Post
Topic
Board Bitcoin Discussion
Re: The SegWit activation was a joke?
by
DooMAD
on 27/08/2017, 11:21:39 UTC
Hello guys, I really don't understand all the "excitement" about that SegWit thing. It already activated couple of days ago and still nothing - too many unconfirmed transactions, fees are very high,

Some SegWit proponents were a little overzealous in their unrestrained hyping of the benefits, while not pausing to contemplate on the effect this might have on all the people who rely on the opinions posted on this board for information.  Now we have all the anticipation built up and not much to show for it yet.  But please be patient.  For anyone who understood the fact that SegWit will only provide benefit when people actually begin switching to the new keypairs and using them for their transactions, this is all unfolding as predicted.  This information is not new, it has been available for some time.  It just got buried amongst all the hype and drama.  It's expected that some unreputable opportunists may seize upon this short term confusion and disappointment to claim that it was all a lie or that it doesn't work as advertised, but this should be ignored.  The improvements will become apparent over time, not straight away.

Give it time.