They say segwit will let bitcoin transactions be faster, but I still couldn't understand it well. If segwit will solve the scalability problem, why were we fightin each other?
If no, why segwit will be implemented?
segwit is a way to implement LN and miners don't like that, as a far i understand last time i checked why they don't want segwit, but not all miners are against it segwit don't solve the scalability issue by itself you need the LN, but it add more room to the block limit, and buy us some time also currently there is no on-chain way to do what LN can do off chain, this seems impossible to achieve.. |
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They will not replace fiat. There are many reasons.
But they will become the backbone of financial structure.
As far as regulation, it's nonsensical for the most part. First it's decentralized all over the world. It is peer regulated. Nearly every possible application of existing laws is for reasons that cryptos are immune to. The point of conversion is from fiat to crypto where regulation needs apply again. The other case is when cryptos are used in exchange for goods and services under the purview of a government - up until that time they are not no matter what lies Coin Center and know-it-all officials claim.
Consider this, once you have cryptos in a peer regulated system being used for liquidity of funds the government no longer needs to spend time and resources on them since they're immutable and essentially 51% attack impossible. That's ONE reason they aren't in the tax & regulation jurisdiction. (although illegally right now people claim they are)
maybe not replace fiat but they can lvie together side by side with any fiat currency just look at japan they have both their local currency and bitcoin living together with the same importance i think yes altcoin need to be regulated if you want real adoption, otherwise many shop will simply not accept it,a nd it's the reason why amazon int he first palce is not accepting it |
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It's limited to 0.042 BTC per transaction. Because I'm so goddamn high rolling I never spend that little.
There should be some interesting new use cases. Maybe I'll find something then.
that limit is stupid, what if i need to move a great amount of coin? ok you have unlimited transaction limit, but sending 100 tx just to move 4 btc is retarded when bitcoin is also notorious for not having trouble in moving a very large amount of money this have somethign to do with the somehow centralized hub that LN rely on perhaps? |
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so this is news behind BTC jump?
Probably, this have increased confidence among bitcoin traders. Possibility of network split during segwit activation is really thin now because most of the mining pool have started to strongly support segwit2x. Isn't segwit2x only good for miners and bad for everybody else? That's what I've read. aren't mienrs or at least soem of them against the second part of segwit2x, which is the hard fork to 2mb? many miners were never pro hard fork to only 2mb miners just want higher fee no matter what, and you have bitmain with their own fork |
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Sp you beast you did it again
I get cpu validation errors. So a bit early. But all the 4 hash functions are hashing. and looking good. when it is ready? |
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there can't be regulation without legalization, your question doesn't make much sense, if you don't legalize it first how can you regulate it?
there is not a single thing that is illegal but then regulated it make no sense, because you think that in japan for example where they regulate it they didn't legalize it first? obviously yes...
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the limited supply of 21 million Bitcoin is becoming a big problem these days. because demand is increased while there is no supply or limited supply.
that is stupidly wrong, the supply is there for a reason to ensure bitcoin scarcisity and make the value grow over time, if it was with bigger supply or worst with infinite inflation like doge, the value now would be shitty around $1 besides bitcoin is divisible and you can buy fraction, there is plenty for everyone |
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how can she is earning bitcoin if bitcoin need always to invest or buy to be acquired, it's money you know it can't just magically earned, if she is selling stuff for btc that is no different than do it with fiat
so why she choose bitcoin? if it's not selling stuff then i'm assuming she borrowed some money to invest in bitcoin or altcoin right?
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tpruvot just released a binary of the already available sources (supporting tribus algo).
2.1? don't support skunk, 2.2 is unofficial |
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so no skunk hash miner sp? i think epsylon is mining it privately or testing if it work...
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what is the point in mining a new coin which does not have anything? i mean the web explain nothing. How can this get any value? you must be new here, coin that are not on exchange yet have the most return |
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the limit was there because of money laundering, i remember this, and they reduced it over year, because it was always more easy to counterfeit cash
they are also planning to eradicate cash all altogether so i doubt they will listen to this, the future is digital payment and probably bitcoin
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There are 2 ccminer's on Epsylon pool already mining this. Version 2.1 and 2.2 )) Guess this is Epsylon by himself )) i have the 2.1 version but it's not supported |
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i get sgminer has stopped working with nvidia gpu
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they will mine for fee, which are around 220 btc now, against the 1800 btc from the total emission per day, 1/9
this value in fee will be lower thanks to segwit, but this also mean that the same value will be higher against fiat currency, because will force adoption and the value will increase
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so either solution will happen, this current main chain will be a thing of the past, i mean the current block limit will be removed in soem way on 1 august It's not BIP91 that I'm concerned about. According to this chart, things are looking messy down the road (November 1st)
100% miner support, seriously??? So, a split is confirmed in November???
If there were 100% miner support where do you see a split ? There won't be a 100% support. I don't see it. There are folks with different opinions and it's nearly impossible for them ALL to agree on one thing. as long as the majority agree who care about the other, the consensus was never about reaching 100%, at worse 95% i remember, which is still high |
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no leave them locally, that is everything you need to do, if you prefer cold storage then do so, just don't move your funds around the chain split date
big exchange say anyway that they will not upgrade their client until all this is sorted out, so it should be safe, but you can never know for sure
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does't work with more than 1 gpu useless, for nvidia
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more like a price correction, not really a recover, it was overdumped, and not it correcting toward the real new bottom
but since the drama isn't ended i'm expecting another crash or not any other little pump from now
i'm not even sure all the investors are aware of this possible chain split, or they are buying blindly...
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