The meddling nabobs who thunked up Segwitless have apparently given up on their nutty idea, as widely predicted.
This whole crazy "double" the block size thing is so pointless. Doubling the block size will not do anything. These crazies who think we need to keep increasing block size until transactions cost a penny each are just nuts. I think they know the whole idea is senseless, but they do it anyway just for publicity or notoriety.
Just to repeat for the record the basic facts: the Bitcoin network is not designed for credit card type transactions or volumes. It is designed to transfer relatively large amounts of money in a 10 minute window. That is what it does. It is not designed for retail purchases or transfers of small amounts of money. As the capitalization of the currency increases we can expect fees to keep going up as larger number of higher value transactions occur.
Now, if the clowns running core would just start using simple, reliable code written in C instead of junking the core up with object-oriented crap then we would really be in a happy place...
http://harmful.cat-v.org/software/c++/linus
Topic: Segwitless dies as predicted (Read 173 times)
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