same time then I would
watch trades on Binance until you think you know the ropes of when to buy and sell and then have a
flutter and see if you can edge your way up a well oiled pole

it could provide fun for hours but if over a week you can turn $10 into $100 doing say 50 trades
buying and then selling then you know you have what it takes otherwise you know that it was not for you.

please come back and let me know if you get the $100 because I am looking for a trader like that
myself that i can team up with and then I won't call you a slot-machine player anymore 

Bitcoin won't scale and they knew this from day one and rip-off transactions fees has made the
coin unusable for anything other than speculation on currency values

"Buy on the dip" when it is fundamentally obvious that Bitcoin has fatal flaws in not just the
existing Bitcoin core code but also with the development team who are working with the
miners to rip us off and ask yourself if Segwit reduced miners fees and keep listening to excuse after
excuse if you like.

The lighting Network is the next scam they are playing on us
https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400

if you want to back a horse then may I suggest that you pick a new horse for the races
that at least has four legs to run on

Wot you mean with like 7 transactions per second and miner fees as high as $55 per transaction like 

Now i hear people say but what about the Lightning Network that will fix things in maybe nine months time
but it will be excuse after excuse just like we are getting today as Segwit fails to deliver the goods, all by design
of course

You should not click the link if your dream of getting rich is all tied up in the Bitcoin price
https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400

Banks are coming to Bitcoin and that will mean higher fees, not lower just like you have seen with Segwit

Yes I agree OP and I am hearing the same thing as you

Air goes in to USDT and real money comes out from pump-en-dump and anyway all the alt-coin
slot machines seem to work in sync and the major names all just about go up and down together.

Logic says to me that if South Korea regulations sent ETH - BTC down then Ripple should had gone
up but it went down with the rest of them

Billions they say on top of Bitcoin will be worth a billion $USD soon but in the real world you will have to address
the issue of channels and intermediary channels storing private ledgers with each other and these transactions on top
of the ones we already have hitting the block-chain on settlement.

Sure hypothetical I could open a channel with you and we both agree to deposit $1 in the account (Locks it on BTC-BC)
and send $0.10 backwards and forwards a million times to each other but in the real world that's not going to happen
and we know it 

let me draw you a picture of what they have planned where anyone with a wallet can become a bank, err .... sorry,, hub

You---------->Sub branch<><><><>Main Branch<><>Int Bank<><><>Int Bank<><><>Fanny-May<><>MadOff<--------Me
Deposits $100                    $20,000                       $10m               $1bn                  $50m                     $1m              $100

See lightning Network routes, read the document and now tell me that I am wrong and can you not see that
the current miners are going to be the banks because not only do they have the hardware but they also have
the BTC to be used as seed money for the channels.

Anyone in the USA can become the president so long as their name ends in Bush, Kennedy or Clinton so
please bro debate me if you think my version is wrong and Bitcoin is not being programmed to become a central bank
much like the IMF or FED just to make it scale but don't go working for the banksters will you bro!

I am so happy that you of all people raised this point 

Channels were according to some only going to be open a few days, not years so lets agree on calling it a month
and correct me if I am wrong but any party to the contract can have the channel closed

You see now we have this middleman, you know the hub thing that's not a bank apparently and the remaining balance in
the off-chain private ledger held by a middle-man  is a credit to you because your mum just sent you a $2000 gift
and you need the money back on block (Real BTC public block-chain) because you want to buy $100 Ripple and spend $100 as cash.

Question

Why on earth would this middleman act as a conduit for Bitcoin because it does not scale be happy to send you
your $2000 and then be forced to pay $30 fees to the BTC miners for the privilege ?

if it looks, walks, talks and acts like a bank it probably is a bank   

As it's being sold these banks cannot fake BTC in theory but you will have to wait for that debate
another day but to be honest I don't think your able to answer and sad to say but here you cannot
use that old trick of "Poster can remove any comments he does not like" because it upsets him

it is not a perceived risk but a real risk.

Guns, drugs, sex and ransomware kicked Bitcoin off just like porn did with the internet
but now we have money scams and pyramid schemes to watch out for too.

I was told "Virtually free transactions fees" when it came to Bitcoins so who do I sue ?

I can write a smart contract on ETH that gets deployed to 10,000 nodes that takes your money
and when the year hits 2019 it moves everyone's cash to my account and i could write the code
in a way that it would not be easy to spot.

Ripple offers some protection and not everyone shares our hate of bankers that now
comes second to miners in my case and yes even Bitcoin itself is looking like a scam
so we need to police ourselves or we will be wiped out

Well i am hearing that Segwit wallets are only saving people 20% and not 50% and we should demand a reduction
in running cost since it's a second class service being "Off-Block" so they are back peddling really and other systems
that do scale can keep all transactions on-block.

Fees should be below $1.00 per transaction and that's high, never mind signing up with a bank who will themselves
be charged the BTC $30 mining fees if you close the channel and they have a credit on the balance sheet for your
account. No way on this earth will this work like they are making out unless you think some unknown middleman
is happy to incur a $30 cost just to ensure that you get your money. 

