Erik Voorhees: SegWit should be activated

[Andy0303]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

[1715573605]

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[redsn0w]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

Source?

[K128kevin2]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

Source?

He tweeted it earlier and later clarified his position on Reddit.

[Xester]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

Well I hate to admit it but bitcoin needs to bring back its reputation the sooner as possible. This way bitcoin supporters will not migrate into other altcoins as their trust was wavered due to fear and panic that bitcoin will crash. Aside from that we need to make the transactions faster and efficient since countries are already adopting the use of bitcoin and to make the use of bitcoin in local shops possible.

[stdset]

Source?

https://twitter.com/ErikVoorhees/status/848923955700391938

[amacar2]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

Source?

His twitter post: https://twitter.com/ErikVoorhees/status/848923955700391938
His reddit post: https://www.reddit.com/r/Bitcoin/duplicates/6385il/erik_voorhees_segwit_should_be_activated_the/

[jackydm168]

>90% Core full nodes
it will be hard to explain that in fact 90% support BU
let's activate segwit
miners do their job or users will do UASF

[SONG GEET]

>90% Core full nodes
it will be hard to explain that in fact 90% support BU

Actually miners are still supporting unlimited. http://xtnodes.com/
Bitcoin Unlimited blocks: 388  ( 38.8% )  
Bitcoin Classic blocks: 2  ( 0.2% )
SegWit blocks: 281  ( 28.1% )

But within next few months they may move towards segwit. Bitcoin users don't like to have network split with hard fork but miners seem to have different motivation to support hard fork.  

[K128kevin2]

>90% Core full nodes
it will be hard to explain that in fact 90% support BU

Actually miners are still supporting unlimited.

That's why he said nodes instead of miners 

[Carlton Banks]

Let's compare some 2011-2013 early Bitcoin entrepreneurs



Charlie Shrem

Charlie ran a legally registered, known entity business in the US. The basis of that business (BitInstant) was 100% legal according to US and NY law (BitInstant was based in New York).

Charlie did something foolish: he accepted large informal BTC buy orders from someone who got the BTC from the original Silk Road website (or maybe one of the others, but basically from some online drug marketplace). Charlie got prosecuted when the dude selling to him was caught. Charlie did jailtime for that.

Erik Voorhees

Erik ran an unregistered gambling business called SatoshiDice, while apparently living in the US and definitely accepting US customers. This is all 0% legal in the US, gambling websites serving US citizens is a criminal offence according to US federal law.

Erik did a mysterious business transaction whereby he sold SatohiDice.com (and it's source code) to an unknown buyer. SatoshiDice.com closed very soon afterwards.

Erik then opened Shapeshift.io sohortly after that, from the well known Central American CIA vassal state, Panama. Erik apparently has lived in Panama ever since, and continues to run Shapeshift.io from Panama, presumably with zero interference from the political force that runs Panama, the CIA. And also without interference from the US government, despite his committing criminal offenses publicly while running Satoshi Dice (and in a legal gray area with respect to running Shapeshift.io)



When one considers the gravity of Shrem's crime (small illegal deals in an otherwise legal exchange business) with the gravity of Voorhees' crimes (entirely legal business models from the top downwards), it's difficult not to wonder what exactly it is that makes Erik Voorhees immune to prosecution.

[NeuroticFish]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

Source?

His twitter post: https://twitter.com/ErikVoorhees/status/848923955700391938
His reddit post: https://www.reddit.com/r/Bitcoin/duplicates/6385il/erik_voorhees_segwit_should_be_activated_the/

https://www.reddit.com/r/Bitcoin/comments/6385il/erik_voorhees_segwit_should_be_activated_the/dfsj7km/

Basically, like everybody said: Bitcoin need to advance in a way or another. The money flow bottleneck should be eliminated as soon as possible to help everybody benefit of it.
The technical details everybody fights over are the most insignificant for the business men and the end user. Only the result is important: the bottleneck is not acceptable.

[franky1]

im not surprised

http://dcg.co/portfolio/#s
oh look shapeshift

http://dcg.co/portfolio/#b
oh look blockstream
oh look btcc

http://dcg.co/portfolio/#c
oh look coinbase

[zimmah]

>90% Core full nodes
it will be hard to explain that in fact 90% support BU

Actually miners are still supporting unlimited. http://xtnodes.com/
Bitcoin Unlimited blocks: 388  ( 38.8% )  
Bitcoin Classic blocks: 2  ( 0.2% )
SegWit blocks: 281  ( 28.1% )

But within next few months they may move towards segwit. Bitcoin users don't like to have network split with hard fork but miners seem to have different motivation to support hard fork.  

