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Author Topic: [2017-04-02] Lerner Offers a Block Size Compromise with Segwit2MB  (Read 218 times)
tyz
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April 02, 2017, 09:29:44 AM
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Lerner Offers a Block Size Compromise with Segwit2MB

Security expert with Rootstock Smart Contracts, Sergio Demian lerner, tweeted March 31 about a “Segwit2MB” compromise for the block size concern. Lerner seeks to combine a hard fork with a soft fork as a solution. He meant for this idea to dissolve some of the rampant politicking that is miring the Bitcoin community in verbal warfare.

https://news.bitcoin.com/lerner-offers-a-block-size-compromise-with-segwit2mb/

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 04, 2017, 07:29:57 AM
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BU is trying to force their way on community, could do it with only 51%. Segwith takes 95%, so it needs to be nearly unanimous to activate. Segwit significantly mitigates need for BU, and with lightning network on top the blocksize issue would more or less disappear, while BU is just a bandaid on antiquated tech.

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April 04, 2017, 09:42:46 AM
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Segwit and BU represent the two possible distractions from the healthy balance of the early Bitcoin: the parasitic direction and centralized direction, respectively. These two forces will emerge (in one form or another) in every altcoin as well, no matter what it looks like. Bitcoin, because of its size, is just the first coin that arrived to this junction in all its severity. Don’t allow the self image of “advanced, coherent communities” which many altcoins sell to affect you so much.

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