The SegWit activation was a joke?

[alifrenstein]

Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high, block sizes are still under 1 MB, and slow confirmations. Where is the promised lightning network? When (if at all) the current situation will change?

[FlightyPouch]

Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high, block sizes are still under 1 MB, and slow confirmations. Where is the promised lightning network? When (if at all) the current situation will change?

Well, some say it is because of the bitcoin Cash. SInce bitcoin cash is getting easier to mine, the miners are shifting from Bitcoin to Bitcoin Cash and making the confirmations delayed. The block is not the problem but the miners who are confirming it.

[alifrenstein]

Well, some say it is because of the bitcoin Cash. SInce bitcoin cash is getting easier to mine, the miners are shifting from Bitcoin to Bitcoin Cash and making the confirmations delayed. The block is not the problem but the miners who are confirming it.

Oh, that's very bad...I hope situation will improve a lot soon.

[alifrenstein]

To all the miners - please leave that Bitcoin Cash! Focus only on Bitcoin - the future! 

[-ck]

It has almost nothing to do with bitcoin cash. Segwit activation is the first step towards adding new features to bitcoin - it doesn't magically speed up all transactions just by being activated. Next all exchanges, wallets and service need to start using segwit transactions for it to actually ease pressure on fees and block sizes. So far only very few segwit transactions have been made as most transactions are still normal transactions and they do not get faster or cheaper just because segwit is activated.

On the other hand what you're currently seeing with fees going up and transactions being delayed is a concerted spam effort coordinated by people trying to make it look like the bitcoin blockchain is congested and needs a controversial 2x upgrade in November which is being pushed by the NYA miners when most of the userbase and developers are against it and will not agree to their threats. It's artificial and does not represent the real economy situation.

[Juggy777]

Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high, block sizes are still under 1 MB, and slow confirmations. Where is the promised lightning network? When (if at all) the current situation will change?

The segwit was not a joke, a consensus was clinched for the first time, look at the price rise where did it come from. Like the user above me said bcc is being a pain, a big pain, I had initially expected it to disappear in a week time, but now news comes it's getting lots of hash, and miners will go where they earn most, but what I believe is only matter of few days, so just hold on, I am sure good things will come. Besides no one promised it would improve over night, I am really sure it will work for good.

[J. Cooper]

I think seg wit is a good think but I also think we have to give it time. Not everything can instantly work as its supposed to. We also can't forget that bitcoin is very new compared to other currencies so it's essential that we give it time to grow and not rush things.

[MMysterious]

I think it takes time for it to develop a much faster transaction or smooth transaction, it just doesn't happen overnight. And I don't think it has to do with bitcoin cash too, just give it some leeway to make the devs work on the project and soon it'll be faster.

[lady pink]

Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high, block sizes are still under 1 MB, and slow confirmations. Where is the promised lightning network? When (if at all) the current situation will change?

Well, some say it is because of the bitcoin Cash. SInce bitcoin cash is getting easier to mine, the miners are shifting from Bitcoin to Bitcoin Cash and making the confirmations delayed. The block is not the problem but the miners who are confirming it.

Does that mean bitcoin cash is becoming more popular than the bitcoin?

[_MrTuyul404]

Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high, block sizes are still under 1 MB, and slow confirmations. Where is the promised lightning network? When (if at all) the current situation will change?

I think segwit is not yet fully active, because if viewed from the project roadmap, segwit will be fully active by the end of this year

[Zalfa_mui]

Why do you say segwit is a joke ?? Segwit also takes time and can't directly as you expect, and segwit still unfinished by end of november is over. . We follow aja process and don't think badly before it all ends.

[Minecache]

SegWit activation was most certainly not a joke and it is very disingenuous to suggest otherwise.

[olubams]

Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high, block sizes are still under 1 MB, and slow confirmations. Where is the promised lightning network? When (if at all) the current situation will change?

I am equally still waiting for the same time when we  begin to reap the benefit of all this SegWit activation and all the hypes that came with it. Maybe in the coming days we will be able to to start getting it.

[unamis76]

I don't see how what's happening can be surprising, it will take time before it's easy to start using SegWit to its fullest and it will take time for people to start actually using it. Like they say, Rome wasn't built in a day. And there's still that part of the community who are probably active users and will still refuse to use SegWit...

[Scorpion]

It's just the first week and the foundation has only been laid out. From this point on is the growth, development and fine-tuning of the real applied technology.

[alifrenstein]

I just hate it when I see such a huge load on the bitcoin network. I really hope that the unconfirmed transactions & fees will decrease a lot soon, and situation will at least return to what it was few weeks ago. Spammers - please stop!

[BitFinnese]

Just be patient, we are in a transition state.  The activation is just a first step of numerous steps.  An initial process where the actual solution to the scaling will be implemented.  We can think of Segwit Activation being the foundation to enable other development to happen in Bitcoin System.  So we just need to bear with it for a meantime together with those people who are spamming the network.  They will get tired of it, I am sure.

[alifrenstein]

Just be patient, we are in a transition state.  The activation is just a first step of numerous steps.  An initial process where the actual solution to the scaling will be implemented.  We can think of Segwit Activation being the foundation to enable other development to happen in Bitcoin System.  So we just need to bear with it for a meantime together with those people who are spamming the network.  They will get tired of it, I am sure.

I really hope so.

[franky1]

and now people are realising the activation is meaningless

to get 2.1mb of real economic average base blocksize nearly everyone needs to move their funds over to segwit based transaction keypairs..

8 years ago it was possibly to have 7tx/s if near everyone decided to do lean transactions.. yet in 8 years it has not been seen.
same will happen now. its near impossible for near everyone to be using segwit based transactions. so dont expect the 7tx/s anytime soon or regularly.

segwit does NOT stop spam
segwit does NOT stop quadratics
segwit does NOT stop bloated tx's

all segwit does is offer innocent people to disarm themselves. but does not stop malicious people from continuing to do what they do.

segwit has been an over promised under delivered empty gesture that has wasted 2 years of innovation.

people are now starting to wake up to it and wishing proper rules and proper universal growth was the route to take

what the activation has done was to change the topology of the network is now set. with the cartels nodes at the top and the cludge of other nodes at the bottom.

[BillyBobZorton]

Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high, block sizes are still under 1 MB, and slow confirmations. Where is the promised lightning network? When (if at all) the current situation will change?

Roger Ver+Jihad is spamming the network heavily after segwit activation as the smart users predicted, actually very predictable. Now he is doing astroturfing everywhere, including thi forum. "See, segwit didn't work, we need a blocksize increase!"

They want to push the SegWit2x dogshit in order to crash the BTC price so BCC can benefit. Don't fall for it. Pay the fucking fees or wait for the Roger Ver+Jihad Wu spam to cease.