Post
Topic
Board Bitcoin Discussion
Re: Estranged Core Developer Gavin Andresen Finally Makes Sensible 2MB BIP Proposal!
by
iCEBREAKER
on 31/01/2016, 08:50:55 UTC
...people realized Bitcoin Core main plan is basically stop possibility of further Bitcoin adoption...  Angry

You must have missed the #ScalingBitcoin conferences.

TLDR: Coffees will return, Bitcoin adoption future so bright better wear shades!   Cool

https://www.reddit.com/r/Bitcoin/comments/43dlkp/can_anyone_explain_why_people_dont_believe_segwit/czieadu
Quote
[–]adam3us

There is also lightning which should come online pretty soon now (before IBLT & weak-blocks say).

And a number of incremental things that can be soft-forked much faster into seg-wit with it's new extensibility. Like schnorr multisigs that compact 2 of 2 or n of n multiSigs into the space of a single signature. We should be able to estimate the throughput boost from that based on the multiSig ratios that go into the 1.75-2MB estimate.

There are other things also like elidable pubkeys so miners can choose to tradeoff validation cost (from loss of batch verifiability) for more compact space. The elided public keys can be reconstructed with a small CPU cost.

Some other things are possible also.

People should just calm down and talk with developers.

All in there is a fantastic roadmap for scale and layer2 things coming online that really move the needle even for new high scale transaction use cases. Not a time to be doing ugly bandaids that actually make scale worse mid-term and risk alienating the people with the expertise to make the scale happen.


...bad intentions...   Cry

Only the code matters.  Speculation about motivations is not code.



Hearn@gnome.zurich.ch leaving was great for Bitcoin (although he'll return eventually, like herpes).

Bitcoin leans into damage and emerges stronger.  That's why we call it "antifragile."

I'm happy to see how hard you are pushing the weak 'ZOMG PwC' FUD.

Scraping the bottom of the FUD barrel like that tells us the latest bout of insurgency is almost over, and we can relax until the next time contentious hard forking and governance coups are hot on Reddit.

PwC is an ideal opportunity to demonstrate the transformative power of Bitcoins and blockchains.

They will show the world what it looks like when "everyone gets to benefit from sane and non-inflationary financial instutions whose sanity and honesty are ensured by the holy blockchain."