Re: Last Time. In small words. Why 2MB impossible. Why Soft Fork. Why SegWit First..
Ok.
Jhonny's got 3 threads up about mean nasty Core and how they are destroying Bitcoin.
Here is my LAST attempt at explaining 'what is going on' rationally.
1) There is a 'buglet' in Bitcoin that means that you can construct a TXN that uses a lot of time to process / check. Let's not worry about what it is but agree that it exists. The larger the blocks the easier it is to construct this TXN, and IF we had 2MB blocks, right now, you could bring down the network. This issue is fixed with SeqWit. So Core thought, let's introduce SW first, THEN we can make the blocksize bigger. Safely.
2) Soft fork vs Hard-fork. The 'poison pill' Jhonny and Franky keep ranting about is actually because CORE thought that NOT forcing you to upgrade was a GOOD thing. This is a Soft Fork. It means if you don't upgrade - no problem. No Split. We all carry on as before, and all the clever SegWit shit will happen in a way that doesn't affect the old nodes. Safely.
3) Bigger Blocks would ALREADY be here IF we had just upgraded to segwit 6 fucking months ago. This ridiculous stalemate is what is causing this total cluster fuck of a situation. Once we get SegWit.. oh mama.. ALL the clever things people have dreamed about can START to happen. AND Bigger Blocks!.. Safely.
..
If you are saying - NO! You Bast***ds! We want to jump ship to BU, which has a new consensus model, and software that crashes every 3 weeks, you are NOT acting SAFELY. Fact.
CORE are NOT your enemy.
.. Wake UP! (My New Chant..
) .. before it's toooo late..
Well said. Just look at LTC and imagine what would happen to BTC price. Jhonny's got 3 threads up about mean nasty Core and how they are destroying Bitcoin.
Here is my LAST attempt at explaining 'what is going on' rationally.
1) There is a 'buglet' in Bitcoin that means that you can construct a TXN that uses a lot of time to process / check. Let's not worry about what it is but agree that it exists. The larger the blocks the easier it is to construct this TXN, and IF we had 2MB blocks, right now, you could bring down the network. This issue is fixed with SeqWit. So Core thought, let's introduce SW first, THEN we can make the blocksize bigger. Safely.
2) Soft fork vs Hard-fork. The 'poison pill' Jhonny and Franky keep ranting about is actually because CORE thought that NOT forcing you to upgrade was a GOOD thing. This is a Soft Fork. It means if you don't upgrade - no problem. No Split. We all carry on as before, and all the clever SegWit shit will happen in a way that doesn't affect the old nodes. Safely.
3) Bigger Blocks would ALREADY be here IF we had just upgraded to segwit 6 fucking months ago. This ridiculous stalemate is what is causing this total cluster fuck of a situation. Once we get SegWit.. oh mama.. ALL the clever things people have dreamed about can START to happen. AND Bigger Blocks!.. Safely.
..
If you are saying - NO! You Bast***ds! We want to jump ship to BU, which has a new consensus model, and software that crashes every 3 weeks, you are NOT acting SAFELY. Fact.
CORE are NOT your enemy.
.. Wake UP! (My New Chant..
) .. before it's toooo late..