Topic: NOT Upgrading to SegWit who's with me?! - page 8. (Read 7217 times)

I also will NOt be upgrading to SEGWIT in its current form ...

If segwit came with a dynamic blocksize it would be a more appropriate solution
but a segwit we have no choice but rather forced upon us is not equivalent to the product of a free market

lol
1. the double spend issue is still a problem RBF, CPFP, CSV and others still make it possible to bait someone with one tx, but have it not confirm due to another tx confirming that goes to another destination.

2. even the glossy roadmap explains the problem and hints to the solution. 'this caused accounting issues by services that only verify by TXID'
merchants should fully check the tx and wait for a confirm.

3. block inflate.. oooh so ur against blocks being above 0.1mb in 2009, 0.3mb in 2012 0.5mb in 2013 0.7mb in 2014. 0.9mb in 2015..
do you even grasp code/logic/understanding of how bitcoin works, it seems not. or are you just spitting out the same script as blockstream fanatics, like some christmas carol singers

3. as for LN
did you know it requires dual signatures..
meaning the tx is only valid if both sides sign the same thing. meaning a malicious party cannot then create a second malleated tx because the second party would be needed. and that second party wont sign something with obvious changes. thus it wont even be accepted into pools with only one signature.
the truth is LN solves malleability, not the other way round. by dual signing only one correct tx is acceptable thus malleability is not even a process that could be used within LN even if it wasnt fixed

SegWit Allow LN.
Block Inflate don't do this ... AT ALL.

SegWit solve malleability hole and double-spend.
Block Inflate don't solve this ... AT ALL.

SegWit allow the SPV mode for the whole network WITH malleability FIX (include NODES).
Block Inflate don't introduce this ... AT ALL.





Block Inflate is for members that they don't see the network solution.
Only the coin/fees result ... in SPV world of wallet (on phones or exchanges or block explorer).

perfect!
i'm not a technician but from everything i've seen it's the best solution for the problems we have right now(i've upgraded already).

a few users always try to go against it, but generally it's just like this thread:
"i'm not upgrading! reasons? because i dont want to".

sometimes starts a whole conspiracy theory, but i never seen any fact.

transaction malleability..

what does it solve. you show me what you think it solves and i can easily counter it with how that is an over hyped exaggeration used to push bitcoin in one direction that does not really give us any more expectations than the 'possibles' of 2009-2013

Indeed... Couldn't agree more.


On subject: If you're not upgrading, I assume you're against any scaling solution. SegWit is the only scaling solution that's been tried, tested and thus far supported by most people... Is SegWit the best solution? Maybe not. But it's the best we have so far and we have to work with it.

As for Satoshi, I hope you're sitting while waiting for his opinion on the matter. I also wonder why would his opinion influence yours and influence Bitcoin's destiny so much...


This is part of what I wanted to include in my post too.

What if we only accept SegWit, but refuse the next step such as LN or something else that we don't know yet?

Hmm, it does have a level of weakness in the bitcoin system. Because the owner or creator of the bitcoin did not want to reveal his identity and that is a hard thing to browse, because it will only make us become crazy because all the data jerumus to the owner of the bitcoin must have been in the faces. Although we cannot make deals bigger, but it's all already gives us a pretty good advantage when we can use the bitcoin correctly. This problem may be able to overcome if it is indeed the owner of the bitcoin appear or there might be a person who helps to fix this problem

Actually we don't have a choise. Bitcoin must evolve to satisfy demand for increasing number of transactions as more and more people are using it. And Core is the best team in this field. Nobody came with a better solution and nobody can.
In short we accept Segwit and those who don't like it, can sell their bitcoins and buy dogcoin or whatever

.. hmmm..

no - I'm afraid it's not.

ANYONE can use SEGWIT / LIGHTNING NETWORK / SIDECHAINS / OFF-CHAIN scaling solution. A.N.Y.O.N.E.

It is OPEN SOURCE.

It is NOT PROPRIETARY.

I'll admit - It is quite complicated (to set up an LN network / Sidechain), and requires SKILL / KNOWLEDGE, and yes, if you wanted someone to set it up for you, Blocksteam would be my first choice. Is that a crime now ?

so please.. '..It's a little early in the morning for Kung Fu..'

..

@OP - Can you come up with a FIX for txn malleability (the root of MANY issues) ? If you can, I'm all ears.

I would do if the  blocksize limit falls with it:

https://www.youtube.com/watch?v=ULQSPaLSOxk


- Reunion the community - we all want the same  - scale !

you are mistaking bitcoin with a bank issued note or something!

even if satoshi comes out of anonymity and says "I am for or against Segwit" it should not matter either way. any person should make their own decisions on these matters, satoshi is not god

satoshi will never happen again, or he simply don't care anymore, it's up tot he miner to decide, hope they make it fast

Segwit? Nope. I'm with OP.

^ this guy gets it

the funny thing is that nobody cares what we do, whether we upgrade to segwit or not, implementing it would fall to what miners decide since they are the ones signalling segwit implementation.

in other words if all nodes switch to segwit the percentage is still a plateau at 24% https://blockchain.info/charts/bip-9-segwit

I just don't really care right now, I'll let the community let the chips fall where they may, and I'll just roll along with whatever is decided.

Do I think SegWit is a good idea that'll fix everything? Not really. Will it? Maybe. Right now though there is no point when it comes to choosing a side definitively now because a lot can still change.

Fingers crossed, let us know how that works out for you!

That's why I fired back up my CPU miner hashing at an impressive 600 kh/s to attempt a solo block mine. Free Market FTW!

SegWit isn't to prevent block inflate.  SegWit is to prepare the network for Blockstream proprietary off-chain scaling solution that will allow them to 'shift' network fees away from miners and into their own hands.  

It is nothing less than a Coup d'état*

* I did that for you French guy.