Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
BitUsher
on 21/01/2016, 13:36:32 UTC
Ok folks, now I finally understood that Core is the transparent way to go and that Classic has too many shady deals and hidden motives in the background.

Now that being said, how will Core scale to the ever increasing transaction space demand?

Classic atleast has a pattern: from 2mb to 8mb to 16mb so on...


How will Core deal with this problem? The segwit stuff is only a 1 shot thing, it will increase efficiency by say 30%, and save us 30% space.

This has been answered many times... Core Has a comprehensive scaling plan - https://bitcoincore.org/en/2015/12/23/capacity-increases-faq/

If you just want to focus on the capacity side of scaling the latest details are -
1) segwit = effective 1.7MB to 2MB in April
2) Lightning network being tested and deployed later this year adding to that capacity
3) HF being planned now with cooperation of chinese miners for 2MB maxBlockSize for an effective 4MB+(lightning network will add to this) capacity in Feb/march 17'
4) Long term solutions like flexcap are being tested and will need to eventually be hardforked in



Question 2: [/b] What do you guys think about Roger Ver and his alliance with Classic, why is he pushing it so hard?

Roger Ver is a great guy and wants what is best for bitcoin. Core and him agree on the goals of trying to onramp as many people as possible but Roger Ver isn't as technical and thus doesn't completely understand all the network limitations and tradeoffs at play.