Can we stop wasting time with Ver and BU already

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Kryptous

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I think we all know that Roger and BU is simply a red herring. We all seem to be spinning our wheels discussing it ad nauseam and crapping all over BU left and right.

Who Cares!

Yes BU is a joke. Yes Ver is a clown. Yes the miners are signalling BU. Its all BS and merits no further discussion.

At this point its clear that the real power is with Jihan and the Chinese miners that are simply using BU signaling as a way to stall Segwit and LN. Lets discuss how we resolve the very real (and expected by design) conflict of interest between minors and the bitcoin user base.

1) We expect minors to act in their own self interest and they see LN as a possible threat to their very lucrative fees right now. This is especially true with limited blocksize and high demand causing ridiculous fees.

2) Users want more TPS so fees are reduced and BTC can scale and reach its ultimate destiny.

3) Game theory suggests that miners will continue to block segwit until it become unprofitable to do so (or a better alternative arises)

LETS COME UP WITH THE BETTER Alternative that addresses their short term fears and unblocks Segwit now…rather then waiting for the price to tank enough to force their hands. No need to discuss the merits of Segwit vs BU…..We all know Segwits makes more sense (as do the miners).

submitted by /u/biturd
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

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Ticker

1 BTC = $27778.75 USD  (via Coinbase)
1 ETH = $1905.89 USD  (via Coinbase)
1 LTC = $92.71 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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