Ask yourself this:

Who created the divide in the community?   
Core or BU?


BU is not the cause, BU is the result of what Core caused.

[Kprawn]

Being a early adopter will not shift people's ideas about this whole issue, but some people might value his opinion. He is after all very

knowledgeable on the subject, so normal non-technical followers will definitely follow his example. The most important factor to weigh in here is,

early adaptors have loads of coins and they will go with the implementation that would be the safest option for their hoard. Erik should still have

a massive amount of bitcoins.   

[jonald_fyookball]

im not surprised

http://dcg.co/portfolio/#s
oh look shapeshift

http://dcg.co/portfolio/#b
oh look blockstream
oh look btcc

http://dcg.co/portfolio/#c
oh look coinbase

Erik, dissapointing bro to see
you support segwit.

Are these millions in VC influencing you?
 
Why segwit?  Why not speak the truth
about core?

[hv_]

Why is bitcoin about specific central individuals? 

Yahhhn

[franky1]

Why is bitcoin about specific central individuals?  

Yahhhn

mention say 100 people to appear like its not 10 people with puppetstrings.

but then call millions of people things like
'but the well ESTABLISHED .. TRUSTED ..TEAM"
"not smart"
"shills"
"altcoiners"

[Emoclaw]

Too bad, neither SegWit nor Unlimited will reach their target support %.
I could see BU reaching 51% though, where if they forked at that point, it wouldn't be anything out of the ordinary.

[Denker]

Well I support and prefer SegWit as well.
But I give a damn what Vorhees has to say. That guy is shady as f*** and in no way any better than Ver!
When he tweets something like that, altough mostly belonging to the Ver camp, then he has an agenda going.

[coolcoinz]

Too bad, neither SegWit nor Unlimited will reach their target support %.
I could see BU reaching 51% though, where if they forked at that point, it wouldn't be anything out of the ordinary.

BU was looking good about 2 weeks ago, after the antpool news. Since then they lost some support and slowed down, they won't win unless they persuade (pay?) another big pool to join their cause.
I think SegWit is a good option, much better and than BU and it wouldn't divide the community as much as BU would.

[franky1]

Too bad, neither SegWit nor Unlimited will reach their target support %.
I could see BU reaching 51% though, where if they forked at that point, it wouldn't be anything out of the ordinary.

BU was looking good about 2 weeks ago, after the antpool news. Since then they lost some support and slowed down, they won't win unless they persuade (pay?) another big pool to join their cause.
I think SegWit is a good option, much better and than BU and it wouldn't divide the community as much as BU would.

segwit would divide the community. but while you are in the cesspit of pruned no witness nodes being reliant on upper tier blockstream nodes, you will be told to go back to sleep and everything is alright

[cryp24x]

Too bad, neither SegWit nor Unlimited will reach their target support %.
I could see BU reaching 51% though, where if they forked at that point, it wouldn't be anything out of the ordinary.

BU was looking good about 2 weeks ago, after the antpool news. Since then they lost some support and slowed down, they won't win unless they persuade (pay?) another big pool to join their cause.
I think SegWit is a good option, much better and than BU and it wouldn't divide the community as much as BU would.

segwit would divide the community. but while you are in the cesspit of pruned no witness nodes being reliant on upper tier blockstream nodes, you will be told to go back to sleep and everything is alright

I guess any implementation will divide the community.  May it be Segwit by BCore or Bigger Block size by BU.  I cannot see any solution that will not split the community the way I see the reaction of individual.  Though I hope if ever BC's segwit or BU's larger block size is implemented, would have a minimal negative effect to Bitcoin in its entirety.

[franky1]

Too bad, neither SegWit nor Unlimited will reach their target support %.
I could see BU reaching 51% though, where if they forked at that point, it wouldn't be anything out of the ordinary.

