So ive always had my bitcoin in my hardware wallet. Now there are 2 options: Legacy and Segwit. Whats the actual difference ?

1. Can i transfer my btc from Legacy to Segwit as a normal BTC transfer ?
2a. Does it make a different where i hold my bitcoins ?
2b. Do they use the same hashpower ?
3. Considering segwit was activated, why my BTCs are not automatically on the Segwit chain (are there actually 2 chains ?)
4. Whats my play ?

i know that my questions are very much beginner questions, and some os my premises might be wrong. Please educate me

Lightning Network developer Rusty Russell has issued a damning report on Bitcoin scalability, adding that fees would only rise from now on.

In a blog post Monday about the need to increase Bitcoin’s capacity long term, Russell said that the solutions currently available all fall short.

“Bitcoin can’t scale to meet demand unless demand vanishes and it all fails,” he wrote.

“If Bitcoin is used by 100,000 people today, and we want everyone to use it, we need Bitcoin capacity to grow 75,000 times larger. Yet we’re already struggling with 140GB of storage caused by Bitcoin’s first eight years when it was mainly not being used[.]”

While the Bitcoin network is just one day from locking in SegWit, Russell says that even this would provide only temporary relief from high fees before user demand erases the benefits.

A further hard fork and Schnorr signatures, the latter touted by commentators in the past as a useful way out of scaling difficulties, would fail to deliver at “everyone-scale.”

“The only attempt to attach growth to a metric was Pieter Wuille’s 17.7 percent per year increase,” Russel continued.

“That takes 70 years to reach everyone-scale, so no relief there in my lifetime.”

Bitcoin fees were at their lowest for months just this week, at a recommended 100 satoshis per byte. At the same time Aug. 7, suspected ‘spam’ transactions began to inflate the size of Bitcoin’s mempool, which had also been smaller than usual.

from cointelegraph

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comments ?

- Imported my private keys from exodus into electron cash mac os wallet and got my BCC/BCH
- Tried to transfer to an exchange and kept receiving a transfer error
- Gave up on the desktop wallet and downloaded electron cash on my android
- Imported private keys into electron cash app
- Balance shows 0 and no transaction history
- Checked on blockchair and the BCC/BCH is still in my public key
- Importing BCC/BCH private keys into electron cash mac os wallet also shows balance 0 and no transaction history

how to proceeed ?

using electron-cash wallet, im receiving this message, after clicking to send and putting my credentials:

error: The transaction was rejected by network rules.  (16: mandatory-script-verify-flag-failed (Signature must be zero for failed CHECK(MULTI)SIG operation))
[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]

how to solve it ?

At the official page it points me to some links but i cant find a version for Mac. Any path a should follow ?

Having BTC in multibit, exodus, electrum or whatever other wallet where you own the private keys, what will exactly happen ?

in the case of a wallet that supports only BTC, will it start supporting BCC too ? otherwise, what happens ?

and in which exchanges it will be recommended to trade BCC ? except kraken

Whats the cheapest way to buy btc in europe by bank transfer ? considering all fees etc






edit: sorry it had been asked, but search isnt working

I apologise in advance if that was covered in another thread

So far, i understood this about btc:

- the only way to increase the amount of btc is thru mining
- there will only be max of 21b btc
- for every transaction, there is a fee
- for the transaction to be completed, a miner has to mine that block(?) and collect that fee in order to validate the transaction
- therefore, a higher transaction fee has bigger chances to be picked up by a miner to validate and complete the transfer

assuming these premises are true (please correct me if not - im interesting in learning -), how will transactions/transfers work when there is no more btc to be mined ?