Good to have you back on Steemit after 6 months. Good post! :)
May I ask you: Are you against Segwit in general or only against Segwit as a solution for the problem with full blocks (as a scaling solution)? What if we enable Segwit together with a block size increase?
Glad to be back! The improvements made by segwit will also be implemented by the Bitcoin Unlimited team, but are not urgent. Fixing the congestion of the current Bitcoin network is super urgent.
Adopting Segwit would start offloading mempool congestion almost instantaneously, How is this not urgent?
FYI, I am running a bitcoin brokering business doing dozens of transactions with beginners every day and had not a single person complaining about the fee costs even when it's the 1$ range. If blockchain.info receive so many support request for transaction fee problems it's because the wallet has constantly been behind in terms of setting the right fee given the network condition. Still to this day BC.info has no reliable way to select Low Normal or High priority.
I've listened to that whole "debate" at anarcopulco and was completely mind blow by your lack of understanding of why zero-confirmation transactions are not and have never been secure. If anything RBF make these transaction more secure by signaling miners that a doublespend really is a double spend when it's not flagged as RBF. You seem to think that because 99.99% of past double spends attempts have not been included by miners mean that the incentive isn't there for a miner to decide to include a transaction with 100$ transaction fee over the standard fee.
Yes, indeed. I always told friends Bitcoin is fast and there are almost no transaction fees. I can't make those arguments anymore. In its current state Bitcoin looks more like gold. People use it as a safe haven, but as a payment method there are cheaper and faster options.
Steem for example has a 3 seconds block time and always zero transaction fees.
Good luck bro, it's up to people like you to make bitcoin transactions faster. I really miss those 20 minute transaction times from the good old days.
Following both you and your progress!
Nice to meet you steemjesus! The image you are using brings back some good memories. For those who don't know, it was originally created for use on my Bitcoin billboard in Silicon Valley: https://forum.bitcoin.com/bitcoin-discussion/the-newest-bitcoin-billboard-is-coming-to-silicon-valley-t149.html
Dude, you rocked the Acapulco conference. Too bad your beeper went off and had to cut your appearance short. I wish that the soft fork guys had half the passion as you man. Never stop following your heart and soul!
If STEEM has taught us one thing it's that TIME is the most valuable resource we humans have. The passion that you display proudly and publicly brings tears to my eyes knowing of all those who so dearly NEED blockchain tech RIGHT NOW!
Bitcoin Jesus 1.O ain't messing around yall
Transaction are still confirmed within an average of 10 min when you pay sufficient transaction fee.
Mycelium is a good wallet that allows you to set a priority fee it's "standard" fee is usually always next block too.
https://bitcoinfees.21.co/ to know what's a good fee for next block inclusion.
Transfering funds with steem in 3 seconds is a big mistake... Because after this experience and trying to send BTC again is a guarantee to commit suicide then after....