dollar? lol
1. im no yank
2. fiat is for sheep
3. refer to 2 and repeat until understand why we prefer bitcoin

your fooling yourself.

its the yanks pointing in the direction of the chinese.

behind BTCC is a yank (both of the lee's are being paid by american investors)
the yanks are pulling on the chinese strings.
if things go wrong blame the chinese. if things go right the yanks take the glory

while they have you distracted looking at bob and chuck. your not looking at the puppeteer in america pulling all the strings of blockstream AND the pools.

all while the puppeteer is getting its grip on bitcoin to play out its little tale while the bankers grow hyperledger

dont need the dollar. keep it

just for fun



dont knit pick quality. it was a 1 minute creation
enjoy

?? those that secure their coins cant have them taken by force ??

hmmmm

silkroad stash grabbed by authorities debunks that theory

though the guy "realbitcoin" has not yet grasped the finer details.

it seems cellard you have been drinking too much of the r/bitcoin blockstream koolaid. and you are not grasping bitcoin either.

it is BLOCKSTREAM AKA core paid devs and their unpaid interns that are going to cause an intentional split.
not any other dev teams or implementations
BLOCKSTREAM are getting heavy handed with the ban hammer, not the other dev teams

i can tell you are part of the r/bitcoin script reader because you are using the BUCOIN term .. yet its core that are the ones activating the ban hammer. making blockstream segwit nodes use what becomes BSCoin bcause blockstream trigger it.
leaving what on the BSCOIN network all controlled by one centralist for-profit corporation.

where old native (including old native core nodes) being banned/blocked by BScoin.

other dev teams want to use the network consensus. to keep the 12+ diverse implementations working side by side. but blockstream devs want everything using their code and willing to split the network to get it.

---

secondly although sidechains only has X "in circulation". there will be more than X in existance.
in a sidechain swap. BITCOINS are not destroyed when a side chain coin is created. bitcoins are LOCKED. in short. vaulted into a reserve and not used in circulation. and then the 'credit' is distributed into circulation on a sidechain

funny part is lauda cannot rebuttle the points
funny thing is i have never posted on reddit
funny thing is all i have requested lauda to do is learn about bitcoin

and his reply is to troll.

shame he cannot rebuttle the failures of segwit.
shame that lauda doesnt read more than 6 paragraphs otherwise he would learn that segwits real agenda is to centralise the network.

wake up and smell the coffee lauda. segwit does not solve the quadratics spam/doublespend scam issues because malicious people can just use old key types.

going soft does not solve the problem
again incase you cant read
going soft does not solve the problem

---

the only real thing segwit does. is FORCES pools to be under blockstreams thumb

its only agenda is to ban anything not blockstream compliant. so that blockstream can rule bitcoin.

does lauda even realise that once activated. segwit pools will automatically ban non segwit blocks. and nodes transmitting non segwit blocks
thus making bitcoin split. core/blockstream will only allow blocks and nodes that are segwit supported unless whitelisted.

again incase you cannot read
going soft was 'sold' as the way to avoid a split.. to solve a problem..
 yet blockstream cannot solve the problem of malicious users are actually going to cause a split.
but done so that native (old) nodes cannot defend against it.

its a bait and switch


this means if any pool not running segwit code makes a block. they get banned simple because they dont run segwit.

if segwit is so "compatible" then how come blockstream are so heavy with the ban hammer? shouldnt a standard block be just as good and "compatible" as a segwit block.

again blockstream will cause an altcoin by banning non blockstream compliant pools. not the other way round

---

blockstream want to cause a soft bilateral split(bilateral split bypassing node consensus). and native pools/nodes cannot defend against it once segwit is activated.

if you cannot see this or want to defend it as a good thing then you are not defending bitcoin you are only defending blockstream.
and i pitty you if you are only going to defend a for-profit corporation, rather than bitcoin.

please learn consensus.

what CB doesnt realise is that even with segwit. spammers and scammers can just simply not use segwit keys, and stick to standard keys. thus segwit does not cure anything

malleation will still happen after segwit activation
double spends will still happen after segwit activation
quadratic sigops spam will still happen after segwit activation

and
not everyone will use segwit keys so dont expect the top estimate of the one time boost maximum tx potential segwit supposedly meant to offer

miners are not trying to force the devs to hard fork(the empty word people use to make people think its about splits)

