Post
Topic
Board Development & Technical Discussion
Re: Segwit details? SEGWIT WASTES PRECIOUS BLOCKCHAIN SPACE PERMANENTLY
by
rizzlarolla
on 16/03/2016, 18:50:35 UTC


my analysis so far is that it creates a much more complicated error prone system with potential attack vectors that is not peer reviewed that reduces the ability to scale. Maybe my problem is that I am just not smart enough to understand it well enough to appreciate it?

but in some weeks it will be softforked, so its ok, there is no need to worry about it.

All I see is that segwit tx requires more work, more space, more confusion, but we do end up where there are tx in the blockchain that need to be trusted. bitcoin becomes partly a trusted ledger, but ripple is doing fine, so why not

[snipped]


Great posts. I think your smart enough to understand segwit. If anyone can.

In "a few weeks" Bitcoin will be fundamentally changed by segwit. (soft forked by core, Bitcoin guardians)

I agree with your earlier comment. Segwit must be abandoned postponed.

2mb blocks first, soon, then reassess segwit. At least hard fork.
(core could do this, 2mb blocks are road mapped in core?)

Segwit is not my bitcoin. Not at this point in time at least.
"a much more complicated error prone system with potential attack vectors that is not peer reviewed"