Post
Topic
Board Announcements (Altcoins)
Re: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION]
by
KikloV
on 13/09/2017, 09:32:49 UTC

Neutrino requires segwit.
Once a Blockchain is infected with segwit , it can never be removed.

Segwit allows counterfeiting & fractional reserve shenanigans thru 3rd party side chains.
Which Blockstream has applied for a patent on those segwit enabled side chains.
https://patents.google.com/patent/US20160330034A1/en?assignee=blockstream

So basically,  Hell will freeze over before we corrupt the ZEIT blockchain with the trojan horse known as segwit.

Also any coin stupid enough to include segwit in their blockchain,
could face a lawsuit for patent infringement.
https://falkvinge.net/2017/05/01/blockstream-patents-segwit-makes-pieces-fall-place/
Quote
Blockstream having patents in Segwit makes all the weird pieces of the last three years fall perfectly into place
Based on Blockstream’s behavior in the Bitcoin community, I have become absolutely certain that Segwit contains patents that Blockstream and/or their owners have planned to use offensively. I base this not on having read the actual patents, for they can be kept secret for quite some time; I base this on observing Blockstream’s behavior, and having seen the exact same behavior many times before in the past 20 years from entities that all went bankrupt.


ZEIT
can not be counterfeit and is immune from segwit related hacking or lawsuits and we plan on keeping it that way.

Cool

FYI:
Offchain Transactions are already available for ZEIT by using either Cryptopia or NovaExchange.
They both allow your coins stored with them to be transferred offchain to another Exchange User.
Offchain Transfers are instant and perfect for retail transactions  ,where you need the complete exchange of funds to occur in less than 10 seconds. (No one likes a slow line at a store.)