BU was looking good about 2 weeks ago, after the antpool news. Since then they lost some support and slowed down, they won't win unless they persuade (pay?) another big pool to join their cause.
I think SegWit is a good option, much better and than BU and it wouldn't divide the community as much as BU would.

segwit would divide the community. but while you are in the cesspit of pruned no witness nodes being reliant on upper tier blockstream nodes, you will be told to go back to sleep and everything is alright

I guess any implementation will divide the community.  May it be Segwit by BCore or Bigger Block size by BU.  I cannot see any solution that will not split the community the way I see the reaction of individual.  Though I hope if ever BC's segwit or BU's larger block size is implemented, would have a minimal negative effect to Bitcoin in its entirety.

segwit thinks if it just has the pools making the nodes and about 100 FIBRE network nodes validating the data.. and then filtering STRIPPED data downstream to second layer lite, prunned, no-witness nodes is a good thing..

other implementations want the dozen different brands of thousands of nodes to all be on an equal playing field where no one is a upper/lower control. no different levels of importance. and no power house.
where nodes themselves show the settings they prefer in their user agents and the majority count is what pools then follow below. only moving beyond the minority, which the minority can adjust their preferences.

[andrew24p]

Uh oh watch out Erik, now BU is going to abandon you as an oracle.

[franky1]

Uh oh watch out Erik, now BU is going to abandon you as an oracle.

first mistake is thinking its only a BU vs debate

[arklan]

>90% Core full nodes
it will be hard to explain that in fact 90% support BU
let's activate segwit
miners do their job or users will do UASF

prove it. with facts.

there is no proof for 90% support for anything in bitcoinland. it doesn't exist. except maybe greed, and i seriously doubt there's a 90% agreement on that.

edit: we're never going to reach any consensus about this scaling thing, not BU, not core, not segwit. i'd honestly be shocked to see any of them reach 60%.

[Snorek]

SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

[shinratensei_]

Too bad, neither SegWit nor Unlimited will reach their target support %.
I could see BU reaching 51% though, where if they forked at that point, it wouldn't be anything out of the ordinary.

BU was looking good about 2 weeks ago, after the antpool news. Since then they lost some support and slowed down, they won't win unless they persuade (pay?) another big pool to join their cause.
I think SegWit is a good option, much better and than BU and it wouldn't divide the community as much as BU would.

segwit would divide the community. but while you are in the cesspit of pruned no witness nodes being reliant on upper tier blockstream nodes, you will be told to go back to sleep and everything is alright

I guess any implementation will divide the community.

The community already divided, You don't need to see the implementation. The implementation will give more gaps among both of the parties.  

May it be Segwit by BCore or Bigger Block size by BU.

No one knows both are having equal vote powers. SegWit less than BU (little).

I cannot see any solution that will not split the community the way I see the reaction of individual.  

Don't you? The more solution will change the people's mind.

Though I hope if ever BC's segwit or BU's larger block size is implemented, would have a minimal negative effect to Bitcoin in its entirety.

For the minimum negative effect for the bitcoin and I will choose SegWit to be the bitcoin scalability solution.
SegWit offers the blocksize increase 2MB.

[Yakamoto]

SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

I already said what I'm about to say in another thread, but the fact is you aren't wrong.

I would prefer to see more devs come out with their own systems and concepts for solving the blocksize issue, and we can see if there's something of value that can be used and added, but right now Segwit is looking like a pretty good solution for the entire debate. Now it comes down to how much the community will consider it.

[andrew24p]

>90% Core full nodes
it will be hard to explain that in fact 90% support BU
let's activate segwit
miners do their job or users will do UASF

prove it. with facts.

there is no proof for 90% support for anything in bitcoinland. it doesn't exist. except maybe greed, and i seriously doubt there's a 90% agreement on that.

edit: we're never going to reach any consensus about this scaling thing, not BU, not core, not segwit. i'd honestly be shocked to see any of them reach 60%.

Nodes are rigged anyway, I could put up 100 myself if I wanted to blow the money.

[QuestionAuthority]

Erik "The Teflon Don" Voorhees supports SegWit?

That's just another good reason to hate SegWit.

[classicsucks]

SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

[K128kevin2]

SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through
Don't be so pessimistic.

[arklan]

SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through
Don't be so pessimistic.

but pessimism is all we HAVE!! don't take away our hate and FREEDOM!

...the above is sarcastic, if you can't tell.

[classicsucks]

SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through
Don't be so pessimistic.

but pessimism is all we HAVE!! don't take away our hate and FREEDOM!

...the above is sarcastic, if you can't tell.

Just a prediction. Perhaps a wager would be in order?

No hate. Are you selling any other straw men?

[arklan]

SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through
Don't be so pessimistic.

but pessimism is all we HAVE!! don't take away our hate and FREEDOM!

...the above is sarcastic, if you can't tell.

Just a prediction. Perhaps a wager would be in order?

No hate. Are you selling any other straw men?

i know this wasn't in response to me, but -

i've got a kidney i could spare. i'll sell ya that! maybe half a liver? seriously, these are my assets these days... *cough*

[JanpriX]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

My only hope is that we get over this the sooner which is also better for the community. If this drags for too long, many investors will try to look for other altcoins and people will be less interested to BTC because of the problems we are experiencing right now. It is inevitable that BTC will implement BU or Segwit. We need to move forward and progress with the correct technology to come up with a solution. Currently at coin dance, BU has 37.9% and SegWit has 32.4% pool support (last 1000 blocks).

[felipehermanns]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

My only hope is that we get over this the sooner which is also better for the community. If this drags for too long, many investors will try to look for other altcoins and people will be less interested to BTC because of the problems we are experiencing right now. It is inevitable that BTC will implement BU or Segwit. We need to move forward and progress with the correct technology to come up with a solution. Currently at coin dance, BU has 37.9% and SegWit has 32.4% pool support (last 1000 blocks).

Why nodecounter shows different numbers? I think nodecounter is pro BU.

[K128kevin2]

Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

My only hope is that we get over this the sooner which is also better for the community. If this drags for too long, many investors will try to look for other altcoins and people will be less interested to BTC because of the problems we are experiencing right now. It is inevitable that BTC will implement BU or Segwit. We need to move forward and progress with the correct technology to come up with a solution. Currently at coin dance, BU has 37.9% and SegWit has 32.4% pool support (last 1000 blocks).

Why nodecounter shows different numbers? I think nodecounter is pro BU.

Look at the "public service announcement" you get for /r/BTC upon opening nodecounter. Of course they're pro VerCoin.

[FandangledGizmo]

As soon as BU took the lead, the BTC price floundered and then dropped heavily on the joint exchange announcement that BU might actually happen  

I also don't see a lot of altcoins adding anything regarding BU, or new BTC clones with BU coming out and or being popular/gaining value


Meanwhile... When Segwit was in the ascendancy Bitcoin was hitting all time highs.

I also see loads of altcoins rushing to adopt Segwit and just like BTC did rising in value as a result.

The most notable of course being Litecoin exploding thanks to potential Segwit adoption.

So Erik Vorhees likes money  

[andron8383]

***
Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through
Don't be so pessimistic.

95% hash power to activate it - THIS IS JOKE
in real elections you have usually 50%/50%...
and here you want 95% THIS IS JOKE
this is born to fail man.
Same time loooong before BTC ETH will have their own LN clone (Rainen)...
And gain BTC will be prooven as win3.11 system not really reliable to use as main base of something.
When even BU and mines don't care to solve bug problems - malleability.
Who will give a shit to such attitude in long run.

Don't call me prophet but chart shows that changes are comming.
http://coinmarketcap.com/charts/#btc-percentage

[Pab]

Sooner all that debate will finish better,it can be like that longer time,etherum is better,devs are submiting his proposals and community talk about it and vote with his wallets,Bitcoin need to comebaci on decntralisation road,two btc network it will be nighthmare,i will escape if that scenario occure.Now there is only stupid talks btc core that bu that,like angry kids who are jalous about toy.And some new proposal are appearing creating more sensless talks

[FandangledGizmo]

***
Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through
Don't be so pessimistic.

95% hash power to activate it - THIS IS JOKE
in real elections you have usually 50%/50%...
and here you want 95% THIS IS JOKE
this is born to fail man.
Same time loooong before BTC ETH will have their own LN clone (Rainen)...
And gain BTC will be prooven as win3.11 system not really reliable to use as main base of something.
When even BU and mines don't care to solve bug problems - malleability.
Who will give a shit to such attitude in long run.

Don't call me prophet but chart shows that changes are comming.
http://coinmarketcap.com/charts/#btc-percentage

You're right about the 95% being a serious design error.

However I wouldn't worry too much about transaction count. Bitcoin is the digital gold, the reserve currency of the Internet. It can be used less and cost more to transact than competitors provided it stays sturdy, safe, reliable and immutable.

The era of profitable blockchain applications is only getting started so yes BTC relative market share could fall but as you can see it will still rise in value and has been the best performing currency vs. Gold/silver/fiat for 3 of the last 4 years. (Only BU has been able to damage BTC recently because it is anathema to what gives BTC value in the first place)

[European Central Bank]

as long as it remains 95% segwit will never, ever, ever activate.

even if you got almost everyone on board there'd still be enough miners who never check the news or simply don't care. litecoin have gone the right way about it.