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I just moved ~20% of my crypto holdings from BTC to LTC. The rest I'll likely keep close to 40% of my cryptoholdings in BTC, but move it onto my own wallet. If
by placeybordeaux 9y ago
I just moved ~20% of my crypto holdings from BTC to LTC. The rest I'll likely keep close to 40% of my cryptoholdings in BTC, but move it onto my own wallet. If a fork actually happens, I'd prefer to be in control of the private keys.
It's kind of odd that there is still so much FUD about segwit, as it has already activated on LTC. It hasn't appeared to open any security holes.
- olegkikin 9y agoYour private keys should be fine, no matter how the fork happens. In every scenario discussed everyone keeps their old coins, as far as I'm aware.
- colordrops 9y agoThe arguments about Segwit are not about security holes. Segwit would enable off-chain transactions using systems that are patented and centralized, allowing others to control things on top of the bitcoin network. LTC isn't used for purchases, so Segwit hasn't had much of an effect there.
- int_19h 9y ago> Segwit would enable off-chain transactions using systems that are patented and centralized Why is that a problem, so long as it is enabled, not mandated?
- colordrops 9y agoDidn't say it was a problem. I'm only saying that it being activated on LTC isn't an indicator of segwit's merits and faults.
- pmorici 9y agoHas there even been a single Segwit transaction on the LTC network? No problems have appeared because no one uses it. More generally very few people use LTC