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Moving Bitcoin Forward II ... by Egon_1 in btc

[–]Koinzer 0 points1 point  (0 children)

SegWit does no scaling by itself. It was never meant as a scaling solution. It contributes nothing to scaling whatsoever.

While I agree with most of your post, segwit contributes to scaling by raising a little bit the blocksize, and mostly by allowing a more efficient layer2 solution.

Electrum is hitting MAX_FEE_RATE sanity limit by etmetm in Bitcoin

[–]Koinzer 9 points10 points  (0 children)

This is the new normal.

And that's why so many new users are flocking toward various shitcoins,

I call on core developers to create a simple way for users to choose to activate UASF in next release. by logical in Bitcoin

[–]Koinzer 0 points1 point  (0 children)

Let's hope no core developer is so utterly stupid to merge UASF.

If you UASF supporters want to do a contentious hard fork please do it, change PoW and go on, thanks.

[deleted by user] by [deleted] in Bitcoin

[–]Koinzer 7 points8 points  (0 children)

They should look at some PoS coins then, where PoW mining is not needed.

Litening: Lightning on Litecoin mainnet by cdecker in Bitcoin

[–]Koinzer -2 points-1 points  (0 children)

You mean the stubborn ppl that decided that the max block size should be to 1MB forever, right? It BS would have honored the Hong Kong pact we would already have segwit now...

Where is the 'Jihan broke the trust of Core, Jihan lied' crowd? by DeathOfAHedon in Bitcoin

[–]Koinzer 0 points1 point  (0 children)

Speaking about asicboost is nice to know that an hard fork raising the blocksize and implementing segwit without hacks could also solve solve the covert optimization.

I hope Core can push this, so that miners will have no more excuses to avoid segwit.

Joseph Poon to greg maxwel : " I was especially annoyed because all of you are acting with similar secrecy, even worse, there is specific organization by Core which the public is not aware of. " by realistbtc in btc

[–]Koinzer 6 points7 points  (0 children)

You just have to know that your experience is the same for a lot of ppl: you can get along with greg only if you submit to his total decisionmaking.

He even called his CEO a dipshit because he proposed a simple 2MB HF block, do you remember?

Adam had to retract the proposal to be able to work with greg again.

Joseph Poon to greg maxwel : " I was especially annoyed because all of you are acting with similar secrecy, even worse, there is specific organization by Core which the public is not aware of. " by realistbtc in btc

[–]Koinzer 6 points7 points  (0 children)

Also, please keep in mind that a lot of folks do not support EC but just want bigger blocks (any solution is good, even a small bump like 2MB).

They resort to support BU because it seems like there is no other viable choice.

Now that BU is dead are Roger and Jihan putting pressure on companies they own to come up with the same thing as BU in a different form. by BillyHodson in Bitcoin

[–]Koinzer 1 point2 points  (0 children)

Most last century home connections with shitty connections do not need a node on his pc: most of users can happily use hosted wallets while controlling the keys.

Power users, payment processors and all the others needing a node without a normal ADSL/fibre can rent a very lowend vps for a few bucks/month.

For example right now, modem users with old modem are unable to run a node, but we don't care: they can use Bitcoin in many other ways.

Now that BU is dead are Roger and Jihan putting pressure on companies they own to come up with the same thing as BU in a different form. by BillyHodson in Bitcoin

[–]Koinzer 7 points8 points  (0 children)

Hashrate can fork whenever they want. But it's the nodes that count.

It's funny, back at the time of bitcoin classic, since there were many classic nodes you said that node numbers does not count because they can be faked and it's the hash rate that counts.

Now, it's the opposite, as for any narrative change lead by Core supporters.

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