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Topic: Erik Voorhees: SegWit should be activated (Read 2219 times)

legendary
Activity: 1288
Merit: 1087
April 05, 2017, 05:33:24 PM
#44
as long as it remains 95% segwit will never, ever, ever activate.

even if you got almost everyone on board there'd still be enough miners who never check the news or simply don't care. litecoin have gone the right way about it.
legendary
Activity: 1138
Merit: 1001
***
Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through Wink
Don't be so pessimistic.

95% hash power to activate it Cheesy - THIS IS JOKE
in real elections you have usually 50%/50%...
and here you want 95% THIS IS JOKE
this is born to fail man.
Same time loooong before BTC ETH will have their own LN clone (Rainen)...
And gain BTC will be prooven as win3.11 system not really reliable to use as main base of something.
When even BU and mines don't care to solve bug problems - malleability.
Who will give a shit to such attitude in long run.

Don't call me prophet but chart shows that changes are comming.
http://coinmarketcap.com/charts/#btc-percentage





You're right about the 95% being a serious design error.

However I wouldn't worry too much about transaction count. Bitcoin is the digital gold, the reserve currency of the Internet. It can be used less and cost more to transact than competitors provided it stays sturdy, safe, reliable and immutable.

The era of profitable blockchain applications is only getting started so yes BTC relative market share could fall but as you can see it will still rise in value and has been the best performing currency vs. Gold/silver/fiat for 3 of the last 4 years. (Only BU has been able to damage BTC recently because it is anathema to what gives BTC value in the first place)

Pab
legendary
Activity: 1862
Merit: 1012
Sooner all that debate will finish better,it can be like that longer time,etherum is better,devs are submiting his proposals and community talk about it and vote with his wallets,Bitcoin need to comebaci on decntralisation road,two btc network it will be nighthmare,i will escape if that scenario occure.Now there is only stupid talks btc core that bu that,like angry kids who are jalous about toy.And some new proposal are appearing creating more sensless talks
sr. member
Activity: 333
Merit: 250
***
Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through Wink
Don't be so pessimistic.

95% hash power to activate it Cheesy - THIS IS JOKE
in real elections you have usually 50%/50%...
and here you want 95% THIS IS JOKE
this is born to fail man.
Same time loooong before BTC ETH will have their own LN clone (Rainen)...
And gain BTC will be prooven as win3.11 system not really reliable to use as main base of something.
When even BU and mines don't care to solve bug problems - malleability.
Who will give a shit to such attitude in long run.

Don't call me prophet but chart shows that changes are comming.
http://coinmarketcap.com/charts/#btc-percentage



legendary
Activity: 1138
Merit: 1001
As soon as BU took the lead, the BTC price floundered and then dropped heavily on the joint exchange announcement that BU might actually happen  Cry

I also don't see a lot of altcoins adding anything regarding BU, or new BTC clones with BU coming out and or being popular/gaining value Huh


Meanwhile... When Segwit was in the ascendancy Bitcoin was hitting all time highs.

I also see loads of altcoins rushing to adopt Segwit and just like BTC did rising in value as a result.

The most notable of course being Litecoin exploding thanks to potential Segwit adoption.

So Erik Vorhees likes money  Shocked
sr. member
Activity: 322
Merit: 250
Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

My only hope is that we get over this the sooner which is also better for the community. If this drags for too long, many investors will try to look for other altcoins and people will be less interested to BTC because of the problems we are experiencing right now. It is inevitable that BTC will implement BU or Segwit. We need to move forward and progress with the correct technology to come up with a solution. Currently at coin dance, BU has 37.9% and SegWit has 32.4% pool support (last 1000 blocks).

Why nodecounter shows different numbers? I think nodecounter is pro BU.
Look at the "public service announcement" you get for /r/BTC upon opening nodecounter. Of course they're pro VerCoin.
member
Activity: 77
Merit: 10
Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

My only hope is that we get over this the sooner which is also better for the community. If this drags for too long, many investors will try to look for other altcoins and people will be less interested to BTC because of the problems we are experiencing right now. It is inevitable that BTC will implement BU or Segwit. We need to move forward and progress with the correct technology to come up with a solution. Currently at coin dance, BU has 37.9% and SegWit has 32.4% pool support (last 1000 blocks).

Why nodecounter shows different numbers? I think nodecounter is pro BU.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
Erik Voorhees: SegWit should be activated, the sooner the better, and I'll support any plan that moves it forward.

My only hope is that we get over this the sooner which is also better for the community. If this drags for too long, many investors will try to look for other altcoins and people will be less interested to BTC because of the problems we are experiencing right now. It is inevitable that BTC will implement BU or Segwit. We need to move forward and progress with the correct technology to come up with a solution. Currently at coin dance, BU has 37.9% and SegWit has 32.4% pool support (last 1000 blocks).
legendary
Activity: 1778
Merit: 1008
SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.



Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through Wink
Don't be so pessimistic.

but pessimism is all we HAVE!! don't take away our hate and FREEDOM!

...the above is sarcastic, if you can't tell.

Just a prediction. Perhaps a wager would be in order?

No hate. Are you selling any other straw men?


i know this wasn't in response to me, but -

i've got a kidney i could spare. i'll sell ya that! maybe half a liver? seriously, these are my assets these days... *cough*
hero member
Activity: 686
Merit: 504
SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.



Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through Wink
Don't be so pessimistic.

but pessimism is all we HAVE!! don't take away our hate and FREEDOM!

...the above is sarcastic, if you can't tell.

Just a prediction. Perhaps a wager would be in order?

No hate. Are you selling any other straw men?
legendary
Activity: 1778
Merit: 1008
SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.



Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through Wink
Don't be so pessimistic.

but pessimism is all we HAVE!! don't take away our hate and FREEDOM!

...the above is sarcastic, if you can't tell.
sr. member
Activity: 322
Merit: 250
SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.



Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...

Segwit is already live on the Bitcoin testnet.
Even some LN payments are going through Wink
Don't be so pessimistic.
hero member
Activity: 686
Merit: 504
SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.



Funny, because Litecoin blocks are nowhere near full.  Also, they lowered the activation threshold to 75%, so we'll see if that causes pain on activation. I predict that some subtle bugs will appear shortly after activation. Then we can thank our lucky stars that the miners are vetoing Segfault.

What a sh*tshow it will be if Litecoin has to roll back Segwit...
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Erik "The Teflon Don" Voorhees supports SegWit?

That's just another good reason to hate SegWit.
sr. member
Activity: 378
Merit: 250
>90% Core full nodes
it will be hard to explain that in fact 90% support BU
let's activate segwit
miners do their job or users will do UASF

prove it. with facts.

there is no proof for 90% support for anything in bitcoinland. it doesn't exist. except maybe greed, and i seriously doubt there's a 90% agreement on that.

edit: we're never going to reach any consensus about this scaling thing, not BU, not core, not segwit. i'd honestly be shocked to see any of them reach 60%.

Nodes are rigged anyway, I could put up 100 myself if I wanted to blow the money.
legendary
Activity: 1218
Merit: 1007
SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.


I already said what I'm about to say in another thread, but the fact is you aren't wrong.

I would prefer to see more devs come out with their own systems and concepts for solving the blocksize issue, and we can see if there's something of value that can be used and added, but right now Segwit is looking like a pretty good solution for the entire debate. Now it comes down to how much the community will consider it.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Too bad, neither SegWit nor Unlimited will reach their target support %.
I could see BU reaching 51% though, where if they forked at that point, it wouldn't be anything out of the ordinary.
BU was looking good about 2 weeks ago, after the antpool news. Since then they lost some support and slowed down, they won't win unless they persuade (pay?) another big pool to join their cause.
I think SegWit is a good option, much better and than BU and it wouldn't divide the community as much as BU would.

segwit would divide the community. but while you are in the cesspit of pruned no witness nodes being reliant on upper tier blockstream nodes, you will be told to go back to sleep and everything is alright

I guess any implementation will divide the community.
The community already divided, You don't need to see the implementation. The implementation will give more gaps among both of the parties.  
May it be Segwit by BCore or Bigger Block size by BU.
No one knows both are having equal vote powers. SegWit less than BU (little).

I cannot see any solution that will not split the community the way I see the reaction of individual.  
Don't you? The more solution will change the people's mind.
Though I hope if ever BC's segwit or BU's larger block size is implemented, would have a minimal negative effect to Bitcoin in its entirety.
For the minimum negative effect for the bitcoin and I will choose SegWit to be the bitcoin scalability solution.
SegWit offers the blocksize increase 2MB.
legendary
Activity: 1400
Merit: 1001
SegWit can revitalize Bitcoin while Bitcoin Unlimited can only create another wall between users.
You don't believe it? Just check up what is happening to Litecoin, they are on a brink of SegWit's activation.
The price of LTC is soaring, media attention is higher than ever and community is positively thrilled.

http://litecoinblockhalf.com/segwit.php Litecoin is only ~6% away from a major breakthrough.

legendary
Activity: 1778
Merit: 1008
>90% Core full nodes
it will be hard to explain that in fact 90% support BU
let's activate segwit
miners do their job or users will do UASF

prove it. with facts.

there is no proof for 90% support for anything in bitcoinland. it doesn't exist. except maybe greed, and i seriously doubt there's a 90% agreement on that.

edit: we're never going to reach any consensus about this scaling thing, not BU, not core, not segwit. i'd honestly be shocked to see any of them reach 60%.
legendary
Activity: 4424
Merit: 4794
Uh oh watch out Erik, now BU is going to abandon you as an oracle.

first mistake is thinking its only a BU vs debate
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