Re: [News]WHY AGAINST SEGWIT AND CORE? Mining investor gives his answer
Only problem is that big blockers realizes that even 20MB blocks cannot accommodate the transaction volume they speak of, nor does it solve 10min confirmation time. So other layers must be implemented which cannot (efficiently) be done without segwit. So they're just trying to hold segwit hostage.
holding it hostage??
um... like core not coding something so holding the other bip hostage by not even having a release available. which is far more hostile then having code released but people choose not to use it.
also are you presume bitcoin is going to jump in utility by a factor of 20, in days, weeks, months, years..?
seems your opinion is that its going to jump in days-months and so your upset that bitcoin cant cope.. yet RATIONALLY bitcoin utility will grow over YEARS and in those YEARS larger blocks would be happily relayable.
the main community is not saying jump to 20mb in weeks-months. its instead asking for a rational growth over rational time without having to beg devs "can i have some more" every couple years. by allowing the growth to be dynamic and not controlled by a team of people paid by banks.
its also worth looking at the bait and switch proposals and who actually proposed them, to then realise that it was done to scare people into loving core
I have attcahed some comments from Chinese people here.https://bitcointalk.org/index.php?topic=1692577.new#new