SMART PEOPLE of the community just want PROPER CONSENSUS

please dont assume hark fork = split

in both a hard and soft situation there are three subcategories

softfork: consensus - >94% pools no banning/ignoring of minority. result: small 5% orphan drama then one chain. minority unsynced and dead
softfork: controversial - >50% pools no banning/ignoring of minority. result: long big% orphan drama then one chain. minority unsynced and dead
softfork: bilateral - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

hardfork: consensus - >94% nodes, then >94% pools no banning/ignoring of minority. result: 5% orphan drama then one chain. minority unsynced / dead
hardfork: controversial - >50% nodes, then >50% pools no banning/ignoring of minority. result: big% orphan drama then one chain. minority unsynced / dead
hardfork: bilateral - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

when reading hard fork or soft fork. do not automatically assume best case for soft, worst case for hard.

the truth is much simpler

soft.. pool votes nodes dont.
hard.. nodes vote then pools.

and the smart community want CONSENSUS not bilateral

real funny part. is charlie lee. pretends to not want to get involved. yet is getting involved by following orders from his brother (bobby lee:BTCC) which is a strong advocate of blockstream due to the partnership and funding blockstream and btcc get from the same guy (barry silbert: DGC)

904625697166532776746648320380374280100293470930272690489102837043110636675
maximum amount of private keys

the problem of fee's is the old 'priority mechanism

(input_value_in_base_units * input_age)/size_in_bytes
target = 57,600,000

where someone with say 10btc($10,000)

100000000 *144 / 250 = 57,600,000 - gets priority

but someone with just 1btc($1000) with the exact same 'bloat' has to wait 10 days.
but someone with just 0.1btc($10) with the exact same 'bloat' has to wait 100 days.

the other thing is sgwit solves NOTHING
malicious spammers and scammer even after segwit activation will avoid using segwit keys. and so they can still bloat, malleate and spam the network.
malicious spammers and scammer even after LN public release will avoid using LN contracts. and so they can still bloat, malleate and spam the network.

read the LN small print.
if you broadcast early. the hub can revoke your broadcasted tx.
your at their mercy

please research.
1. blockstream are holding back NODE consensus
2. blockstream node consensus avoidance is holding back onchain growth and also miner confidence.
3. blockstream tinkered with the fee war to remove 'reactive pricing' and implemented 'averaged pricing, which biasedly increases even with 'empty blocks'.
4. pools have not changed any major rules or enforced anything. it is the code blockstream devs handed out.
5. by blockstream avoiding node consensus even with segwig. it actually shot themselves in the foot. pools wont make a massive change to the way blocks are formed and relayed unless they see high majority node acceptance.. (to avoid orphans)

the reality is that pools are not greedy. they are smart. its blockstream that bent the rules (publicly admitting it by going soft) so that they can blame pools if nothing happens, but blockstream devs can take the glory if all goes right, (typical bait and switch)

the devs should have gone for a hard CONSENSUS not soft CONSENSUS (dont confuse consensus with splits, i know your probably itching to rebuttle as such)
all the difference between hard and soft is.. is who gets to vote..
hard=nodes then pools
soft=pools then nodes

which can cause just as many issues either way if not done right

totally off topic, but ill have a stab at it

what if i told you the story of adam and eve was a story of biological evolution told to simpletons of many centuries ago (before books were public) in a camp storytime that they would remember via listening. told/preached by educated preachers (the religious order) to keep people from asking too many questions or trying to seek answer through learning to read or other sources. because reading was a skill only for the religious order and the rich.

so here it goes

Neanderthal males and females were the same species they shared the same DNA. so to explain that they are made from the same 'stuff' it was
simplified to. eve[female] was made using adams[male] rib (same bone marrow, dna and cells as adam). but subtle said this way to make females appear inferior to men aswell.

they became humans physically and gained knowledge and desire to learn and grasp ideas and concepts of good and evil after evolving a thyroid gland that changed them from Neanderthal to human.

