Bitcoin Unlimited v/s SegWit

[Luke Fox]

What's your support?

[1715268272]

1715268272

[1715268272]

1715268272

[1715268272]

1715268272

[1715268272]

1715268272

[1715268272]

1715268272

[Lera Marlow]

Segwit may be it not solve the all problems which btc facing now a days but at least better than BU in which  2 bugs  already found

so my vote goes to Segwit. 

[Stedsm]

What I don't like about BU is, they are trying to split and gather a big community compared to Bitcoins and they think they would succeed, but that would never happen. Bitcoin has always been the best, no such major bugs found and only scaling problems have been in since, I feel there should be no hard fork to take place and having great news such as Japan legalizing Bitcoins, I think I will be going for Segregated Witness only.

[Megaquake]

I do not support either but looks like f2pool is now signaling BU support, what percent are we at?

[jonsnow888]

You can check current support % for both of them here: https://coin.dance/blocks

[praxeology]

Where is the "Both with fork, and Unlimited also adopts SegWit in their fork because its good and not orthogonal" option?

[scox]

Segwit for the simple fact BU is an outrage.
Scaling issues although aren't being directly addressed by Core which I strongly disagree with...
Hopefuly the devs will wise up and get to action

[freebutcaged]

Well f2pool is undecided as it seems because they're signaling all three proposals at the same time, unlimited, 8MB, segwit.
I'd go with unlimited as long as they do it with 75% consensus because segwit is going to change a lots of things which are not in the interests of end users.

[Technologov]

I support Big Blocks. Not necessarily BU; Bitcoin XT with BIP-101 also good.

But in this poll, Bitcoin Unlimited wins for me.

[unamis76]

Choices are not so black and white. There was already a more comprehensive poll regarding this..

[diagla]

I think there are issues with both sides. It feels like a propaganda war. What I do know though is that BU has too many bugs to implement and that we do have the issue of scaling and fees.

[K128kevin2]

Choices are not so black and white.

While I think that everybody is entitled to an opinion, Bitcoin Unlimited is just plain wrong and irresponsible.

[.crypto]

I really hope that bitcoin does not fork. A hardfork is just not needed at this time (and it is very risky). Its better to implement Segwit with Lightning first. If later it becomes necessary, a hardfork (BU) can always be implemented.

[Searing]

I really hope that bitcoin does not fork. A hardfork is just not needed at this time (and it is very risky). Its better to implement Segwit with Lightning first. If later it becomes necessary, a hardfork (BU) can always be implemented.

Still think the BU folk.... should just accept Seg Wit...up to this point anyway....see how it goes.....THEN make the case once that is done. Less risky then a hard fork and would show at least one camp acting like an adult imho.

unlikely but a guy can hope...

[gourl.io]

Our payment gateway GoUrl.io will support "Bitcoin Unlimited".

As we wrote in other topic, "Gourl.io Bitcoin Gateway pays $500-600 per day as transaction fees for forwarding payments to our customers. It is expensive!"

Segregated Witness is not good solution ...

[K128kevin2]

Our payment gateway GoUrl.io will support "Bitcoin Unlimited".

As we wrote in other topic, "Gourl.io Bitcoin Gateway pays $500-600 per day as transaction fees for forwarding payments to our customers. It is expensive!"

Segregated Witness is not good solution ...

I wonder how you manage to pay $500-600 per day on tx fees if nobody actually uses your service 

[gourl.io]

Our payment gateway GoUrl.io will support "Bitcoin Unlimited".

As we wrote in other topic, "Gourl.io Bitcoin Gateway pays $500-600 per day as transaction fees for forwarding payments to our customers. It is expensive!"

Segregated Witness is not good solution ...

I wonder how you manage to pay $500-600 per day on tx fees if nobody actually uses your service 

10,000 websites using our gateway
2,000 wordpress websites using our wp gateway plugin according statistics on wordpress.org - https://wordpress.org/plugins/gourl-bitcoin-payment-gateway-paid-downloads-membership/

For example, Bitpay.com wp plugin using only 800 websites - https://wordpress.org/plugins/bitpay-for-woocommerce/ 

[gourl.io]

(Some reasons) Why segregated-witness is bad -

https://www.reddit.com/r/btc/comments/5zn4oi/some_reasons_why_segregatedwitness_is_bad/


1) segregated witness is a big change from the whitepaper, it changes fundamental concepts and outlines of Bitcoin.
2) it adds a huge more 'technical debt' which will make actually fixing the blocksize problem much, much harder than it is right now.
3) it does not actually fix anything regarding scaling, it merely pushes the issue off for another 6 months-2years, but if btc survives we will be back here discussing these same things again, but with more difficultly as segregated witness makes solving the blocksize issue much more difficult on a technical level
4) there is a massive, absolutely huge amount of misinformation and lies that are being used to try and persuade people to use segregated witness, I don't usually like things that have to be lied about to sound good.
5) segregated witness does not double the block size, far from it. In fact bitcoinCore gives an estimate of 1.6 or 1.7 times the current size (which was too small over a year ago if we want to avoid full blocks like Satoshi said we should). They estimate that we could get up to 2MB with a working LN (not yet developed)
6) it increases the amount of data that is sent at a higher rate than it increases capacity, increasing waste
7) segregated witness as a soft fork includes far more technical debt than as a hard fork, which makes all the above problems worse
8 ) there is no reason why a hardfork would be bad if the supermajority if the hashpower was needed to be using it before it activates, such a well prepared fork is just an upgrade
9) the things that segregated witness does do (tx malleability) can be done with FT or something better than segregated witness, or segregated witness as a hard fork (to lessen the amount of technical debt that will interfere with a real scalability fix)
.

[Rakete4]

(Some reasons) Why segregated-witness is bad -

https://www.reddit.com/r/btc/comments/5zn4oi/some_reasons_why_segregatedwitness_is_bad/

.

So what's the exact reason then that Segwit is bad?
If you aren't able to say it in your own words instead of just dumping a like, there probably isn't any.

Besides that, this link is 22 days old. Don't you follow the news?
Bitmain-miners aren't signiling for BU because they think it's good, they signal for it to preserve their 20% additional profit from covert ASICboost, which is huge in a low margin business like mining.

[0xfff]

I think both have good technologies that could help improve bitcoin. The problem is with the people behind each organization. Bitcoin politics is not fun to deal with. There is too much drama, hate, and attempted attacks to take over bitcoin.