Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees
Honest question what do you have against segwit ?
Segwit weakens Bitcoin's security model
https://bitcrust.org/blog-incentive-shift-segwit
Risk of SegWit
https://nchain.com/en/blog/risks-of-segregated-witness-mining-cartels/
Dr. Peter Rizun - SegWit Coins are not Bitcoins - Arnhem 2017
https://www.youtube.com/watch?v=VoFb3mcxluY
Didn't SegWit increase the block capacity?
https://www.bitcoincash.org/
Even if used in 100% of transactions, the increase would equate to 1.7MB blocks. Thus, it is a small capacity increase at best. It will not handle exponential growth or worldwide usage. Second, the soft fork implementation results in discardable signatures, which weakens Bitcoin's security model. Third, it makes future capacity increases more difficult due to bandwidth inefficiency and quadratic hashing attacks which SegWit doesn't solve since an attacker isn't forced to use it.
For those (and other) reasons, Bitcoin Cash was necessary as a pre-SegWit fork. Segwit will not be adopted.
8 times Core told people Segwit is a Blocksize Increase
http://archive.is/6DkOY
Small Blocks Destroy Miner Revenue
https://keepingstock.net/an-open-letter-to-bitcoin-miners-c260467e1f0
Is that the best you can come up with some BS articles I could come up with a list of articles that list technical reasons on why increasing the blocksize is bad does that make it a valid reason.
on another note looks like the miners have finally thrown in the towel and gave up last block 3 and a half hours ago now just wait for the EDA exploit to fix the profitability for them they only need to trigger a single reduction to keep parity any more and it will be more profitable and back to hyper blocks
Did you even read tec-bro? You've got a long way to go to fully understand this technology. MartinGandhiKennedy was nice enough to paste you a dump of some pretty well-researched academic work that shoots Segwit full of holes, and you want to reply 10 minutes later that you've still got all the answers? Lrn2google and educate yourself.
Here's a 20 word summary for you: Segwit is 6000 lines of code that will haunt Kore/BTC to the grave. Lightning doesn't exist and won't ever work.
I suggest you adjust your thinking accordingly.
Oh, and BCH hashrate/EDA gaming is fixed. Somebody made an API which allows miners to jump on BCH mining the minute the hashrate drop dramatically - market forces at work...
MartinGandhiKennedy on Today at 01:48:58 AM
tekmobile on Today at 06:41:51 AM
Someone needs to learn to read too
segwit is in the wild securing a lot of money currently over 10% of all btc transactions are segwit on and has been active on litecoin for years with 0 reported issues
Quote
Oh, and BCH hashrate/EDA gaming is fixed. Somebody made an API which allows miners to jump on BCH mining the minute the hashrate drop dramatically
That is not the definition of fixed, fixed would be that they cannot game the system anymore not that they can game it more accurately there are currently talks of removing it altogether