Post
Topic
Board Bitcoin Discussion
Re: [POLL] Possible scaling compromise: BIP 141 + BIP 102 (Segwit + 2MB)
by
hv_
on 25/03/2017, 11:01:51 UTC
Hashing power:
40% for BU
30% for SW
30% undecided.
But.
BIP148 is coming, so lets look on nodes:
90% Core
10% BU
Lets guess, what will happen when 148 activate in November?

If 148 is USER activated soft fork, and majority of USERS want cheap and fast transactions ON CHAIN, is IS possible to make UAHF and raise block size.
I know, that scaling on chain is impossible, bus as I mention earlier - segwit goodies need time to be up and running, block size works instantly.

@Lauda, blocks are NOT verified as whole at one time. Maybe you forget, that every transaction that is received by node is verified on delivery. New block is announced as header (one hash to verify POW) and hashes of transactions included in it - node just need to verify gentx and pull/verify only MISSING transactions. In other words: if node is online and collecting transactions, even 15MB block can be verified in second, because node know and have verified transactions from block.

edit: fixed BIP number, its 148 not 168...  https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki

And how many % are just running SW / core just because of some signed letter politics, hidden or open FED meetings or just uninformed ?  What would it look like if all could decide on really a free and uncensored base?