I make a good living writing software and it would had been obvious to anyone that has worked
on scaleable system that as implemented Bitcoin could never scale and ETH has played around
with block sizes and timing has manged to speed the BC up from seven transactions per second
to fifteen but you won't get much more than that.

Distributed computer systems break the work down (200gb of files) across servers with redundancy
built in so what we have left is Micky Mouse software and not only is it falling over but the lightning
network is fixing the problem at the wrong level and these hub things ! Well they are mini banks and
you can run one yourself if you have lots of BTC and hardware just like the miners have already and
hope you won't be locked out by the cartel

Don't worry if you get attacked because most people here have a vested interest in papering
over the cracks and making out that everything is fine when its not

Yes new world alright where we now have CPU-Wars between miners, all 20,000 of them here
on Bitcoin and a system that was known from day one would not scale and no one knows who
Satoshi is because the chances are he was working for the CIA or MOSSAD

Please feel free to join me and defend the block-chain and insist Lightning Network does not take
transactions "off-block" to defend his name because other systems like Neo and Ripple can scale the block-chain and do
1000 time more than seven transactions a second.

Learn to think for yourself instead of praying to the fruit machine

Are you saying that the content posted above does not come from the link provide and i have
somehow doctored the contents ?

oh yes I do and will continue to repeat myself "over and over and over again, day after day" when it comes to
fees but I have hardly said much about Segwit so carry on with your "Going to the moon" talk and I will carry
on with mine thank you.


Segwit was implement about five months ago and the charts show that fees went up to a peek after that
date so you are incorrect in your assessment or numbers must lie but if you have a Segwit wallet then do speak up
if it has saved you any money because we would all like to hear it.

BTCGreen ? You must be joking unless your heating your house as a miner playing CPU-Wars

Yes you read that right so I want to hear what people here are saying who have used any of the
new segwig wallets after being forced to change their keys and obviously pay the crazy miner fees
to do so.

Lets look at what the media says since the Bitcoin development team dare not show it's nose around here
and give us any numbers.

https://steemit.com/bitcoin/@justusspringer/segwit-has-activated-where-are-the-lower-fees

Someone here did say it was about 20% cheaper in fairness when he used a Segwit wallet but most exchanges
are not supporting it yet so was it just another money making scam by the miners who seem to have the ears
of the Bitcoin development team.

it's been on a downwards trend from $20,000 as people noticed the fees going to the
moon and Segwit wallets are hardly any cheaper to use than normal wallets but the development
team engineered a reason to make you change your keys so conversion will cost you £30
in mining fees and most places won't work with it anyway.

When it dawns on people that block-chain was used to sell us Bitcoin and Lightning
is all about going off block and introduces banks into Bitcoin then my guess is that
people will be heading for the exit door.

Take it from me "Hubs are banks" and the miners have both the hardware and Bitcoins
to run these banks used on major routes that they call channels

Your the "lunatic" with your nose up someones bum because you will say anything to try to keep the
price of your gambling tokens up so look for it yourself and go FUD yourself unless you would like to
pledge me a payment of $20.00 for finding it for you.

Put your money where your gob is

Neo is going to be the coin that's used in Asia and it's a bit like ETH but fifty times faster
so yes they will place restrictions on western crypto-coins just like they west likes to do
with the rest of the world.

Japan, South Korea will jump on board with China and we will be left with Ripple if no one
gets something sorted out this end and clearly Bitcoin cannot scale and has just become a
rip-off in terms of fees and it won't take long for ETH (Twice as fast as BTC) to start running
into scaling problems too.

IOTA is about ten times faster than a mere 7 transactions per second we get here and sad to
say it's just not enough but before you bang on about lighting network the study up first like
I have done. https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400

Banks are being built into Bitcoin under your noses and yes anyone can host a bank/hub but you
need lots of BTC and hardware and then hope the miners don't block you out because they will
be looking to host the banks.

I don't think we are using it for payments and it's more of a gambling chip except no one dare deposit
BTC at on-line casinos because their fun money has gone before they get to play.

Lets face it Bitcoin is useless as a currency and the development team is owned by the miners
and keeps coming up with excuses to rip us off. Segwit wallets is hardly cheaper and all the
dev teasm needs to add to Bitcoin core is the line of code shown below if they were too stupid
to add it in the first place.

public static money MaxFee=150 // The rich can wait in the bus queue and take turns like the rest of us sheeple

Coinbase are scammers and did not give my my $10 joining bonus and they display the BTC price
but you get nothing like that rate when you buy plus they pretend to crash during peeks so they
can front run trades.

You will love playing around with SEPA when you try to use them to take money out and put
it in your banks. TRy to avoid them at all costs

Yes the miners own the development team now and boy are we paying for it with fees
and the segwit wallet fees are hardly any cheaper then normal fees plus the  "Lightning Network"
is about allowing miners to become mini banks.

See https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400

I like Ripple and ETH (That too needs major redesign) but if your into how Block-Chain
should work or programming then check out Neo and also read my footer, it's so obvious really

Me and scammers Coinbase got of to a good start and they said they would give me $10 joining fee
and never did after I spent over $100 like they asked so good luck letting them hold your coins because
you will need it