Post
Topic
Board Speculation
Re: Good news everyone: SegWit may finally be activated with majority support
by
Hyena
on 26/06/2017, 06:30:10 UTC
segwit and good news, don't make me laugh  Grin
segwit is the shittiest news ever since its inception
bitcoin needs bigger blocks

A larger number of end users isn't what makes a coin decentralized. Visa has millions of end users. What makes a coin decentralized is how many miners and nodes there are.
The bigger the blocks, the fewer people that can mine or run a node, the more centralized it becomes.
That's why people don't want JihanCoin.

we all know this is bullshit, pretty useless to bring this as an argument in 2017. it might have worked 2 years ago when people were uninformed but today, come on. you've got to be better than that.  Grin

but sure, for the lulz let me play along with your fallacy. so let's say miner centralization is bad. guess what's even more bad. yep, wallet implementation centralization is even worse. bitcoin doesn't belong to blockstream you know. clearly they haven't been able to solve the TX fee problem, they have failed. worst company ever. better increase the block size to 4 MiB until a better scaling solution is invented by someone else than blockstream