Post
Topic
Board Announcements (Altcoins)
Re: ★★DigiByte|极特币★★[DGB]✔DigiByte Gaming - CS:GO, LoL, DiguSign it?, DigiSpeed
by
Jumbley
on 20/03/2017, 22:45:42 UTC
community thoughts on activation of segwit on DigiByte chain and consensus of community. All sensible thinkers welcome to comment.  https://t.me/DigiByteCoin

completely unnecessary. DGB does not need a new scaling solution, it already has the best on chain scaling of any coin right now and can handle far more transactions on chain than any other coin + Segwit.

I agree. No need for immediate activation. The fact that it's there for the future, if and when needed, is good enough for now. It's never a good idea to unnecessarily complicate things, and if it's needed for marketing purposes, "Segwit Ready" or "Segwit Capable" or something similar should get the job done, as well as implicitly saying that it isn't necessary at this time. Win-Win. :-)

I'm inclined to agree but I think activation should happen in the region of 65% of miners. Here are some of the reasons stated by Jared on the subject.

Digi Tater, [20.03.17 14:16]
Segwit has many benefits besides simply increasing scalability

Digi Tater, [20.03.17 14:16]
it fixes the transaction malleability issue

Digi Tater, [20.03.17 14:17]
it allows for roughly 4mb worth of transactions in the same space as 1 mb takes now

Digi Tater, [20.03.17 14:17]
most importantly it allows for a future of on chain "smart" contracts on UTXO based blockchains

Digi Tater, [20.03.17 14:17]
so from an applications standpoint it opens many doors

Digi Tater, [20.03.17 14:18]
It actually makes the most sense to combine both approaches, Segwit + increased block sizes