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Question: Whom do you support BU or SegWit  (Voting closed: April 15, 2017, 12:38:49 PM)
Bitcoin Unlimited - 19 (32.8%)
SegWit - 39 (67.2%)
Total Voters: 58

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Author Topic: Bitcoin Unlimited v/s SegWit  (Read 5828 times)
Luke Fox
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April 17, 2017, 06:27:39 AM
 #41

Here is one of the good article which shows difference between SegWit and BU

https://medium.com/@opinderpreet/bitcoin-scaling-issue-what-it-means-for-common-man-and-how-they-can-escape-from-it-5ada1a6900b7
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April 17, 2017, 08:34:47 AM
 #42

segwit is a better option to go for....atleast the adoption of segwit won't bring any "Coin Split" kind of situation...and yeah it will also be helpful in solving the issues of "transaction malleability" the so called "bITCOIN bUG"

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April 17, 2017, 04:58:01 PM
 #43

is the blockchain already splitted?

As i can see the BTU Coins in coinmarketcap

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April 17, 2017, 05:02:54 PM
 #44

is the blockchain already splitted?

As i can see the BTU Coins in coinmarketcap
No. No fork has happened yet. The BTU coins you see are not actual coins but rather promises of future BTU coins after a BU hard fork.

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April 17, 2017, 05:05:20 PM
 #45

is the blockchain already splitted?

As i can see the BTU Coins in coinmarketcap
No. No fork has happened yet. The BTU coins you see are not actual coins but rather promises of future BTU coins after a BU hard fork.

I see. So both segwit and btu fork is not active yet. Thanks for the information

Anyhow regarding on either we will have btc or btu, is there a particular date where a decision will be made?

If yes, who made the decision on whether we will be going for btc, btu or even both?

Thanks

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.
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April 17, 2017, 05:10:35 PM
 #46

I see. So both segwit and btu fork is not active yet. Thanks for the information

Anyhow regarding on either we will have btc or btu, is there a particular date where a decision will be made?

If yes, who made the decision on whether we will be going for btc, btu or even both?

Thanks
No, there is no entity or central group of people that decides whether we use one proposal or another. The closest thing we have to that are miners, but the miners are not a cohesive group of people. There is no date or deadline for one proposal to activate.

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April 17, 2017, 06:38:55 PM
 #47


SegWit is bound to fail. Bitcoin is what it is today because people want freedom from banks. That cat is out of the bag and no matter what Blockstream/Core/AXA/Henri de Castries/Bilderberg do, short of rounding us all up, people will use the software that allows them pure p2p transactions on-chain. And as long as there are people who want that, there will be people who mine that way.

Right now, there are easily enough miners to start mining bigger blocks. If we forked to bigger blocks today it would kill Core-allied miners because they would take forever to mine a 1MB block, and it would get worse as smaller SW miners jumped ship. Meanwhile, big block miners would lose hashing power, but could mine bigger blocks to compensate.

I think the only reason they're waiting now is for a smoother transition process for everyone.

I'm grumpy!!
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