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Topic: Why do people hate segwit so much? - page 3. (Read 2999 times)

legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
November 27, 2017, 01:53:14 PM
#12
Some of the earliest complaints (that seem to have fallen by the wayside now) were around fungibility, the notion that there is no discernible difference between one Bitcoin and another.  If some Bitcoins can be processed with lower fees or a higher priority than others because of a difference in formatting, technically they aren't identical anymore.  But since you can still exchange one type for another, it's not really a huge issue.

The general sense I get isn't so much that people hate SegWit, they just aren't sure of new things they haven't encountered before.  Some people aren't comfortable with change.  Give it time.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
November 27, 2017, 09:46:55 AM
#12
There are some reason such as :
1. They got fed by FUD
2. They hate anything which is different than original bitcoin or original Satoshi's vision
3. They don't actually understand the advantage or how SegWit works
4. They don't hate SegWit, but hate the one behind if (Core developer)
5. They think SegWit isn't the real/best scaling solution

But the haters right that SegWit isn't enough to fix current bitcoin problem and future scaling solution, 2nd layer such as LN and increase block size may be needed.
newbie
Activity: 10
Merit: 0
November 27, 2017, 08:38:47 AM
#11
So there is a group of people that are really against segwit and I don't really understand it. Honestly, I'm not even 100% sure I know what segwit is. Basically my understanding is that it removes the signature part of a transaction so that more transactions can be sent. Also, somehow it allows atomic swapping which is a fancy way of exchanging coins quickly. So why all the hate on segwit?

Because it change bitcoin structure......Bcash has the closest structure to original bitcoin
newbie
Activity: 15
Merit: 0
November 27, 2017, 07:34:29 AM
#10
segwit puts power where power shouldnt be, loading up on central nodes capable of discemenising aganst the norm of protocols that dont exist in the nural network of things just like the IOT but more passivevly integrated in the server database layer
copper member
Activity: 1050
Merit: 294
November 27, 2017, 07:01:01 AM
#9
Politics and the need to have the Core developers out. Some say it was because it would render Bitmain's Asic boost useless, and all other reasons that distracted us away from the truth. But I believe it was politics.

I will leave Achow and the rest more learned about the situation to comment.

What i have observed that Segwit blockage by Bitmain is one of the major reasons why some people are against segwit. Many myths are also created about this contradiction like Blockstream will have control over the bitcoin and they can dictate whatever they want but all these are just rumors nothing else.
full member
Activity: 504
Merit: 101
November 27, 2017, 05:38:07 AM
#8
As much as I can understand after the attacks of BCH owners to BTC blockchain most of anti segwit people changed their mind. Bitcoin really needs upgrade
legendary
Activity: 1806
Merit: 1521
November 27, 2017, 02:54:16 AM
#7
So there is a group of people that are really against segwit and I don't really understand it. Honestly, I'm not even 100% sure I know what segwit is. Basically my understanding is that it removes the signature part of a transaction so that more transactions can be sent. Also, somehow it allows atomic swapping which is a fancy way of exchanging coins quickly. So why all the hate on segwit?

Ostensibly, their argument is that "Segwit is not Bitcoin" because signature information is segregated such that older nodes cannot fully verify Segwit transactions. Their arguments against the Lightning Network are an extension of that. In other words, they argue that if it's not a standard, on-chain transaction, it's not "Bitcoin."

On its face, this is a cop out. They push hard forks on the timeline of a few weeks. Older nodes cannot verify anything on the new chain after the fork has taken place. I don't see how one can support hard forks --- especially rushed hard forks, like Bcash's November fork --- and say that it's about older nodes. The truth is that they have a very different vision for scaling (if you could call it that) than Core. They want huge blocks. Segwit and Lightning are clearly obstacles to that.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
November 27, 2017, 02:33:42 AM
#6
Should be :  "Why do cabals hate Segwit so much?"  Very few Crypto fans "hate" Core.
Some of the most vicious Core haters I know on Twitter are never honest. Fake Satoshi is even a strong Core/Bitcoin hater. He attacks everybody on Twitter these days.
mda
member
Activity: 144
Merit: 13
November 27, 2017, 02:26:28 AM
#5
I think it's about Lightning Network which isn't easily implemented without SegWit. The SegWit soft fork complicates a bit things but the main worry is Lightning Network that leads to more centralization.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 27, 2017, 02:08:29 AM
#4
So there is a group of people that are really against segwit and I don't really understand it. Honestly, I'm not even 100% sure I know what segwit is. Basically my understanding is that it removes the signature part of a transaction so that more transactions can be sent. Also, somehow it allows atomic swapping which is a fancy way of exchanging coins quickly. So why all the hate on segwit?

SegWit includes some code changes that would pave the way for the Lightning Network and some people are not keen on implementing that as a scaling solution. If they can sabotage SegWit, then they can delay the implementation of the Lightning Network.

They are also butt hurt, because SegWit2x failed. < SegWit had no hand in that >

The first step to the solution for the scaling is on the table, but politics & pride are getting in the way of progress. Is this sabotage? They might be in a better position to answer that. ^hmmmmmm^
hero member
Activity: 555
Merit: 507
November 27, 2017, 01:51:37 AM
#3
I dont think it's segwit, I think it is Core that they don't like.
If core thinks one thing they will always think that its a bad idea or make up some kind of tinfoil-hat story about how it is a conspiracy against bitcoin.
legendary
Activity: 2898
Merit: 1823
November 27, 2017, 01:48:25 AM
#2
Politics and the need to have the Core developers out. Some say it was because it would render Bitmain's Asic boost useless, and all other reasons that distracted us away from the truth. But I believe it was politics.

I will leave Achow and the rest more learned about the situation to comment.
full member
Activity: 383
Merit: 161
November 27, 2017, 01:37:00 AM
#1
So there is a group of people that are really against segwit and I don't really understand it. Honestly, I'm not even 100% sure I know what segwit is. Basically my understanding is that it removes the signature part of a transaction so that more transactions can be sent. Also, somehow it allows atomic swapping which is a fancy way of exchanging coins quickly. So why all the hate on segwit?
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