(heres the science bit that even modern people cant grasp.. hence the word twisting of the middle ages)
the thyroid gland is in the throat some say its the shape of a butterfly others say the outline of an apple.. but the thyroid gland is what causes a lump in the throat by way of it and the thyroid cartilage .. this lump.. is called... the adams apple
simplified to. after eating[having] the adams apple [in their throat] they gained knowledge and skills and how they seen their bodies have changed too.

then their cousins appeared [the unevolved old Neanderthals] and they cross bred so the offspring too had a thyroid gland which strung a new dimension to the mental/physical capacity of the next generation. thus neanderphals died out and humans grew

the purpose of the adam and eve story is two fold.
give people basic knowledge of evolution because they couldnt read so it was told in story form preached around through the ages.
it was also a scare story that too much knowledge is bad and a sin. as a way to keep the preachers in power as the only story tellers
by making it impossible or hard to learn to read unless your in the religious order or super rich.[basically consultants dont want to give away all their knowledge or they will gain new competing consultants doing lecture tours stealing their business]

things like the normal little silent voice in your head that tells you not to put your hand in the fire, or not to be a thief [your subconscious] is just a part of your brain evolved thanks to the thyroid gland. but those rich controlling preachers needed to scare their flock, saying they will be punished
if people done bad things. so invented an explanation about human subconsciousness, while adding the (modern day fear concept) of someone is always watching you (big brother/government surveillance) as a way to keep the naive in check even when the preachers were not around.

where the truth is preachers wanted their naive flock[sheeple] to fear their own actions and punish themself with paranoia and worries of bad things happening to them.... and all "god" is, is our own sub-conscience

ill leave you to look at latest medical science as to all the functions of the thyroid gland. and why the derogatory term of not having a functioning thyroid gland [being a cretin] is used by rich snobby UK politicians for people acting like Neanderthals.

so to answer your question.
our own sub-conscience[god] is what tells us to evolve. by having sex and evolving by having new offspring thats a new mix that supposedly meant to be better than ourselves.

we are god and we evolved

once 10,000 people want to pay starbucks they will start to ask...not only is starbucks co-signing 10,000 channels

why do i want to deposit $100 a month, or $1200 a year into a contracted multisig with starbucks. making them the new paypal2.0(thousands of other customers need starbucks to co-sign). which is n-locked for a month/year.. and then when withdrawing/settling after a month/year. my funds are held maturing for 3-5 days after confirmation (CLTV maturity) and starbucks can chargeback(CSV REVOKE) because they think they have the right.

much simpler to just deposit $25 a week using their separate internal bartab to deduct balance from the $25
and i can request my money back same day without all these locks and penalties for month/year. by simply not using LN
or
i can just buy a $25 giftcard

the only reason LTC is thinking about lightning network and sidchains is not due to the community or the random miners desires.. its because of
Charlie lee... who's brother is...... bobby lee (btcc)
BTCC is main promoting (loudmouth advocate) of the segwit supporting couple of pools. and unsurprisingly paid by... the same guys blockstream are paid by
DCG

904625697166532776746648320380374280100293470930272690489102837043110636675 keys

so you want 100 trillion private keys
hmm
only
904625697166532776746648320380374280100293470930272690489102737043110636675 keys
to go

but bitcoin is not a commercial company, controlling supply to cause price frenzy either.

so holding back supply for a couple years and stroking the sheeps wool to tell them to just pay more is not they way to go either

costs wont go up.
again dont be pulled into the fake rhetoric of "gigabytes by midnight"

the funny thing is.
if people end up running litenotes wrote in Go for LN instead of full nodes.
if people end up running pruned - no witness mode instead of full history (archival mode).

meaning that cores features can dilute the real fullnode count far more easily in months.
compared to any NODE agreed blocksize consensus. which increases NATURALLY over time. by which time people upgrade their computer ever 3rd/half decade

are multisigs broke? nope
will spammers(quadratic attack) use segwit keys if their intention is to spam the network? nope
will spammers(respend per block) use LN if their intention is to spam the network? nope
will scammers(malle-attack) use segwit keys if their intention is to scam merchants? nope
will scammers(RBF-CPFP-CSV attack) stop if their intention is to scam merchants? nope