Why Bitcoin needs Segregated Witness

[Wind_FURY]

talking about spam
it was actually the core crowd that instigated the spam. as their way of making people think silly half promises core were offering were needed.

That's very convenient for the "whoever" to do the flooding of the mempool, and blaming it on the "Core crowd".

You have no evidence for that, and all that is is another conspiracy theory. Tinfoil hats on.

[franky1]

talking about spam
it was actually the core crowd that instigated the spam. as their way of making people think silly half promises core were offering were needed.

That's very convenient for the "whoever" to do the flooding of the mempool, and blaming it on the "Core crowd".
You have no evidence for that, and all that is is another conspiracy theory. Tinfoil hats on.

windfury. how about you go check the blockchain data rathr then reddit. you will learn more

[Paashaas]

He look, Franky1 is here again spreading his FUD...

[franky1]

He look, Franky1 is here again spreading his FUD...

wow ending a sentance with 3 capitalised letters.. WOW thats like a real mass of factual information and proof.
...
mayb go do some rsearch next time. check some stats.
gotta love how bottom of the barrel the roadmap defenders get with there 'just mention 3 letters to counter argue'
or their 'wrong coz'.. persons name

but hey, atleast i didnt have to buy a hat.. seems thats the latst thme for a certain group, you need to buy a hat to show your devotion to the roadmap. first it was the UASF hat samson mow was selling now its the virtual hat that gets placed as an forum avatar

evr tried saving money and time, and instead us it towards being independant and looking into the real details

[davis196]

So this Medium article is just a recap of all the history behind Segwit,but with a call to action at the bottom leading to the Magnum wallet service.Basically,it's just content marketing and nothing more.
It doesn't explain clearly(in plain stupid english) why the blockchain needs Segwit.

[DooMAD]

So this Medium article is just a recap of all the history behind Segwit,but with a call to action at the bottom leading to the Magnum wallet service.Basically,it's just content marketing and nothing more.
It doesn't explain clearly(in plain stupid english) why the blockchain needs Segwit.

Well spotted.  If you want to read both the pros and cons without being subjected to advertising, you can refer to SegWit Benefits and SegWit Costs and Risks. 

Long story short, it was a way to increase the overall size of blocks while still allowing all the users who don't want to upgrade to keep using Bitcoin just as they always have done.

[franky1]

doomad again obsessed with the "blocksize increase" propaganda
seems doomad can only think in small block vs bigblock debate mindset
the transactions per second/day is the main important factor.

transactions per hard drive byte has NOT improved
transactions per second/day has NOT improved

the argument about a maliciously created block taking over 3 minutes to validate could be solved for both legacy and segwit by simply not allowing 5 tx to fill a block with thousands of sigops per tx

even malleability could have been solved for both legacy and segwit..


the actual reason for segwit, was a gateway tx format to be used for locking/identifying UTXO's so that alternative networks, like sidechains, offchains. can exist by pegging coins to the locked bitcoin utxo

the transaction fee 'discount' is just a fake discount using creative accounting of the witness scale factor just to make legacy more expensive

using segwit as a onchain transaction just to make a tx to another peer offers no real world advantage. just the illusion of benefit

[Wind_FURY]

talking about spam
it was actually the core crowd that instigated the spam. as their way of making people think silly half promises core were offering were needed.

That's very convenient for the "whoever" to do the flooding of the mempool, and blaming it on the "Core crowd".
You have no evidence for that, and all that is is another conspiracy theory. Tinfoil hats on.

windfury. how about you go check the blockchain data rathr then reddit. you will learn more

Where, which blocks, which transactions in the blockchain did you check to see without hesitation, uncertainty, confusion, or doubt that the "Core crowd" spammed the mempool. How about your evidence.

Because someone else could easily accuse that it was Roger Ver, Jihan Wu, and Antpool.

How is Jihan Wu, by the way? I told you.

[franky1]

talking about spam
it was actually the core crowd that instigated the spam. as their way of making people think silly half promises core were offering were needed.

That's very convenient for the "whoever" to do the flooding of the mempool, and blaming it on the "Core crowd".
You have no evidence for that, and all that is is another conspiracy theory. Tinfoil hats on.

windfury. how about you go check the blockchain data rathr then reddit. you will learn more

Where, which blocks, which transactions in the blockchain did you check to see without hesitation, uncertainty, confusion, or doubt that the "Core crowd" spammed the mempool. How about your evidence.

Because someone else could easily accuse that it was Roger Ver, Jihan Wu, and Antpool.

How is Jihan Wu, by the way? I told you.

yea accusations and social drama on rddit and twitter have already happened in the case of segwit and spam drama.. YEARS AGO (your out of date)
but thats where people then went on and done some research and seen block data didnt match the accusations that spam was caused by anyone against core.. but cause using mixers. where the mixers are pro core and added to blocks that were collated by pro core pools

so you ask where, what, which.... well..

where: bitcoin blockchain
which blocks: blocks within 1 month prior to certain core bips needing adoption in 2015-2016
which transactions: the mass of transactions that have the same taint PATTERN and effect of known mixers
why: the 'wu' group were not causing fee wars/spam blocks(you cant fill a block with expensive fee's and lots of low confirm spam if your doing empty blocks)

as for your drama about antpool, wu and ver... seriously please put a browser ban on reddit and actually force yourself to not get your mis-information from places like that.
if you done some real research you would see real info.
seems you would rather spend hours a day learning and trying out some social drama. rather than researching bitcoin data.

though i do wonder why you keep concerning yourself with bitmain/ver drama as your distraction technique
might be worth you atleast researching topics you want to get involved in. EG if you wanna try correcting info.. first have the correct info.

[DooMAD]

and added to blocks that were collated by pro core pools

So by that reasoning, surely you must be part of the "core crowd" as well.  Or does your special brain think you've never had a transaction collated by a "pro core pool"?  If you ever get tired of being a lost cause who no one takes seriously, feel free to let us know.

as for your drama about antpool, wu and ver... seriously please put a browser ban on reddit and actually force yourself to not get your mis-information from places like that.

Yeah, you'd much prefer we got our misinformation direct from Craig "Scammer" Wright's sphincter like you do, right?   

[franky1]

and added to blocks that were collated by pro core pools

So by that reasoning, surely you must be part of the "core crowd" as well.  Or does your special brain think you've never had a transaction collated by a "pro core pool"?  If you ever get tired of being a lost cause who no one takes seriously, feel free to let us know.

as for your drama about antpool, wu and ver... seriously please put a browser ban on reddit and actually force yourself to not get your mis-information from places like that.

Yeah, you'd much prefer we got our misinformation direct from Craig "Scammer" Wright's sphincter like you do, right?  

seems you didnt check block data but just decided to reply back, with some random social drama of throwing names around...
this is all old drama being re-stirred up from about a few years ago...

your so out of touch with reality that you actually believe craig is some influencer/source
maybe you should also follow the advice i gave windfury. set your browser to block reddit. that way it controls your impulses to try reading stuff from stupid places

craig wright is not an influencer nor is he of any significance. just like samson mow is of no significance..
by you even mentioning his name shows you have no clue about the reality of what actually affects bitcoin