Trezor Founder: Bitcoin Without SegWit is Gold, Just As Inefficient and Limited

in #crypto7 years ago

 Slush, CEO & IT Architect of SatoshiLabs, the parent company of Bitcoin hardware wallet manufacturer Trezor, believes that without Segregated Witness (SegWit), Bitcoin will be like gold - just as bad, inefficient and limited in functionality.  Slush stated:“Bitcoin as Gold is Bitcoin without Segwit. Just activate it and whole world of new applications and solutions wi Slush further noted that Bitcoin is more like gold without the presence of SegWit, as it limits the functionalities of the Bitcoin network. It can’t operate as an efficient settlement network and transaction facilitation system without proper on-chain and off-chain scaling technologies.While expanding the Bitcoin block size is important to reduce transaction delays, Slush explained that it is equally important to activate SegWit to introduce a new generation of applications and solutions. ll appear.”https://cointelegraph.com/news/trezor-founder-bitcoin-without-segwit-is-gold-just-as-inefficient-and-limited

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Interesting opinion. Bitcoin will become great anyway.

slushcz slush tweeted @ 17 Mar 2017 - 13:01 UTC

@matshenricson Bitcoin as Gold is Bitcoin without Segwit. Just activate it and whole world of new applications and solutions will appear.

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