Quote from: iamnotback on April 01, 2017, 09:23:09 AM

Charlie Lee works for Coinbase. I presume Blockstream's bankster backers will realize they need to move forward and Litecoin provides them the easiest transition to do so, if they can't attain consensus for activating SegWit for Bitcoin.

DCG which funds blockstream also funds BTCC (main pool involved with charlie lee(bobby lee owned) and was first to flag sgwit. DCG also funded coinbase..

they are one step ahead of you.

Quote from: iamnotback on April 01, 2017, 09:23:09 AM

Frankly I think it is quite dangerous to activate such radical changes to Bitcoin. Much better to activate on a lesser blockchain so if there are flaws and bugs then Bitcoin isn't as affected. Bitcoin needs to be stable and prioritize continuity, because it is intended to the gold standard of blockchain tokens.

if there is a bug in core. then downgrading back down makes all them new blocks containing segwit transactions become 'anyoncanspends' .. yep segwit is not a safe thing to downgrade in an event of a bug either.

oh and remember is blockstream that want to kill PoW so blockstream having a bug and needing to downgrade is actually even more hassle again..
though blockstream activation uses an exploit to seem easy to activate. what it actually does AFTER activation to the data and everything is not as 'easy' to undo once done.

yet all thats needed for dynamics is just to stop making blocks over 1mb and make blocks at 1mb until fix. = less hassle

Quote from: iamnotback on April 01, 2017, 09:23:09 AM

LN is all about enabling private fractional reserve banking with centralized hubs. LN just doesn't scale otherwise (due to routing and other issues). That is probably why Blockstream received $70m in funding. Perhaps they thought they could hijack Bitcoin, but they will have to face the reality of the situation.

Quote from: iamnotback on April 01, 2017, 09:23:09 AM

Ethereum will be shipping a beta of a LN clone soon named Raiden. So the pressure is mounting on Blockstream and also on everyone invested in Bitcoin. Seems to me that Litecoin is the best option available to all affected parties.

im kinda wishing that blockstream just jump over to litecoin and make that their experiment before they go ubercorporate with hyperledger.

letting bitcoin go back to being independant and diverse

lets see how fast lauda deletes my post because it talks about his dear blockstream