Copay and SegWit Support

[miguelmorales85]

Hi all, I had bit expectation about Copay and its planned SegWit support.
Turns out they have BCH as a priority over SegWit support.

https://github.com/bitpay/copay/issues/4020#issuecomment-335866158

We support Bitcoin, and most of the work we do (by FAR) is related to Bitcoin.

We are now in the process of developing a new UI (Copay V4) and that is our main priority. We think segwit support is not as critical as to interrupt our current developments. On the other hand, hundreds of thousands of users had BCH in Copay and enabling them to access to them, easily, (given the financial implications) was critical.

We are now testing a new version of Insight-api that will have better support for segwit and we expect to release it soon (it is a complete rewrite of insight-api), so some progress is been made in that front.

I understand your frustration, but we have tons of things to work and we try to prioritize them the way we think are more relevant to our users.

  maybe it is time to move on to another wallet. Samourai maybe?

Time will tell

[1713948830]

1713948830

[1713948830]

1713948830

[XXX_BTC1@]

Hi all, I had bit expectation about Copay and its planned SegWit support.
Turns out they have BCH as a priority over SegWit support.

https://github.com/bitpay/copay/issues/4020#issuecomment-335866158

We support Bitcoin, and most of the work we do (by FAR) is related to Bitcoin.

We are now in the process of developing a new UI (Copay V4) and that is our main priority. We think segwit support is not as critical as to interrupt our current developments. On the other hand, hundreds of thousands of users had BCH in Copay and enabling them to access to them, easily, (given the financial implications) was critical.

We are now testing a new version of Insight-api that will have better support for segwit and we expect to release it soon (it is a complete rewrite of insight-api), so some progress is been made in that front.

I understand your frustration, but we have tons of things to work and we try to prioritize them the way we think are more relevant to our users.

  maybe it is time to move on to another wallet. Samourai maybe?

Time will tell

both are good wallets in that copay is the best wallet for saving bit coin. in this more secure our personal funds. take security with your hands and any one not hack to this wallet. copay wallet has multiple users to send money and receiving. manage your funds securely.we have secure payment option also.

[eckmar]

Hi all, I had bit expectation about Copay and its planned SegWit support.
Turns out they have BCH as a priority over SegWit support.

https://github.com/bitpay/copay/issues/4020#issuecomment-335866158

We support Bitcoin, and most of the work we do (by FAR) is related to Bitcoin.

We are now in the process of developing a new UI (Copay V4) and that is our main priority. We think segwit support is not as critical as to interrupt our current developments. On the other hand, hundreds of thousands of users had BCH in Copay and enabling them to access to them, easily, (given the financial implications) was critical.

We are now testing a new version of Insight-api that will have better support for segwit and we expect to release it soon (it is a complete rewrite of insight-api), so some progress is been made in that front.

I understand your frustration, but we have tons of things to work and we try to prioritize them the way we think are more relevant to our users.

  maybe it is time to move on to another wallet. Samourai maybe?

Time will tell

Well they just want to give their users their BCH. It's a right move on my opinion and they stated We are now testing a new version of Insight-api that will have better support for segwit and we expect to release it soon so that means they work on it too. Not sure why would you want to move on to another wallet. 

[Iranus]

It's obvious that BCH would be a higher priority, because the wallet is making it convenient for their users to access (and potentially sell) their newfound holdings. 

If they didn't do that, they would have thousands of complaints from their customers who would like to access the money that they obviously have a right to send.  There isn't so much urgency for SegWit support because if they didn't implement it, users would find it very easy to move to a SegWit-supporting wallet, but it's not the same in the case of BCH.

They also clearly said that they expect SegWit to be implemented soon, so I honestly don't see what you're complaining about.  It seems very childish to suggest that the companies' priorities should be switched to favour your beliefs even though it was more convenient for every customer for them to prioritise BCH support.

[miguelmorales85]

It's obvious that BCH would be a higher priority, because the wallet is making it convenient for their users to access (and potentially sell) their newfound holdings. 

If they didn't do that, they would have thousands of complaints from their customers who would like to access the money that they obviously have a right to send.  There isn't so much urgency for SegWit support because if they didn't implement it, users would find it very easy to move to a SegWit-supporting wallet, but it's not the same in the case of BCH.

They also clearly said that they expect SegWit to be implemented soon, so I honestly don't see what you're complaining about.  It seems very childish to suggest that the companies' priorities should be switched to favour your beliefs even though it was more convenient for every customer for them to prioritise BCH support.

So SegWit enabled wallet is just a personal belief. I strongly disagree.

And for the record: there is a Bitpay tool developed to claim Bitcoin Cash from BTC wallet using the Copay seed. So, from my point of view is not a priority to enable BCC in Copay wallet IF they fully support BTC. It seems they are not sure about BTC dominance in the crypto ecosystem. Too bad for them.

[Iranus]

-snip-

So SegWit enabled wallet is just a personal belief. I strongly disagree.

Choosing to use SegWit is based on your belief about the merits of it (I decide to use it because I agree with the merits of it), but I wasn't intending to suggest that in my previous post.  I was intending to suggest that your belief in the importance of implementing SegWit as soon as possible should not interfere with the fact that a large number of customers using Copay will want a convenient way to move Bitcoin Cash and use it as they wish (or sell it if they do not believe in the merits of it).

And for the record: there is a Bitpay tool developed to claim Bitcoin Cash from BTC wallet using the Copay seed. So, from my point of view is not a priority to enable BCC in Copay wallet IF they fully support BTC.

Fair point.  I suppose they could have clearly pointed their users to that tool as an easier way of handling the situation, but they've still been at least moderately prompt on attempting to implement SegWit so I wouldn't treat them too harshly in that regard.

It seems they are not sure about BTC dominance in the crypto ecosystem.

I'm not too sure either.  I think people need to distinguish between whether they would like to use BCH themselves (I personally don't use it) or whether they think other people will use it (I think that it has a significant amount of supporters).