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Author Topic: The Answer to the 1MB BitCoin problem!  (Read 2132 times)
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cengsuwuei
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April 05, 2017, 12:36:33 PM
 #41

if bitcoin transaction is very high and unconfirmation transaction is big
i think still need incraese block size, because with incraese block size can fast time confirmation transaction


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April 05, 2017, 12:54:24 PM
 #42

not 100% clear on your plan but the core team has refused to increase block size for years.
They only want to scale according to their own roadmap, no matter how good your plan is.
They are decidedly against on chain scaling by design.  That's why BU became necessary.

But don't you see how BU will crash the price making both BUcoin holders and BTC holders poorer?

Majority of nodes and majority of relevant people all want segwit and rejected BU, but some people are delusional about the acceptance of BU because a couple miners are signaling for it.

The end result is people will end up in LTC because it will have segwit and LN sooner than BTC (if BTC ever gets it, in that case it may stagnate at best or crash at worst due HF)
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April 05, 2017, 01:06:22 PM
 #43

Probably the author was pro segwit and places and enormous effort to post this kind of topic to convince everyone that segwit is the answer to the problems on bitcoin. He wants to convince us that the only way for bitcoin to be better is to increase the blocksize to 2 mb but even though we increase it to 2 mb we will still have problems on scaling. Though there are already ways to help segwit scale but the problem lies on the miner fees since it is rumored that miner fees will increase again.
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April 15, 2017, 05:08:37 AM
 #44

I am pretty optimistic in this.

I believe there will be a hard fork into bitcoin for china, and bitcoin for ex-china.
I believe both will go up in price.
Bitcoin china will be pumped up high by over 1 billion population adopting it.
Bitcoin ex-china can proceed with segwit and ln and more corporations adopting it and will be pumped up along the way.
Bitcoin will be 42 mil in supply.


I like the optimistic view, and now after some time has passed, do you still have this same stance?  I am curious to see your current viewpoint. 

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