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Seriously, "the Blockstream faction"? Jesus. Nearly everyone in the bitcoin ecosystem, myself included, want to get segwit activated for the technical improveme

Seriously, "the Blockstream faction"? Jesus. Nearly everyone in the bitcoin ecosystem, myself included, want to get segwit activated for the technical improvements it brings to the table. This has nothing to do with Blockstream.

olegkikin 9y ago
"Nearly everyone" is a lie. You're probably living in a bubble of /r/bitcoin, which is heavily censored. Many people want larger blocks, we want on-chain transactions scaled way up. I'm yet to hear a good argument against large blocks. Storage is dirt cheap. Connections between servers are generally at least 1Gbps.
- nullc 9y ago
  Nearly everyone. https://luke.dashjr.org/programs/kycpoll/answers.php https://luke.dashjr.org/programs/kycpoll/answers.php > Connections between servers are generally at least 1Gbps So much for peer to peer electronic cash, then...
  - olegkikin 9y ago
    Let me guess, that poll was posted on /r/bitcoin? Is that Luke-jr's website? Ha. Not biased at all /s That's what happens when you're in a bubble. Your echo-chamber reflects the same ideas back to you. And don't get me wrong, I'm not against Segwit at all, as long as the blocks are increased. So if someone wants to take their transactions off the chain, go right ahead. > So much for peer to peer electronic cash, then... Bitcoin is not peer to peer in the traditional sense, the money goes through the network of servers (nodes). It's called peer-to-peer, because there's no central bank, nor any authority that can stop the money flow.
    - nullc 9y ago
      I can't think of any Bitcoin discussing venue where it hasn't been posted, please feel free to post it to more.
buttershakes 9y ago
Not "nearly everyone", plenty of people in the technical community who have worked on Bitcoin for a long time have grave reservations about Segwit. Considering that it is active on litecoin and protects basically no value should raise some warning flags.

olegkikin 9y ago

"Nearly everyone" is a lie. You're probably living in a bubble of /r/bitcoin, which is heavily censored. Many people want larger blocks, we want on-chain transactions scaled way up. I'm yet to hear a good argument against large blocks. Storage is dirt cheap. Connections between servers are generally at least 1Gbps.

nullc 9y ago
Nearly everyone. https://luke.dashjr.org/programs/kycpoll/answers.php https://luke.dashjr.org/programs/kycpoll/answers.php > Connections between servers are generally at least 1Gbps So much for peer to peer electronic cash, then...
- olegkikin 9y ago
  Let me guess, that poll was posted on /r/bitcoin? Is that Luke-jr's website? Ha. Not biased at all /s That's what happens when you're in a bubble. Your echo-chamber reflects the same ideas back to you. And don't get me wrong, I'm not against Segwit at all, as long as the blocks are increased. So if someone wants to take their transactions off the chain, go right ahead. > So much for peer to peer electronic cash, then... Bitcoin is not peer to peer in the traditional sense, the money goes through the network of servers (nodes). It's called peer-to-peer, because there's no central bank, nor any authority that can stop the money flow.
  - nullc 9y ago
    I can't think of any Bitcoin discussing venue where it hasn't been posted, please feel free to post it to more.

buttershakes 9y ago

Not "nearly everyone", plenty of people in the technical community who have worked on Bitcoin for a long time have grave reservations about Segwit. Considering that it is active on litecoin and protects basically no value should raise some warning flags.