Post
Topic
Board Bitcoin Discussion
Re: SegWit yay or nay? come vote here.
by
Amph
on 23/01/2017, 07:57:35 UTC
what are the other solution now besides the hard fork to 2mb? if there are not any and we can not hard fork to 4mb/8mb because miners don't agree, and they either don't want to activate segwit, there is no solution in this

i remember that the miners were in agreement(at least the majority) with hard forking to 2mb at least, they changed their mind?

i think that this consensus mechanics is brokern, it should be in this way, if you have not a better solution you should agree with the best available one

segwit in regards to real scaling, is a temporary gesture.. a one time boost/stopgap
lets say it was a full release last april and it got activated by june last year.. by this month now. all of its advantages would have been seen and we would still be needing dynamic blocks now.

the best solution is for core to just release a dynamic block version along with segwit. and join the level playing field.

late 2015 core devs agreed to a plan of segwit mid 2016 and dynamic blocks by mid 2017
but in spring 2016.. core started back tracking saying nothing was agreed and they were just independent devs and had no ability to put code into bitcoin core in regards to dynamic blocks... (luke jr received alot of backlash because of that).

pools are not going to break the rules and push for something if nodes are not ready for it..
which core knows. so they have prevented having a dynamic block release. and now done their own temporary feature as soft... but shot their self in the foot because again pools wont push forward with a big change unless there is a big node acceptance. even if devs feel that nodes dont deserve a vote. pools are smart to know for validation security nodes have a place in the network.
hense why segwit is holding at 75% pools undecided about segwit


i was also with dynamic block but i've heard there are some problems, first of all is if an attacker is abusing the network by flooding it and increase the dynamic block momentarily, this will lead to some sort of centralization toward strong node

the other thing is to follow the monero project with its dynamic block, but it will change a bit the fundamental economy of bitcoin, making it inflate for a small amount like monero did