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2MB block mined in segnet
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Topic: 2MB block mined in segnet (Read 432 times)
pereira4
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2MB block mined in segnet
April 12, 2016, 12:22:35 PM
#1
https://segnet.smartbit.com.au/block/00000000071c5eb403407dd7352ad5206873a6c05b3b5fbd0303aaf7f03e2ee9
The scaling is real, Bitcoin Core proving to be wizards and masters of coding, meanwhile the rest are still doing nothing with facts. Soon we will have segnet deployed, sidechains, lightning, and halving in only 3 months. Get ready and start buying as much cheap 3 figure BTC as possible before it's too late to do so. This summer will be the best ever.
gripflierGO
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Re: 2MB block mined in segnet
April 12, 2016, 12:28:14 PM
#2
I don't understand what segnet is and how it will impact price of bitcoin in near future, can you please explain more about segnet.
pereira4
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Re: 2MB block mined in segnet
April 12, 2016, 12:33:19 PM
#3
Quote from: gripflierGO on April 12, 2016, 12:28:14 PM
I don't understand what segnet is and how it will impact price of bitcoin in near future, can you please explain more about segnet.
If you wonder what is SegNet, see:
https://bitcoincore.org/en/2016/01/21/launch_segwit_testnet/
https://bitcoinmagazine.com/articles/segregated-witness-deployed-on-new-bitcoin-testnet-segnet-1452277172
To put it in laymans term: It's a way to process more transactions without having to resort to raising the blocksize, in other words actual scaling.
franky1
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Re: 2MB block mined in segnet
April 12, 2016, 12:34:13 PM
Last edit: April 12, 2016, 01:01:25 PM by franky1
#4
Transactions: 5
size: 2mb
this is not really proving that it will allow more people to transact
onchain
. but is more of a representation of how a block would look when
offchain
solutions are used and finally settled
im still waiting for the best amount of
1in one 1out style of transactions
well maybe
2in one 2out style of transactions to represent an average tx..
we dont want 5 major exchanges/offchains abusing the onchain ledger, forcing normal people to not be able to just do a normal bitcoin transaction onchain
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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