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Author Topic: Erik Voorhees: SegWit should be activated  (Read 2131 times)
franky1
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April 04, 2017, 08:30:30 PM
 #21

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

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April 04, 2017, 08:35:42 PM
 #22

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.
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April 04, 2017, 08:47:46 PM
 #23

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.


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April 04, 2017, 08:50:47 PM
 #24

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

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April 04, 2017, 08:54:56 PM
 #25

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

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April 04, 2017, 10:19:06 PM
 #26

>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%.

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April 04, 2017, 10:42:55 PM
 #27

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.

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April 04, 2017, 11:03:50 PM
 #28

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.

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April 04, 2017, 11:11:38 PM
 #29

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.
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April 05, 2017, 06:39:34 AM
 #30

>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.

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April 05, 2017, 06:52:22 AM
 #31

Erik "The Teflon Don" Voorhees supports SegWit?

That's just another good reason to hate SegWit.

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April 05, 2017, 04:32:08 PM
 #32

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...
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April 05, 2017, 04:34:25 PM
 #33

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 Wink
Don't be so pessimistic.
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April 05, 2017, 05:07:59 PM
 #34

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 Wink
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.

i don't post much, but this space for rent.
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April 05, 2017, 07:28:12 PM
 #35

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 Wink
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?
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April 05, 2017, 07:35:50 PM
 #36

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 Wink
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*

i don't post much, but this space for rent.
JanpriX
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April 05, 2017, 07:40:34 PM
 #37

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).
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April 05, 2017, 07:51:02 PM
 #38

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
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April 05, 2017, 09:07:57 PM
 #39

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.
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April 05, 2017, 09:28:03 PM
 #40

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  Cry

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 Huh


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  Shocked
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