Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 16/06/2018, 08:22:51 UTC
⭐ Merited by doc12 (1)
(snipped for relevance)

I don't see exchanges, devs and users complaining how flawed Segwit it, nobody lost money ore saw critical errors.  I only see that bullshit in the Bcash camp.

Can you provide me technical arguments/proof why Segwit is 'flawed' ore show it at the Github?

Yes. Fungibility.
What's the issue with fungibility that's so specific to segwit?

As I posted between there and here, Segwit creates three classes of Bitcoins. Each with distinctly different exposure to security vulnerabilities. 
1) Those that are completely free of any Segwit taint all the way back to their constituent coinbase transactions;
2) Those that are not currently output from a Segwit transaction, but have Segwit taint between here and their constituent coinbase transactions; and
3) Those that are the output of a Segwit transaction.


Get the fuck out of here with your BIG BLOCKER distraction talking points - now trying to pervert the concept of fungibility.

Just because a coin is being used in a specific way that does not make such coin more or less fungible than if such coin is used in another way.

The concept of fungibility goes to a kind of blacklisting of coins that cause some coins to be less spendible than others, and there is no fucking blacklisting going on through segwit or through lightning network...

So once again.. get the fuck out of here with your nonsensical misleading assertions.





Why don't we focus upon these issues first, before moving on? Note that these are all recognized as attack vectors by all who have studied the matter. The only controversy is in the probability of these flaws actually ever being invoked.

The primary attack vectors on bitcoin have been bcashers and big blocker nutjobs.  Segwit was adopted through consensus mechanisms, and lightning network is voluntarily being worked upon in a quasi-test phase, and surely utilizing the features of segwit in order to be more powerful... There seems to be a lot of consensus behind building upon lightning network that will likely be voluntary for a considerable amount of time, that will likely become bigger and BIGGER as adoption increases and as it continues testing and working out any possible bugs.  Sure some BIG BLOCKER nutjobs are going to continue to exaggerate negative speculation, like you seem to be doing, and to spread disinformation about supposed catastrophes of lightning network in order to pump their stupid-ass and largely non-substantiated negative talking points.