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RE: Segwit2x News, Parity Hack and Poloniex Litecoin News Make For a Bitcoin Rocket This Am!

in #bitcoin7 years ago

What you're not hearing over the segwit propaganda is that most actual bitcoin holders favor big blocks and will be following a non-segwit chain starting Aug 1:

https://vote.bitcoin.com/arguments/the-bitcoin-abc-client-and-big-block-fork-bitcoincash-is-a-better-roadmap-than-both-segwit-and-segwit2x

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I understand your point, there are important risks involved on the whole software ecosystem around bitcoin. Still on the long term, bitcoin has no choice to encode and to compress such transactions in much more efficient way in order to scale up.

No, you're wrong. On-chain scaling is quite easy, actually.