Bitcoin Forum
May 01, 2024, 11:56:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 »  All
  Print  
Author Topic: NOT Upgrading to SegWit who's with me?!  (Read 7142 times)
BitcoinBarrel (OP)
Legendary
*
Offline Offline

Activity: 1961
Merit: 1020


Fill Your Barrel with Bitcoins!


View Profile WWW
December 14, 2016, 01:23:17 AM
 #1



Or at least until Satoshi makes a public statement about it.  Tongue



        ▄▄▄▄▄▄▄▄▄▄
     ▄██████████████▄
   ▄█████████████████▌
  ▐███████████████████▌
 ▄█████████████████████▄
 ███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
 ██████████████████████▀
 ▀████████████████████▀
  ▀██████████████████
    ▀▀████████████▀▀
.
.....
.....
.....
.....
.....
.....





The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714607766
Hero Member
*
Offline Offline

Posts: 1714607766

View Profile Personal Message (Offline)

Ignore
1714607766
Reply with quote  #2

1714607766
Report to moderator
TKeenan
Hero Member
*****
Offline Offline

Activity: 874
Merit: 1000



View Profile
December 14, 2016, 01:45:14 AM
 #2


SegWit is not Bitcoin.  SegWit is an altcoin being pushed by Blockstream/Core.  

Do not do the upgrade.

It is not in fact 'network inconsistent'.  SegWit is inconsistent with Bitcoin.  The provided warning is a total lie/sham.  They are propagating that warning to trick people into supporting something that is plainly not Bitcoin. 
Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1011



View Profile
December 14, 2016, 01:54:04 AM
 #3

If you don't want SegWit ... i don't want a block inflate.  Grin
Local Blockchain is at 102GB now.  Roll Eyes

So, SegWit only for me (because i can prune after).
TKeenan
Hero Member
*****
Offline Offline

Activity: 874
Merit: 1000



View Profile
December 14, 2016, 02:11:07 AM
 #4

If you don't want SegWit ... i don't want a block inflate.  Grin
Local Blockchain is at 102GB now.  Roll Eyes

So, SegWit only for me (because i can prune after).

SegWit isn't to prevent block inflate.  SegWit is to prepare the network for Blockstream proprietary off-chain scaling solution that will allow them to 'shift' network fees away from miners and into their own hands.  

It is nothing less than a Coup d'état*

* I did that for you French guy.
BitcoinBarrel (OP)
Legendary
*
Offline Offline

Activity: 1961
Merit: 1020


Fill Your Barrel with Bitcoins!


View Profile WWW
December 14, 2016, 02:29:14 AM
 #5

That's why I fired back up my CPU miner hashing at an impressive 600 kh/s to attempt a solo block mine. Free Market FTW!



        ▄▄▄▄▄▄▄▄▄▄
     ▄██████████████▄
   ▄█████████████████▌
  ▐███████████████████▌
 ▄█████████████████████▄
 ███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
 ██████████████████████▀
 ▀████████████████████▀
  ▀██████████████████
    ▀▀████████████▀▀
.
.....
.....
.....
.....
.....
.....





Swisscoinex
Newbie
*
Offline Offline

Activity: 16
Merit: 1


View Profile WWW
December 14, 2016, 05:47:27 AM
 #6

That's why I fired back up my CPU miner hashing at an impressive 600 kh/s to attempt a solo block mine. Free Market FTW!

Fingers crossed, let us know how that works out for you!
Yakamoto
Legendary
*
Offline Offline

Activity: 1218
Merit: 1007


View Profile
December 14, 2016, 05:50:32 AM
 #7

I just don't really care right now, I'll let the community let the chips fall where they may, and I'll just roll along with whatever is decided.

Do I think SegWit is a good idea that'll fix everything? Not really. Will it? Maybe. Right now though there is no point when it comes to choosing a side definitively now because a lot can still change.
pooya87
Legendary
*
Offline Offline

Activity: 3444
Merit: 10521



View Profile
December 14, 2016, 06:07:56 AM
 #8

the funny thing is that nobody cares what we do, whether we upgrade to segwit or not, implementing it would fall to what miners decide since they are the ones signalling segwit implementation.

in other words if all nodes switch to segwit the percentage is still a plateau at 24% https://blockchain.info/charts/bip-9-segwit

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
franky1
Legendary
*
Offline Offline

Activity: 4214
Merit: 4454



View Profile
December 14, 2016, 06:24:58 AM
 #9

the funny thing is that nobody cares what we do, whether we upgrade to segwit or not, implementing it would fall to what miners decide since they are the ones signalling segwit implementation.

in other words if all nodes switch to segwit the percentage is still a plateau at 24% https://blockchain.info/charts/bip-9-segwit

^ this guy gets it

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
cmbconcretefire
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
December 14, 2016, 07:29:30 AM
 #10

Segwit? Nope. I'm with OP.
Vaccinus
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
December 14, 2016, 07:38:40 AM
 #11

satoshi will never happen again, or he simply don't care anymore, it's up tot he miner to decide, hope they make it fast

Herbert2020
Legendary
*
Offline Offline

Activity: 1946
Merit: 1137


View Profile
December 14, 2016, 08:53:30 AM
 #12

Or at least until Satoshi makes a public statement about it.  Tongue

you are mistaking bitcoin with a bank issued note or something!

even if satoshi comes out of anonymity and says "I am for or against Segwit" it should not matter either way. any person should make their own decisions on these matters, satoshi is not god Cheesy

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
hv_
Legendary
*
Offline Offline

Activity: 2506
Merit: 1055

Clean Code and Scale


View Profile WWW
December 14, 2016, 08:56:09 AM
 #13

I would do if the  blocksize limit falls with it:

https://www.youtube.com/watch?v=ULQSPaLSOxk


- Reunion the community - we all want the same  - scale !

Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
spartacusrex
Hero Member
*****
Offline Offline

Activity: 718
Merit: 545



View Profile
December 14, 2016, 10:43:50 AM
 #14

..SegWit is to prepare the network for Blockstream proprietary off-chain scaling solution that will allow them to 'shift' network fees away from miners and into their own hands.  

It is nothing less than a Coup d'état*

.. hmmm..

no - I'm afraid it's not.

ANYONE can use SEGWIT / LIGHTNING NETWORK / SIDECHAINS / OFF-CHAIN scaling solution. A.N.Y.O.N.E.

It is OPEN SOURCE.

It is NOT PROPRIETARY.

I'll admit - It is quite complicated (to set up an LN network / Sidechain), and requires SKILL / KNOWLEDGE, and yes, if you wanted someone to set it up for you, Blocksteam would be my first choice. Is that a crime now ?

so please.. '..It's a little early in the morning for Kung Fu..'

..

@OP - Can you come up with a FIX for txn malleability (the root of MANY issues) ? If you can, I'm all ears.

Life is Code.
aarturka
Sr. Member
****
Offline Offline

Activity: 277
Merit: 250


View Profile
December 14, 2016, 12:04:05 PM
 #15

Actually we don't have a choise. Bitcoin must evolve to satisfy demand for increasing number of transactions as more and more people are using it. And Core is the best team in this field. Nobody came with a better solution and nobody can.
In short we accept Segwit and those who don't like it, can sell their bitcoins and buy dogcoin or whatever
Yutikas_11920
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
December 14, 2016, 12:41:05 PM
 #16

Actually we don't have a choise. Bitcoin must evolve to satisfy demand for increasing number of transactions as more and more people are using it. And Core is the best team in this field. Nobody came with a better solution and nobody can.
In short we accept Segwit and those who don't like it, can sell their bitcoins and buy dogcoin or whatever

Hmm, it does have a level of weakness in the bitcoin system. Because the owner or creator of the bitcoin did not want to reveal his identity and that is a hard thing to browse, because it will only make us become crazy because all the data jerumus to the owner of the bitcoin must have been in the faces. Although we cannot make deals bigger, but it's all already gives us a pretty good advantage when we can use the bitcoin correctly. This problem may be able to overcome if it is indeed the owner of the bitcoin appear or there might be a person who helps to fix this problem
unamis76
Legendary
*
Offline Offline

Activity: 1512
Merit: 1005


View Profile
December 14, 2016, 12:51:06 PM
 #17

Free Market FTW!

Indeed... Couldn't agree more.


On subject: If you're not upgrading, I assume you're against any scaling solution. SegWit is the only scaling solution that's been tried, tested and thus far supported by most people... Is SegWit the best solution? Maybe not. But it's the best we have so far and we have to work with it.

As for Satoshi, I hope you're sitting while waiting for his opinion on the matter. I also wonder why would his opinion influence yours and influence Bitcoin's destiny so much...

the funny thing is that nobody cares what we do, whether we upgrade to segwit or not, implementing it would fall to what miners decide since they are the ones signalling segwit implementation.

in other words if all nodes switch to segwit the percentage is still a plateau at 24% https://blockchain.info/charts/bip-9-segwit

This is part of what I wanted to include in my post too.
franky1
Legendary
*
Offline Offline

Activity: 4214
Merit: 4454



View Profile
December 14, 2016, 02:25:34 PM
 #18

@OP - Can you come up with a FIX for txn malleability (the root of MANY issues) ? If you can, I'm all ears.

transaction malleability..

what does it solve. you show me what you think it solves and i can easily counter it with how that is an over hyped exaggeration used to push bitcoin in one direction that does not really give us any more expectations than the 'possibles' of 2009-2013

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
muhcoins
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
December 14, 2016, 03:01:34 PM
 #19

..SegWit is to prepare the network for Blockstream proprietary off-chain scaling solution that will allow them to 'shift' network fees away from miners and into their own hands.  

It is nothing less than a Coup d'état*

.. hmmm..

no - I'm afraid it's not.

ANYONE can use SEGWIT / LIGHTNING NETWORK / SIDECHAINS / OFF-CHAIN scaling solution. A.N.Y.O.N.E.

It is OPEN SOURCE.

It is NOT PROPRIETARY.

I'll admit - It is quite complicated (to set up an LN network / Sidechain), and requires SKILL / KNOWLEDGE, and yes, if you wanted someone to set it up for you, Blocksteam would be my first choice. Is that a crime now ?

so please.. '..It's a little early in the morning for Kung Fu..'

..

@OP - Can you come up with a FIX for txn malleability (the root of MANY issues) ? If you can, I'm all ears.


perfect!
i'm not a technician but from everything i've seen it's the best solution for the problems we have right now(i've upgraded already).

a few users always try to go against it, but generally it's just like this thread:
"i'm not upgrading! reasons? because i dont want to".

sometimes starts a whole conspiracy theory, but i never seen any fact.

Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1011



View Profile
December 14, 2016, 03:03:24 PM
 #20

What if we only accept SegWit, but refuse the next step such as LN or something else that we don't know yet?

SegWit Allow LN.
Block Inflate don't do this ... AT ALL.

SegWit solve malleability hole and double-spend.
Block Inflate don't solve this ... AT ALL.

SegWit allow the SPV mode for the whole network WITH malleability FIX (include NODES).
Block Inflate don't introduce this ... AT ALL.





Block Inflate is for members that they don't see the network solution.
Only the coin/fees result ... in SPV world of wallet (on phones or exchanges or block explorer).

Pages: [1] 2 3 4 5 6 7 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!