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Author Topic: Segregated Witness vs Bitcoin Unlimited vs Do Nothing  (Read 3051 times)
franky1
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April 25, 2017, 10:37:11 PM
 #61

I don't like the bitcoin unlimited idea at all. I really hope it becomes segwit for now. If no agreement can by made then do nothing for a while. Like 2018.

or core tries something else thats actually adding and doing things the whole community can unite around, before wasting another year on half baked segwit

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April 25, 2017, 10:40:06 PM
 #62

I don't like the bitcoin unlimited idea at all. I really hope it becomes segwit for now. If no agreement can by made then do nothing for a while. Like 2018.
I'm leaning towards this right now.

Truly I'm not educated enough on the entire shebang so I don't say that my opinion has any weight, but BU seems like a bad idea and Segwit looks like the best option, however I have expressed, and continue to express, a desire for more alternatives to be made before we have to fork anything. Worst case we stall and kick the can down the road, but having some diversity in our options would be nice.
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April 26, 2017, 01:22:38 AM
 #63

With the current state of the scaling solution right now with Bitcoin, I think this is something that is driving people away from actually going ahead and using Bitcoin because it seems as if we're in a civil war here, and we are to a certain extent. Though, the people on the side of Segwit are fighting for what's right while on the people on the side of BUG COIN are attempting to do a centralized takeover of Bitcoin cause Ver and Daddy Wu said that they should (paid off too)

Once we address the scaling problem through SegWit, we'd actually be able to get more people to join Bitcoin as the tx fees would start to go down from the bloated point in which we're at now. I simply see tx fees being high as the single highest rate of people just going "Well, I could just use my credit card"

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April 26, 2017, 01:38:57 AM
 #64

I don't like the bitcoin unlimited idea at all. I really hope it becomes segwit for now. If no agreement can by made then do nothing for a while. Like 2018.
I'm leaning towards this right now.but BU seems like a bad idea
With tons of bugs, It should be avoided to be the scaling solution for bitcoin.

and Segwit looks like the best option
A lot of benefits and the possibilities for supporting off-chain development.

however I have expressed, and continue to express, a desire for more alternatives to be made before we have to fork anything.
Do you mean about the alternatives way? As you can see bitcoin is in a hurry time.
Thought about UASF?It's just a terrible way.

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April 26, 2017, 01:42:21 AM
 #65

LAST 1000 BLOCKS:

Bitcoin Unlimited blocks: 422  ( 42.2% )             
Bitcoin Classic blocks: 4  ( 0.4% )             
SegWit blocks: 317  ( 31.7% )     
BIP100 blocks: 53  ( 5.3% )


In the last 7 days   (1000 blocks), Unlimited + Classic hashrate is ~1423 PH/s (42.6%) of the total Bitcoin network (3340 PH/s)


The seven day average keeps inching up.   Grin

I'm grumpy!!
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April 26, 2017, 02:30:38 AM
 #66

With the recent crashing of nodes by Bitcoin Unlimited i think that should wake up people to whom to put their hash power to.
Segwit is the best option and has many possibilities that can fix bitcoin malleability and scaling.

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April 26, 2017, 05:19:16 AM
 #67

or core tries something else thats actually adding and doing things the whole community can unite around, before wasting another year on half baked segwit
Segwit is pretty great in comparison to the alternatives. Denying it doesn't change anything.

The seven day average keeps inching up.   Grin
That's pretty irrelevant considering that almost all of that is concentrated under 1 person, aka. Jihan Wu (under disguise as at least 3 independent pools). Additionally, the super majority of every other part of the network is anti-BU.

With the recent crashing of nodes by Bitcoin Unlimited i think that should wake up people to whom to put their hash power to.
That's the thing, nobody is actually using BU client whilst mining. They are using Core whilst signalling for BU.

With weighting enabled:


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April 26, 2017, 09:18:25 AM
 #68

With the current state of the scaling solution right now with Bitcoin, I think this is something that is driving people away from actually going ahead and using Bitcoin because it seems as if we're in a civil war here, and we are to a certain extent. Though, the people on the side of Segwit are fighting for what's right while on the people on the side of BUG COIN are attempting to do a centralized takeover of Bitcoin cause Ver and Daddy Wu said that they should (paid off too)

Once we address the scaling problem through SegWit, we'd actually be able to get more people to join Bitcoin as the tx fees would start to go down from the bloated point in which we're at now. I simply see tx fees being high as the single highest rate of people just going "Well, I could just use my credit card"

SEGWIT

There are many disadvantages expressed against SegWit but there are more against Bitcoin Unlimited. The fear against BU came mostly from personalities behind such an option and the self-vested interests they are bringing on the table. I am wishing that soon this kind of an online civil war can be laid to rest so we can all concentrate on making more Bitcoin and enriching our own pockets. I am in Bitcoin, of course, to make some money and to be a part of a big financial revolution and not to witness a movie entitled "Bitcoin War" because that is so nasty.
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April 27, 2017, 07:54:33 AM
 #69

There are many disadvantages expressed against SegWit but there are more against Bitcoin Unlimited.
"Many"? No. Stop reading troll posts. There are some disadvantages that have been documented on the Bitcoin Core website. However, in comparison to BU, Segwit has been extensively tested for months.

The fear against BU came mostly from personalities behind such an option and the self-vested interests they are bringing on the table.
That stance is also nonsensical. When it comes to implementations, the code is more important (and BU has many holes as we've seen so far).

I am wishing that soon this kind of an online civil war can be laid to rest so we can all concentrate on making more Bitcoin and enriching our own pockets.
You're here for the wrong reasons.

I don't like the bitcoin unlimited idea at all. I really hope it becomes segwit for now. If no agreement can by made then do nothing for a while. Like 2018.
or core tries something else thats actually adding and doing things the whole community can unite around, before wasting another year on half baked segwit
This.
Nonsense. I'm afraid that you may be at no point of return if you're following franky1.

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