Do you think BTC SegWit will be activated? - page 2.

lurker10

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Quote from: European Central Bank on April 23, 2017, 07:15:36 AM

i don't think it'll ever happen. bitcoin's too much in the hands of a small number of miners. i also don't believe we'll ever get bigger blocks. the people pushing them so far are too incompetent and childish.

question is what will the market do with a bitcoin that won't change? i don't think it's gonna put up with it forever.

Bigger blocks may be better than no change, no change is better than Segwit.
No change is the safest outcome.

Bitcoin should be a safe haven to store crypto wealth, and no change should be preferred over all the other outcomes.
Bitcoin works great as a crypto reserve and crypto settlement network, it has proven to be safe and should be left alone, except bugfixes.

There is a bunch of coins that developers can use as testing ground for their innovations, Bitcoin is just too big for that, too big to fail.

lurker10

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Quote from: Anno MMXVI on April 23, 2017, 06:58:55 AM

Quote from: lurker10 on April 23, 2017, 01:35:05 AM

Hope not. Segwit is too much unknown, it could kill Bitcoin.

May you explain us why SegWit would kill Bitcoin ? This is just a blocks reorganisation so that we can fit more transactions in the same block size, so what is the problem ?

Quote from: lurker10 on April 23, 2017, 05:11:12 AM

It had problems on the testnet only a month ago, this is in the Bitcoin dev mailing list. It does have issues. Most important, you can't undo it through a hardfork if it goes bad. Meaning if there is a big problem and it surfaces after Segwit activation Bitcoin is completely fucked. I hope Segwit doesn't activate, Bitcoin works great as a crypto reserve currency and the crypto settlement network in its current form.

BU/Classic/BIP100 have a goal to just fit more transactions in the same block.
Segwit is much more than that, it is too complex to be sure it has no fatal bugs. It cannot be undone through a hardfork if the fatal vulnerability happens to be found in Segwit code.

European Central Bank

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i don't think it'll ever happen. bitcoin's too much in the hands of a small number of miners. i also don't believe we'll ever get bigger blocks. the people pushing them so far are too incompetent and childish.

question is what will the market do with a bitcoin that won't change? i don't think it's gonna put up with it forever.

Anno MMXVI

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Quote from: lurker10 on April 23, 2017, 01:35:05 AM

Hope not. Segwit is too much unknown, it could kill Bitcoin.

May you explain us why SegWit would kill Bitcoin ? This is just a blocks reorganisation so that we can fit more transactions in the same block size, so what is the problem ?

n0ne

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As users quoted it has been found through the testnet that a lot of features will be lost paving path for a little positive response. So most probable the segwit activation won't happen, but we cannot be sure as the miners support may vary any time. Right now without any problem bitcoin is developing itself in a better way.

lurker10

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Quote from: Ayers on April 23, 2017, 05:00:26 AM

Quote from: lurker10 on April 23, 2017, 01:35:05 AM

Hope not. Segwit is too much unknown, it could kill Bitcoin.

it was tested many times, what is unknown excatly and how it can kill bitccoin? i don't see any worry here, only miners are converned on less fee gained if segwit plus LN will be adopted, other than that segwit alone will be fine

It had problems on the testnet only a month ago, this is in the Bitcoin dev mailing list. It does have issues. Most important, you can't undo it through a hardfork if it goes bad. Meaning if there is a big problem and it surfaces after Segwit activation Bitcoin is completely fucked. I hope Segwit doesn't activate, Bitcoin works great as a crypto reserve currency and the crypto settlement network in its current form.

Ayers

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Quote from: d.kevin29 on April 22, 2017, 10:39:43 PM

So BU is trying as much as possible to block SegWit for BTC and vice-versa.. do you think SegWit will ever be activated on Bitcoin during these 26-activation periods?

EDIT: I just noticed I posted in the wrong category.

they are making a nice match there, but bu is not getting more voting for now, they are about equalt at 38 vs 34 %, let's see how the things will goes

Quote from: lurker10 on April 23, 2017, 01:35:05 AM

Hope not. Segwit is too much unknown, it could kill Bitcoin.

it was tested many times, what is unknown excatly and how it can kill bitccoin? i don't see any worry here, only miners are converned on less fee gained if segwit plus LN will be adopted, other than that segwit alone will be fine

alyssa85

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No, is the short answer.

I think Segwit will be activated for Litecoin, and people will be told, why don't you use LTC for segwit related activities. Then it will turn out no-one actually uses it at all, and the whole thing will fall flat.

Loads of little alts now have segwit, eg digibyte and some others, so plenty of segwit around for the afficionados without involving bitcoin!

X-ray

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Quote from: d.kevin29 on April 22, 2017, 10:39:43 PM

So BU is trying as much as possible to block SegWit for BTC and vice-versa.. do you think SegWit will ever be activated on Bitcoin during these 26-activation periods?

EDIT: I just noticed I posted in the wrong category.

The possible thing to activated SegWit through UASF, but it's a terrible way in my mind. It likes forced to fork the chain and it will be splitting the bitcoin chain as what will happen if bitcoin unlimited gets activated in the future.

lurker10

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Hope not. Segwit is too much unknown, it could kill Bitcoin.

d.kevin29

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So BU is trying as much as possible to block SegWit for BTC and vice-versa.. do you think SegWit will ever be activated on Bitcoin during these 26-activation periods?

EDIT: I just noticed I posted in the wrong category.

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