Author

Topic: [2017-03-15]Neither SegWit Nor Bitcoin Unlimited Can Solve Bitcoin’s Scalability (Read 407 times)

legendary
Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
Bitcoin is a golden standartd.
this is very important the recent BU bug shows how dangerous inovation can be.
in a golden standard , maby its wise to only fix Transaction Malleability  so other chains can be directly interacting with the blockchain without fully using it for evry transaction  , like a segwit but then in separate tool
doing transactions off chain , only storing (daily) transactions on chain...
What is important is that there need to be talk to find a creative solution were everybody can be happy with.
legendary
Activity: 3080
Merit: 1353
Neither SegWit Nor Bitcoin Unlimited Can Solve Bitcoin’s Scalability Problems: Experts

Despite all the exploits of Bitcoin especially in recent months, which has seen its price conquer new highs and its user base increase significantly, one major problem that has persisted upon the cryptocurrency is congestion.

The issue of congestion within the Bitcoin community has persisted for some time now. The debate on how best to resolve this issue has seen the community split majorly into two factions, a scenario which can be judged as proof that the power truly lies with the people in the decentralized democratic environment of Bitcoin.

Emiel Sebastiaan van der Hoek, Blockchain Researcher, says:

“The community is split for good reason. Neither solution will solve scalability issues and transaction fee issues of Bitcoin in my honest opinion.”

Full Read Here: https://cointelegraph.com/news/neither-segwit-nor-bitcoin-unlimited-can-solve-bitcoins-scalability-problems-experts
Jump to: