Quote from: Markley on July 07, 2017, 09:28:03 PM

true but one counter argument is that segwit is simply a band aid to a much larger problem, and when the bitcoin network outgrows the extra space provided by segwit we will be back to where we are now with the sometimes incredibly long confirmation times and high fees. we need to find a better long term solution also

Quote from: South Park on July 07, 2017, 08:11:01 PM

Quote from: BCTalkaccountforsale on July 07, 2017, 06:02:02 AM

Quote from: CryptoBry on June 30, 2017, 04:04:04 AM

We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.

Maybe August 1st will be the biggest development of bitcoin, bitcoin will be recognized and developed in the world and grown up we should be happy about that. What people always expect it to come, because it will bring us great advantages

Activating segwit is going to be one of the biggest developments when it comes to bitcoin, it will help the network immensely by increasing the speed and reducing the costs of getting our transactions to be confirmed, this is key if bitcoin is to become a payment system used by hundreds of millions or even billions of people, it is the first step but it is a step on the right direction.

You are correct, but at the same time something needs to be done and besides this also helps bitcoin in the sense that buys time, it will take some time before we are going to be in the same situation we are right now and by that time another solution will probably have been developed already.