Here is why Segwit will not be included into KORE for the foreseeable future.
We will take the route Satoshi implemented instead and not enforce a change
that could never be effectively reversed. If segwit is a resounding success,
we could consider it then.
Our Dev is very concerned about Segwit.
BTW- I asked him to integrate Segwit (A few months back) into KORE and he refused.
His words were "Segwit is poorly implemented".
Here is our conversation we just had on 7-27-2017:
[12:36 AM] MikeMike: Geeez if I only understood this earlier regarding segwit!
[12:36 AM] KOREWDev: Hahaha
[12:36 AM] MikeMike: All they had to do was increase the block size a tiny bit
[12:37 AM] KOREWDev: It's incredibly dangerous and notice how when engineers have pointed out these flaws they are completely hand waved
[12:37 AM] MikeMike: Is there any special things segwit could do?
[12:37 AM] MikeMike: seems to me adding segwit is deviating from Satoshi
[12:38 AM] KOREWDev: The very nature of segwit is bankster oriented
[12:38 AM] MikeMike: how so?
[12:38 AM] KOREWDev: They could potentially start creating unlimited coins offchain and selling them for real bitcoin!
[12:39 AM] MikeMike: Why has this information not been made public?(edited)
[12:40 AM] KOREWDev: The cryptography behind all this should have started as a coin in and of itself then if it was that "good" it would naturally surpass bitcoin .
But instead they are forcing it down our throats
[12:40 AM] KOREWDev: It is public information
[12:40 AM] KOREWDev: But remember that post of mine you saw on bitcointalk?
[12:40 AM] KOREWDev: Remember how the shills tried to drown out my questions?
[12:41 AM] KOREWDev: That's how they are doing it
[12:41 AM] MikeMike: I know a hacker who went to work on the core dev team.
[12:41 AM] MikeMike:__________ is last name
[12:42 AM] MikeMike: I wonder if he is behind this at all and what his opinions are on it.
[12:42 AM] KOREWDev: In every forum , in every discussion, people are being paid to hype segwit yet they do not know how dangerous it really is.
[12:43 AM] MikeMike: What do you recommend?
[12:43 AM] KOREWDev: Think on it , me and you see bitcoin, we spend 100 million to buy people and influence, 5 years later we control a multi billion dollar industry, not a bad return right ?
[12:44 AM] KOREWDev: I have recommended simply reverting to the original block size Satoshi intended
[12:44 AM] MikeMike: Which was?
[12:44 AM] KOREWDev: 32 MBg!
[12:45 AM] MikeMike: so why not go to 4?
[12:45 AM] MikeMike: What happened to people in the core dev team for bitcoin?
[12:45 AM] MikeMike: How could they put something like this together?
[12:46 AM] KOREWDev:
https://bitcointalk.org/index.php?topic=1835653.0[12:46 AM] KOREWDev: They are being influenced by big money and huge egos
[12:48 AM] KOREWDev: IMO reverting to 32 MB would ensure that no further argument would arise
[12:48 AM] MikeMike: So once segwit is activated a future release cannot take it out?
[12:48 AM] KOREWDev: we would simply be using blocks in their natural intended form
[12:48 AM] KOREWDev: It would be impossible
[12:49 AM] MikeMike: So 32 mb is scaling then. Only uses what it needs. spam attacks could increase.
[12:49 AM] KOREWDev: those transactions made and processed while it was there would require segwit to always be a part of the code
[12:49 AM] KOREWDev: LOL
[12:49 AM] KOREWDev: considering the cost of spamming 32MB
[12:50 AM] KOREWDev: they would actually die down
[12:50 AM] KOREWDev: it's easy to fill a 1 MB block and cheap too
[12:50 AM] MikeMike: banksers have unlimited funds
[12:50 AM] KOREWDev: try paying the TX fee for just one day of spamming blocks
[12:50 AM] KOREWDev: NOPE
[12:50 AM] KOREWDev: even they would feel the sting
[12:50 AM] KOREWDev: remember ,, the fee is not paid in USD
[12:50 AM] KOREWDev: it's paid in BTC(edited)
[12:51 AM] KOREWDev: :smiley:
[12:51 AM] MikeMike: Would you mind if I made a post in that thread and c/p our conversation?
[12:52 AM] KOREWDev: No, i do not mind
[12:52 AM] KOREWDev: though trust me, no one will really listen
[12:52 AM] KOREWDev: we've been at this for years
[12:55 AM] KOREWDev: 32 MB every ten minutes in negligible
[12:55 AM] KOREWDev: and would take a very long time to saturate
[12:56 AM] KOREWDev: By then the price of Bitcoin will be such that people buy their coffee with alts and store their savings as BTC
MikeMike
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