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Using the Blockstream narrative to dismiss contradictory ideas is basically how r/btc maintains their belief it's a success. It's been very entertaining watchin

by makomk 9y ago

Using the Blockstream narrative to dismiss contradictory ideas is basically how r/btc maintains their belief it's a success. It's been very entertaining watching them seize on every big block as proof the "small-blockers" are wrong that nodes couldn't keep up even though the overall transaction rate is actually a small fraction of Bitcoin's right now and arguing that the price going up was a sign that everyone claiming they'd dump their BCH was lying back when no exchanges were accepting deposits. Also, as you point out big block isn't really the defining characteristic of the Bitcoin Cash fork since in principle Bitcoin is having a block size increase in the near future too. The bigger difference is ripping out the SegWit fix for transaction malleability, with the stated intention of making Lightning Network off-chain payments which require malleability to be fixed not work. In an interesting attack of irony, the ViaBTC exchange (one of its main proponents) just has to stop withdrawals because transaction malleability was breaking them: https://twitter.com/ViaBTC/status/893744282087047168 https://twitter.com/ViaBTC/status/893744282087047168

xorcist 9y ago
> The bigger difference is ripping out the SegWit fix for transaction malleability, Sure, and as ironic as it may be that BCH deposits was malleability attacked earlier today, I still don't think it is a good idea to focus on the technical features of these forks. Who is behind the fork is more interesting than what is in the fork. This is not a conflict among developers, with a few notable exceptions. This is a governance conflict. That is why the conflict is not very visible in the developer community, but rather outside in social media. The open source project is a multi stakeholder model which can be very foreign to people who consider themselves influential. In many ways it looks more like academia than a corporation. Everyone would like the developers on their payroll, but no one wants to pay for it. Pretty much like academia, I suppose.
DennisP 9y ago
SegWit is not just a malleability fix. Bitcoin Cash removed SegWit but they do plan to fix malleability and enable second-layer scaling solutions; they just don't like arbitrarily limiting on-chain scaling to force second-layer adoption, or using complicated solutions when simpler ones will do. One source: this interview with a dev of the main Bitcoin Cash client: https://bitcoinmagazine.com/articles/future-bitcoin-cash-interview-bitcoin-abc-lead-developer-amaury-s%C3%A9chet/ https://bitcoinmagazine.com/articles/future-bitcoin-cash-int...

by makomk 9y ago

xorcist 9y ago

> The bigger difference is ripping out the SegWit fix for transaction malleability, Sure, and as ironic as it may be that BCH deposits was malleability attacked earlier today, I still don't think it is a good idea to focus on the technical features of these forks. Who is behind the fork is more interesting than what is in the fork. This is not a conflict among developers, with a few notable exceptions. This is a governance conflict. That is why the conflict is not very visible in the developer community, but rather outside in social media. The open source project is a multi stakeholder model which can be very foreign to people who consider themselves influential. In many ways it looks more like academia than a corporation. Everyone would like the developers on their payroll, but no one wants to pay for it. Pretty much like academia, I suppose.

DennisP 9y ago

SegWit is not just a malleability fix. Bitcoin Cash removed SegWit but they do plan to fix malleability and enable second-layer scaling solutions; they just don't like arbitrarily limiting on-chain scaling to force second-layer adoption, or using complicated solutions when simpler ones will do. One source: this interview with a dev of the main Bitcoin Cash client: https://bitcoinmagazine.com/articles/future-bitcoin-cash-interview-bitcoin-abc-lead-developer-amaury-s%C3%A9chet/ https://bitcoinmagazine.com/articles/future-bitcoin-cash-int...