![]() ![]() ![]() Not to mention throwing well known bitcoin companies under the bus any chance they get for supporting another way, That is some crazy ass ministry of propaganda shit right there. Now it is painfully obvious, they openly squash any discussion of alternative ways of doing things, they center discussions only around their way of doing things, you better not even point out a new idea, r/bitcoin is even editing the CSS and the way comments show up. No wonder these other bitcoin clients came about. I realized they had no intention of being a fully transparent open source project. Then one day I had a "holy shit these guys are really trying to control everything to do with bitcoin" moment. I mean why wouldn't they? some of these other approaches seemed interesting. I wasn't even that interested in the blocksize discussion at first, nor did I even fully agree with the xt,unlimited, and classic approach of starting a new repo, mainly because I thought these two sides could work together and figure something out. Both sides believe their vision is the best and safest way forward for different reasons and as we are humans we fight for what we believe in :-) Nobody (except maybe a few radicals) wants to split the network. So there are not two types of bitcoin as the system will find consensus on what the way forward will be. Lightning Network does need SegWit to be activated because of the fix to maleability it provides. ![]() It is likely to be very usefull for smaller and micro payments in the future and definitly a very interesting innovation. How it will function and if transactions on it will have the same qualities of todays on chain transactions remains to be seen. The promise of increased capacity through Lightning Network is uncertain as it is not finished and is unlikely to be really usefull for normal users any time soon. Segwit also would only activate after miners have reached consensus on activating same as Classics current 2mb code with the differense that all full nodes would need to be updated after Classic activates to remain functional. If users keep doing transactions old style this increase in capacity will not be as large as promissed. ![]() The estimated increase is 1.78 mb but it is very uncertain when that capacity would be a reality as it would need all wallets to upgrade to the new format and all users using this new type of transactions. I dont think Classic dev team is looking to restrict second layer innovation, it simply believes development priority should be preserving current functionality and not hampering the addoption growth pattern while these innovations are taking place.Ĭore proposes Segwit which looks to be released in the near future. It is an emergency measure while other work is been done to allow for further increase of on chain transaction growth. Classic current code would allow for 2mb blocks (1mb today) after miners have reached consensus on implementing it. Classic believes use of on chain transactions should be allowed to grow (while alternatives are being developed) and core chooses to keep on chain transactions restricted to encourage people (trough limited access and therefor higher fees) to move to Lightning network and other second layer (of chain) solutions even though they are not ready yet. It is two visions on how to move bitcoin forward expessed in code. ![]()
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