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RE: 5 days ago i said of BCC/BCH News.. Now they killed BTC in Trading Volume!

in #bitcoin7 years ago

I can't believe people are still talking about ASICBoost. It's a non-issue that was blown way out of proportion to use as a red herring to distract people. And 8MB blocks certainly won't grow the chain too fast; if the network was at capacity and every block was actually 8MB, that would grow the chain at a rate that keeps pace with growth in storage tech, rather than one that lags behind. Segwit is completely unnecessary, which isn't to say that a malleability fix isn't necessary - it is. The only reason SW could possibly be preferable to FlexTrans is because it's (a hardfork disguised as) a softfork, while FT is a hard fork. To any sane person with an understanding of the underlying technology, the technical debt introduced by SegWit cannot be justified by the perceived safety of it being a softfork.