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Topic: SegWit and Altcoin (Read 1861 times)

hero member
Activity: 560
Merit: 500
May 05, 2017, 02:38:31 AM
#32
How many problems will be when someone with "less knowledge" implements this in successful coin, how this can destroy an coin overnight, when bug appears. Who know what else can happen i wouldn't hurry with this integration anyway.
member
Activity: 70
Merit: 10
https://boscoin.io
May 04, 2017, 03:36:06 PM
#31
I believe that only LTC faces the same restrictions that BTC has. And it's good that is this way, because the new coins should be different, and not just a BTC copy. An altcoin must propose a different approach to the issues that BTC is facing right now and solve it to be a relevant solution.
hero member
Activity: 770
Merit: 501
May 04, 2017, 02:40:12 PM
#30
Segwit voting is now at about 85% in the last 800 blocks. At this speed, NAV Coin will lock in Segwit in a couple of days.

http://navcoin.org/segwit/
My first thoughts were they will surprise us with completely new anonymous code or something, but not with this. I suppose now is too late to jumps on this wagon? I remember time when Nav was dumped to 50sat, who would say?

I think there is still a lot of room to grow, NAV has a great team and they have some interesting projects going on. Besides that, I expect a price jump when Segwit will be officially locked in.
im with you on this one, def looks like segwit will be locked in a few days, the devs are active, they just released a raspberry pi stakebox, I still think there is time to get in, I expect a double in price over the next couple months or so.  
sr. member
Activity: 2618
Merit: 439
May 04, 2017, 12:55:00 PM
#29
I think The altcoins that are planning implementation segwit on their altcoins must wait up to the litecoin is successful
because not all of the altcoins needs segwit be activated on their altcoins,
the developers of altcoins must see what will happen to litecoin before they adopt segwit on their altcoins and
 it is not just about the price of altcoins but the growing of the coin.
I think only first few coin which are fast enough will enjoy pump, all the rest will lost their precious time. Now is the time for starting creating something new, while everybody rush's to integarete SegWith..This is crypto and when you are first, you are victorious..

But the problem is that alt-coins do not have the same problem as bitcoin has, which is the max block size limit. So I don't know what all the hype with alt-coins implementing Segwit. Will they really benefit from Segwit implementation? Maybe you are right, developers of other alt coins are just simply riding all the hype about Segwit and adopting it so that the price of each alt coins should rise and pump by investors.
hero member
Activity: 560
Merit: 500
May 04, 2017, 06:51:16 AM
#28
I think The altcoins that are planning implementation segwit on their altcoins must wait up to the litecoin is successful
because not all of the altcoins needs segwit be activated on their altcoins,
the developers of altcoins must see what will happen to litecoin before they adopt segwit on their altcoins and
 it is not just about the price of altcoins but the growing of the coin.
I think only first few coin which are fast enough will enjoy pump, all the rest will lost their precious time. Now is the time for starting creating something new, while everybody rush's to integarete SegWith..This is crypto and when you are first, you are victorious..
hero member
Activity: 966
Merit: 552
May 04, 2017, 06:39:18 AM
#27
Now that Ltc is on his way to successfully  implement segwit.
Im asking my self is there are other coins that are planning to do the same, for now i Just know VIA.
any hints?
I think The altcoins that are planning implementation segwit on their altcoins must wait up to the litecoin is successful
because not all of the altcoins needs segwit be activated on their altcoins,
the developers of altcoins must see what will happen to litecoin before they adopt segwit on their altcoins and
 it is not just about the price of altcoins but the growing of the coin.
newbie
Activity: 38
Merit: 0
May 04, 2017, 06:29:36 AM
#26
Segwit voting is now at about 85% in the last 800 blocks. At this speed, NAV Coin will lock in Segwit in a couple of days.

http://navcoin.org/segwit/
My first thoughts were they will surprise us with completely new anonymous code or something, but not with this. I suppose now is too late to jumps on this wagon? I remember time when Nav was dumped to 50sat, who would say?

I think there is still a lot of room to grow, NAV has a great team and they have some interesting projects going on. Besides that, I expect a price jump when Segwit will be officially locked in.
hero member
Activity: 560
Merit: 500
May 04, 2017, 05:44:28 AM
#25
Segwit voting is now at about 85% in the last 800 blocks. At this speed, NAV Coin will lock in Segwit in a couple of days.

http://navcoin.org/segwit/
My first thoughts were they will surprise us with completely new anonymous code or something, but not with this. I suppose now is too late to jumps on this wagon? I remember time when Nav was dumped to 50sat, who would say?
newbie
Activity: 38
Merit: 0
May 04, 2017, 04:02:34 AM
#24
NAVcoin will begin signaling Segwit on May 1st.

They also have a great team of developers and interesting projects going on, check it out. Smiley

I checked on their website and it looks this is a promising crypto-currency. However, I looked at their roadmap and didn't see anything mentioning about the SegWit thing. Can you point me out to any article that says about signaling SegWit activation?

Edit: NVM, I already saw it in there Ann thread: https://bitcointalk.org/index.php?topic=679791.22400. I'll just have to check it out.

