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Author Topic: bitcoin Capacity problems  (Read 561 times)
sovereignme (OP)
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January 23, 2017, 04:40:26 AM
 #1

bitcoin  Capacity problems  Have any progress?
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January 23, 2017, 05:36:25 AM
 #2

there have been some proposals for increasing the bitcoin block size and the one that currently we are waiting for is called Segregated Witness (SegWit) which you can read about an see the progress of here: https://bitcoincore.org/en/segwit_adoption/

it should be 95% to be activated.

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sovereignme (OP)
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January 23, 2017, 06:04:50 AM
 #3

there have been some proposals for increasing the bitcoin block size and the one that currently we are waiting for is called Segregated Witness (SegWit) which you can read about an see the progress of here: https://bitcoincore.org/en/segwit_adoption/

it should be 95% to be activated.

thanks
deadsilent
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January 23, 2017, 06:08:29 AM
 #4

This is the problem that bitcoin is will face in the future. Thats why SegWit(SegregatedWitness) is being discussed. SegWit could solve this problem when it happen. It says that it must reach atleast 95% to be happen. As of now, the progress is very weak. We are at 30% below. Many people are still dont agree agree with SegWit.
sovereignme (OP)
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January 23, 2017, 09:03:04 AM
 #5

This is the problem that bitcoin is will face in the future. Thats why SegWit(SegregatedWitness) is being discussed. SegWit could solve this problem when it happen. It says that it must reach atleast 95% to be happen. As of now, the progress is very weak. We are at 30% below. Many people are still dont agree agree with SegWit.

thanks
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January 23, 2017, 09:21:32 AM
 #6

It says that it must reach atleast 95% to be happen. As of now, the progress is very weak. We are at 30% below.

That's Bitcoin's biggest strength. It just goes on to show that it's very secure and prone to political bullshit. I invested in Bitcoin that can't be easily changed by any entity and so far it delivers.

░★░★░★░   freedomnode.com - BTCitcoin, Cryptography & Decentralization   ░★░★░★░
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January 25, 2017, 02:22:46 AM
 #7

It says that it must reach atleast 95% to be happen. As of now, the progress is very weak. We are at 30% below.

That's Bitcoin's biggest strength. It just goes on to show that it's very secure and prone to political bullshit. I invested in Bitcoin that can't be easily changed by any entity and so far it delivers.
That is the greatest advantage of bircoin, it can not be influenced or affected by political aspects. Secure enough for transaction, savings and trading. The greatest thing is this, no taxes from the government charged on it since it is a cryptocurrency. Bitcoin should be the future money.



BIG WINNER!
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Rainbot
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January 25, 2017, 08:21:12 AM
 #8

It says that it must reach atleast 95% to be happen. As of now, the progress is very weak. We are at 30% below.

That's Bitcoin's biggest strength. It just goes on to show that it's very secure and prone to political bullshit. I invested in Bitcoin that can't be easily changed by any entity and so far it delivers.
That is the greatest advantage of bircoin, it can not be influenced or affected by political aspects. Secure enough for transaction, savings and trading. The greatest thing is this, no taxes from the government charged on it since it is a cryptocurrency. Bitcoin should be the future money.

That's not true. The majority of miners and node owners still look to some key opinion leaders in the field.

Currently they are scrambled as to what is the best direction to take, but if the key people align their opinion, that 95% will happen in a matter of days. And you bet this can be influenced with the right incentives.
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