Why must be SEGWIT ? - page 2. | Bitcointalksearch.org

Kronos21

sr. member

Activity: 434

Merit: 255

Quote from: iram3130 on July 11, 2017, 03:22:48 AM

Quote from: pooya87 on July 11, 2017, 03:15:46 AM

Quote from: AztecGoldHero on July 11, 2017, 03:10:55 AM

because hardfork lıke bıtcoın unlımıted makes 2 dıfferent coın.

there are a lot of things wrong with bitcoin unlimited but what you said is not it. any fork can lead to a split and 2 different coins. it has little to do with it being hard fork or soft fork and mostly it has to do with the amount of support they can get.

if any fork has the "overwhelming support" then there won't be any splits (like the previous hard fork that bitcoin had) and if it doesn't have that support then there will be a split like BIP148 which is a soft fork.

If am not wrong, the exact percentage was 80. So I guess it is overwhelming support. There are only few people who are still against the segwit so I don't think there will be 2 main coins after August 1.

Even if the percentage of support would be lower, nothing will change. None of the participants of the market of bitcoins doesn't want his division. Everything will be fine. And of course speculators will try to earn on a panic, so maybe the price will drop to 1 August.

I R S Y K E S

newbie

Activity: 12

Merit: 0

Well, now i understand why there should be SEGWIT Cool

Thanks Everyone for answering my question Wink

Sadlife

sr. member

Activity: 1400

Merit: 269

I think if it was the original concept of segwit people would not panic at all but they added some extra feature to the code in the bitcoin scaling solution Segwit2x and that will be hardfork in the bitcoin crypto currency obviously there should be no two different coins in bitcoin cause the other one would just only get pump and dump. As people would only sell it and invest there money to the other BTC coin. Even though segwit2x would never be activated bitcoin would still run but it will fix some problems and improved the bitcoin transaction and it will also eliminate malleability that's been a problem of bitcoin for a very long time.

iram3130

legendary

Activity: 1512

Merit: 1010

ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: pooya87 on July 11, 2017, 03:15:46 AM

Quote from: AztecGoldHero on July 11, 2017, 03:10:55 AM

because hardfork lıke bıtcoın unlımıted makes 2 dıfferent coın.

there are a lot of things wrong with bitcoin unlimited but what you said is not it. any fork can lead to a split and 2 different coins. it has little to do with it being hard fork or soft fork and mostly it has to do with the amount of support they can get.

if any fork has the "overwhelming support" then there won't be any splits (like the previous hard fork that bitcoin had) and if it doesn't have that support then there will be a split like BIP148 which is a soft fork.

If am not wrong, the exact percentage was 80. So I guess it is overwhelming support. There are only few people who are still against the segwit so I don't think there will be 2 main coins after August 1.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: AztecGoldHero on July 11, 2017, 03:10:55 AM

because hardfork lıke bıtcoın unlımıted makes 2 dıfferent coın.

there are a lot of things wrong with bitcoin unlimited but what you said is not it. any fork can lead to a split and 2 different coins. it has little to do with it being hard fork or soft fork and mostly it has to do with the amount of support they can get.

if any fork has the "overwhelming support" then there won't be any splits (like the previous hard fork that bitcoin had) and if it doesn't have that support then there will be a split like BIP148 which is a soft fork.

AztecGoldHero

hero member

Activity: 1288

Merit: 645

ı thınk ıf somethıng wıll happen to bıtcoın thıs should be segwıt . because hardfork lıke bıtcoın unlımıted makes 2 dıfferent coın. what you gonna do wıth 2 dıfferent coın. for exampla what polo wıll do. wıll there be 2 dıfferent tradıng lıke btc/all altcoıns and btc unlımıted/all altcoıns. that meams just fuck the system. all dıes. other optıon ıs btc/btc unlımıted tradıng. that makes btc unlımıted just and alt coın. another fuckıng system.

there cant be 2 maın coın. tryıng to create 2 maın coın just fuck all system.

pooya87

legendary

Activity: 3472

Merit: 10611

yes bitcoin can continue to function without SegWit and if it never activates it wouldn't be the end of the world either.

but with SegWit a lot of things will change. there are lots of benefits that we will get because of it.
the most obvious one that everyone is looking forward to is the capacity increase and the Malleability Fixes. [1]
also there is all the befits of lightning network which you can read here [2] [3]

in other words if we want to improve for the future we need it.

[1] https://bitcoincore.org/en/2016/01/26/segwit-benefits/
[2] https://lightning.network/
[3] https://en.bitcoin.it/wiki/Lightning_Network

watemp

member

Activity: 112

Merit: 10

Blockchain Technology launches Smart ICO Tracker

Because bitcoin has encountered block size limitations. The number of transactions in the network bitcoin has grown, and a block of the same size - this slows down its growth. I think so.

I R S Y K E S

newbie

Activity: 12

Merit: 0

as we are know, now everyone is panicking about segwit 1 August, bitcoin and altcoin price go down drastic Angry

So my question why there should be segwit ? Huh

Whether bitcoin can not run without segwit ? Huh

Topic: Why must be SEGWIT ? - page 2. (Read 969 times)