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Re:What did Bitcoin Core contributors ever do for us? by fpgaminer on Sunday July 23, 2017 @01:43PM (#14833405)
> The counterargument is that there's no other technically credible team in Bitcoin

You forgot the most important counterargument. That they _did_ move extremely fast on scalability. They released a masterpiece of engineering, SegWit, which doubles the blocksize, improves efficiency, enables future efficiency gains, and a laundry list of other improvements ... all while being a softfork. And, IIRC, that was all developed, tested, and released in _very_ short order.

Re:What did Bitcoin Core contributors ever do for us? by SkyMarshal on Monday July 24, 2017 @02:03AM (#14836173)
True. Core's website has two good reads on SegWit for anyone interested:

https://bitcoincore.org/en/2016/01/26/segwit-benefits/

https://bitcoincore.org/en/2016/10/28/segwit-costs/

Re:What did Bitcoin Core contributors ever do for us? by RandVal30142 on Sunday July 23, 2017 @06:16PM (#14834710)
> That they _did_ move extremely fast on scalability.

Three years. People have been making issue tickets for three years about Bitcoin's block size.

"Core's" response was always to suggest an indirect fix to this by enabling SegWit.

>a masterpiece of engineering

Substantiate your claim.

>doubles the blocksize

Incorrect. 140% is the common number floated around.

>doubles the blocksize

140% block 'capacity' while using 400% more bandwidth. That is terribly inefficient.

>enables future efficiency gains

Substantiate your claims.

> and a laundry list of other improvements

Substantiate your claims.

>developed, tested, and released in _very_ short order.

Funny how Core halted development of Bitcoin for several years now up until now.

Now there is a frantic dash to get SegWit implemented as a fix to the block size issue even though it does not directly address it. What SegWit DOES directly affect though is the ability for Blockstream(Core) to roll out for-profit products that use Bitcoin as a settlement layer. This is the vision AXA[1] Strategic Investments and others have for Bitcoin and they are using their investments in Blockstream to make it happen.

[1] http://www.coindesk.com/investment-bank-axa-eyeing-bitcoin-f...

Re:What did Bitcoin Core contributors ever do for us? by qznc on Sunday July 23, 2017 @02:02PM (#14833496)
SegWit is in use by LiteCoin for a year already and the first proposal for Bitcoin was at least two years ago.
Re:What did Bitcoin Core contributors ever do for us? by haakon on Sunday July 23, 2017 @02:41PM (#14833706)
SegWit activated on Litecoin on May 10 this year.
Re:What did Bitcoin Core contributors ever do for us? by the-dude on Sunday July 23, 2017 @02:43PM (#14833717)
Compared to changes of traditional currencies, two years is incredibly fast.
Re:What did Bitcoin Core contributors ever do for us? by lclarkmichalek on Sunday July 23, 2017 @03:33PM (#14833961)
What? Central banks can change fundamental properties about a currency overnight. i.e. https://en.wikipedia.org/wiki/Swiss_franc#2011.E2.80.932014:...
Re:What did Bitcoin Core contributors ever do for us? by snissn on Sunday July 23, 2017 @08:34PM (#14835168)
Moving is a knob is a lot different than building a knob.