Post
Topic
Board Bitcoin Discussion
Re: The only answer against Miners Mafia is UASF
by
wck
on 09/04/2017, 09:40:37 UTC
Also just exactly how can SegWit block AsciBoost? 
The coinbase transaction in a SW block contains the hash of all the transactions in a block, forcing a miner employing ASICBOOST to spend more resources on calculations so that the advantage to employing ASICBOOST is removed.


Anyway Bitmain has stated they aren't using AsicBoost
But Greg said that he has proof that a miner has implemented ASICBOOST, and that this is why they are not signaling for SegWit.

Since Greg Maxwell is the posterchild for integrity, and has never tried to mislead anyone in his life, it is safe to take his word for it without any evidence. /s

and are holding out for 2MB blocks with SegWit.   Which actually sounds like a reasonable compromise at this point.   https://blog.bitmain.com/en/regarding-recent-allegations-smear-campaigns/
The problem with increasing the max block size at all is that doing so will create a precedent that the max block size will be increased once it needs to be increased (aka when blocks become full). However in order for LN and other settlement layers to be economically viable, tx fees need to be very expensive (prohibitively so), and if one option is to increase the max block size, then tx fees will never be prohibitively expensive. 

I take it that you have never written or even worked on any miner either hardware or software.   Hashing all the transactions in a block is child's play and has nothing to do with finding the block.   

As for the president that is also nonsense.   2 years ago when I was very active the Bitcoin network you would have had a point.   We are about a year past that now.   SegWit would work just as well with a 2 MB max block size as with a 1 MB block size.   There is a lot more politics than common sense being used here.