Bitcoin Scaling Comments from 8BTC
So there should be a bridge to communicate between East and West regarding this issue. Seems like a lot of people are not fully understanding each side due to this language gap so I will do my best bridge this gap. Here are the links to the forum from 8btc and what follows are my translation(not google).
http://8btc.com/thread-54355-1-2.html
http://8btc.com/thread-54287-1-2.html
Looks like there's only one supporter for SW + LN. Here's my personal translation, not google translate. I'm Chinese myself so I can help a bit. I'll just translate what I understand: Core is hindering bitcoin's development. Core doesn't support BU pools. Be prepared to lose a huge amount of hashing power. Consumers/Users wants bigger blocks, this is the only path forward. SW has already failed. The network now cannot work properly.
The fees are high. Confirmation time has reached all time high, the situation can only get worse.
As hundreds of thousands of new users of bitcoin realize that bitcoin is being destroyed by 3-5 stubborn Core developers' sabotage, they will be very disappointed/disheartening.
Outstanding Core developers: Gavin Andresen, Jeff Garzik, Mike Hearn are who made the bitcoin today. If not for their being ousted by current core "descendants", we could have solved the 1MB block size 2 years ago. This stalemate would not have appeared.
Gavin has wrote why increasing block size is urgent. Now Core doesn't represent the community. They are centralized and controlled by few people. This toxicity has wasted years of time for bitcoin.
For pools' interest, each miner will not risk their investment to support LN. Unless you support those who want bigger blocks users, they will leave your mining pool. Please support BU, BC, Bcoin, Parity-Bitcoin and other non-core software. Decentralize development/progress is bitcoin's next step.
Blockstream demands SW, not the market. Why is Core so vehemently propagating segwit? We need to find out what the Core's goal is? Is it really for the good of bitcoin's future? Is it the need of the market? Core has a deathgrip on 1MB, strongly support SW, the real reason is Blockstream(BS) needs SW, not market needing SW. What market needs is smooth transaction and maintaining bitcoin's original quality, and good practical experience. BS is doing this because they want to bring on LN. They want to bring a huge amount of microstransactions to LN, so mainchain will only transact bigger transactions. LN would become the main part of point of transaction. Bitcoin will lose decentralization quality, and BS will have talking right over the rules of transactions. This would be destructive to bitcoin.
This is the best I can do.
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