Re: Segregated witness - The solution to Scalability (short term)?

Quote from: Lauda on December 11, 2015, 10:36:06 AM

Quote from: hdbuck on December 11, 2015, 10:34:18 AM

new core nodes won't be sending witness data to old nodes.

That old data already does not get validated, so it's redundant to transfer it.

I dunno man, smells fishy.

Not that I understand code as well as devs, still I feel bitcoin protocol should not be 'fixed/improved' to fit external needs.

Besides, USGavin thinks segwit is 'cool'...

So to me it is just yet another attempt at highjacking bitcoin, weakening its protocol and introduce falsification risks.

Sigs are essential and part of the deal for bitcoin to stay strong (ie. valuable).

I am not playing the 'racist card' on the sigs, yet I understand noobs could not care less about it, and would rather have their friggin coffee cups on the blockchain.

Quote from: hdbuck on December 11, 2015, 12:01:58 AM

salt..

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This denigration of signatures represents nothing less than an attack on the primacy of cryptography in cryptocurrency. The blockchain represents a complete and verifiable historical record of every transaction and balance in Bitcoin. Attacking verifiability by lopping off signatures in a misguided effort to cram more transactions into a megabyte. This leaves a eunuch which is no longer the virile Bitcoin we love. As signatures fade into history, cryptographic certainty is replaced by faith and hope.

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Ultimately, it is about increasing the number of places where Bitcoin can break and reducing the prominence of cryptography in cryptocurrency.

http://qntra.net/2015/12/after-xt-failure-gavin-andresen-supports-jim-crow-for-signatures-on-the-blockchain/

and pepper... http://trilema.com/2015/theres-a-one-bitcoin-reward-for-the-death-of-pieter-wuille-details-below/

Now everybody is alining behind this segwit soft fork because its is perceived as 'better than BIP101' basically..

But that is far from being enough, and they still want to twist the holy protocol.

Soft fork is even more pernicious than hard fork because it is more tricky to reject it.

Funny how not even coupla days after announcing this 'new plan' we got this satoshi hoax stealing the attention from it all.