will bitpay accept TX form the second layer?
Why wouldn't they? What asset do you think we're talking about, exactly?
will we need to rebuild out all the infrastructure we've built thus far?
Some links were recently posted, where various wallet developers and library maintainers stated that implementing Segwit was not a big deal at all. And I'm not talking about nobodies like "Iguana." I'm talking about Mycelium, Electrum, Breadwallet, GreenAddress, Blocktrail, Libbtc, BitcoinJS etc.
But you keep on repeating this same tired line.
was segwit's effective block incress ment to will give businesses a few more months worth of block space to give them time to adapt to the second layer?
The point was to implement necessary changes while allowing for some more throughput
(kicking the can), to give time to develop IBLTs, weak blocks,
LN...
Payment channels are crucial. **Satoshi saw that. The point is to scale (optimize).
Please stop clamoring for endless bloat and recognize that decentralization is the only thing that gives bitcoin any value whatsoever.
And nobody should give a shit about Bitpay or Coinbase. Their current business model--thus VC/shareholders--depend on cheap/free bitcoin transactions. So the fuck what?
They can optimize their business plan or be brushed into the dustbin, like every other shit company that goes bankrupt. I certainly don't allow some corporation's shareholder interest to dictate my interests as a bitcoin user and node operator. Classic supporters say Blockstream controls Core--the answer is Coinbase controlling Classic? No thanks. Still waiting on any evidence that says Blockstream controls a goddamn thing.
Remember how Bitpay lost 5,000 BTC/$1.8m in a security lapse? Yeah, not interested in careless fucks like this having any say over the protocol.
**side note i'd love to see a link which back up your statement " Payment channels are crucial. Satoshi saw that "
so you agree that making second layer the primary scaling solution will require an overhaul on almost all bitcoin businesses that process bitcoin payments for whatever reason. your answer to that is "tough shit", fair enough...
decentralization gives bitcoin value, but its not the only thing that give it value
clearly altcoins are nowhere near as decentralized as bitcoin yet they command a market price none the less.
i'm not sold on the idea that every single user needs to run a full node for bitcoin to be considered decentralized.