Re:Bitcoin's ASICBOOST Problem Explained [pdf]
by midmagico on Monday April 10, 2017 @12:40AM
(#14076079)
> I might be underinformed but everything I've learned so far is that larger blocks and segwit aren't a dichotomy at all.
You aren't underinformed. You are completely correct with this comment. SegWit isn't incompatible with a blocksize increase, because it is a blocksize increase. :-)
I love bitcoin too. I might be underinformed but everything I've learned so far is that larger blocks and segwit aren't a dichotomy at all. I think segwit sounds good. And I think larger blocks sound good too (but I realize that they do come at a cost). If the overall transaction throughput increases but the fee income goes down for miners, I will be understanding but not too overly concerned with the miners welfare.
IMO the folks opposing segwit are not acting in bitcoin's best interest. The folks opposing big blocks are heavily optimizing against centralization. I think the latter are genuinely interested in doing the right thing but I wonder if they aren't being a little to zealous.