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Bitcoin core altered the protocol by removing instant transactions and adding segwit. So it’s not bitcoin anymore

• kinghajj 7y ago
  "Removing instant transactions?" Do you mean "the GUI shows 0-conf transactions as pending?" And why does adding Segwit make it "not bitcoin anymore"? Further, the Bitcoin Core devs didn't alter the protocol, the miners and users did by using the voting mechanism to enable Segwit, entirely of their own volition.
  • shilch 7y ago
    > Do you mean "the GUI shows 0-conf transactions as pending? It's not just GUI but also a miner policy which can break the use of BTC as cash - as it was originally intended. > And why does adding Segwit make it "not bitcoin anymore"? It's an ugly addition to the original protocol that among others breaks the definition of a coin as a chain of digital signatures. This might lead to legal issues as some people (including lawyers) pointed out.
  • satuenpoo 7y ago
    SegWit changes the system from a "chain of digital signatures" to a "chain of hashes (witnesses)" The white paper and original protocol is crystal clear that a "Bitcoin is a chain of digital signatures"