2MB block mined in segnet

[pereira4]

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]

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]

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]

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