Post
Topic
Board Bitcoin Discussion
Re: Segwit opens the door for mining cartels
by
Kakmakr
on 19/06/2017, 05:59:52 UTC
Biased much? "Dr. Craig Wright is Chief Scientist at nChain, the global leader in research and development of innovations in blockchain technology. nChain opposes SegWit and instead supports removing the Bitcoin blockchain’s artificial block size limit (temporarily set at 1MB) to fuel increased scalability. nChain also supports on-chain scaling as the only viable method for the Bitcoin protocol to scale globally and remain decentralised. nChain also advocates for the formation of a neutral standards organisation to coordinate and manage the Bitcoin protocol and technical standards."

What did you expect from the local snake oil salesman? You will risk a ton of hashing power in the hope that you could pull of a 51% attacks with precision timing. Once you have done this, you effectively ruined Bitcoin and the whole technology would have failed because you bought a new Tesla or a 70" Smart screen TV. ^Woopla"