Segwit voting is now at about 85% in the last 800 blocks. At this speed, NAV Coin will lock in Segwit in a couple of days.

http://navcoin.org/segwit/
sr. member
Activity: 476
Merit: 250
April 28, 2017, 02:17:19 AM
#23
I don't know how complicated is to implement SegWit, and what are downsides but i know for sure that this won't be promised land for everybody, same was with anon coins, then pegged coins. People love hysteria couse it is good for earning.
hero member
Activity: 770
Merit: 500
April 26, 2017, 12:28:08 PM
#22
cool story bro
newbie
Activity: 35
Merit: 0
April 26, 2017, 12:01:53 PM
#21
I tihnk Most new Altcoins are adding SegWit for Hype and for the short term price hike that comes with it ..
hero member
Activity: 532
Merit: 500
April 26, 2017, 07:31:50 AM
#20
I don't understand why it is being implemented in alt-coins. Those alt-coins haven't hit the block size limit yet. They don't have high demand at the moment so there network does not fall apart unlike bitcoin. Maybe they want to test how SegWit will ran It alt-coin network but I don't think its necessary for the reasons above.


Segwit is not just about making blocks slightly larger. Segwit brings some fixes aswell and it lays the foundation for more complex updates like lightning network.
legendary
Activity: 1848
Merit: 1000
April 26, 2017, 05:18:28 AM
#19
Now that Ltc is on his way to successfully  implement segwit.
Im asking my self is there are other coins that are planning to do the same, for now i Just know VIA.
any hints?
I foresee a lot of altcoins implementing this now and the majority of them will do it purely for the hype and short term price increase, especially newly created coins that will feature this is as one of the main selling points, similar to what we had last year with anonymous coins.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
April 26, 2017, 05:07:48 AM
#18
Now that Ltc is on his way to successfully  implement segwit.
Im asking my self is there are other coins that are planning to do the same, for now i Just know VIA.
any hints?

vertcoin is going to implement segwit too, i don't know why all this run to implement segwit, they think that with the segwit implementation their coin will get more value, but they don't actually need any block size increase

I think is just for the hype and value

all coins are adding segwit for that reason, for hype and increase their marketcap, now there is much talk about this thing, and having segwit can give you some new investors that invest in your coin, and no coin need segwit minus bitcoin, segwit is a trend now like it was with anonymous coin, masternodes and everything you can remember
hero member
Activity: 882
Merit: 533
April 26, 2017, 04:40:29 AM
#17
So now every other altcoin wants to implement Segwit even if they don't need to.  They should worry about if people are really using their cryptocurrencies for real world uses instead of adding features that will end up being useless.  But we all know they're all doing it for pumpability purposes.  Wink
Yes majority of those Alts never been used in real life, and only usage except PnD is for transfer from one exchange to another couse they have much faster networks than BTC and small fee. This way altcoins becoming highways for arbitrage traiding of BTC. Everything else is just marketing! Grin

Not really.  They're all jumping the Segwit bandwagon because they need to pump their coins.  And for what?  Ironically they pump their coins to get more Bitcoin from it all.  That alone still makes Bitcoin the cryptocurrency to beat.

Totally right, instead of working on ways to use their coin in daily life, which is th epurpose of a currency, they just follow the HYIPed developments and do the same even if it is just a waste of time and energie.

Let me tell you something, the coins who are actually been effectively used have a major difference with all the other coins : "Merchants intergration"

Why do you think XRP is so popular ? why XMR isn't ? how about PPC ?

XRP is really easy to use and integrate into a merchant website, plus it have the advantage to provide a FIAT exchange built-in the daemon.
XMR is still delayed on this point because they have other issues to solve, their code isn't mature enough.
PPC is a fork of Bitcoin, so it is natively made to be integrated but they don't provide lots of efforts on it.

So if you want your coin to be Known, Used,  Pumeped, HYIPed, try to get it accepted by Wallmart, or any major retailer and you will see the price skyrocketing.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
April 26, 2017, 03:53:22 AM
#16
soon or later all follow suit. it is marketing strategy

there are lots of other ways, easier ways to "market" your coin or to use the correct term: to pump your altcoin. you don't need to start SegWit on your altcoin. and besides it doesn't work on all the altcoins! there has to be some criteria met to implement SegWit, it is not like an interface that you can add to any coin you want!
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 26, 2017, 03:44:19 AM
#15
So now every other altcoin wants to implement Segwit even if they don't need to.  They should worry about if people are really using their cryptocurrencies for real world uses instead of adding features that will end up being useless.  But we all know they're all doing it for pumpability purposes.  Wink
Yes majority of those Alts never been used in real life, and only usage except PnD is for transfer from one exchange to another couse they have much faster networks than BTC and small fee. This way altcoins becoming highways for arbitrage traiding of BTC. Everything else is just marketing! Grin

Not really.  They're all jumping the Segwit bandwagon because they need to pump their coins.  And for what?  Ironically they pump their coins to get more Bitcoin from it all.  That alone still makes Bitcoin the cryptocurrency to beat.
sr. member
Activity: 476
Merit: 250
April 26, 2017, 02:23:33 AM
#14
So now every other altcoin wants to implement Segwit even if they don't need to.  They should worry about if people are really using their cryptocurrencies for real world uses instead of adding features that will end up being useless.  But we all know they're all doing it for pumpability purposes.  Wink
Yes majority of those Alts never been used in real life, and only usage except PnD is for transfer from one exchange to another couse they have much faster networks than BTC and small fee. This way altcoins becoming highways for arbitrage traiding of BTC. Everything else is just marketing! Grin
hero member
Activity: 686
Merit: 500
April 25, 2017, 04:21:20 PM
#13
soon or later all follow suit. it is marketing strategy
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