Quote from: 1Referee on August 25, 2017, 01:30:02 PM

Quote from: chopstick on August 25, 2017, 01:22:39 PM

Don't worry guys, I'm sure segwit will fix all our problems soon, and these $10-20 w/d fees will go away soon.. Roll Eyes

Sarcasm? Segwit was never pointed at as being something that would get rid of potential spam attacks. People just assume Segwit will instantly reduce fees significantly, instantly reduce mempools significantly, but that's obviously not the case - they should invest some time into getting to know what Segwit is actually about. It makes spamming the network more costly for whatever entity, that's pretty much it. Nothing prevents those behind Bitcoin Cash to keep spamming the network for plenty of more years, if they can justify spending more to susain these attacks for whatever period of time. I am fairly sure that they are greatly contributing towards the greatly increased number of rubbish transactions that we experience right now.

Segwit and cash are both intended to "resolve" spam making it more costly. The point is I find segwit solution more "elegant", because instead of increasing blocks (very resource-consuming in the long time) they make tx smaller.

I will search for reference, but I understood that now we are still in a test case, and segwit benefits will become fully operational only after 2 more weeks after activation.