Segwit and the Future of Bitcoin with Jimmy Song and Ivan on Tech
Just finished a Live session with Jimmy Song and Ivan on Tech : "Segwit and the Future of Bitcoin"
Thank you for tuning and asking questions. We hope to have covered the important stuff. For those who missed it, I'm linking the recording below:
I'm also planning to make a cut down version of the talk
Objectives:
Scenarios for Aug 1st
Dispel some rumors / false information that is spreading in the bitcoin community
Theme: Will Aug 1st Lead to a Better Bitcoin?
Questions
Tell us about yourself How did you get into Bitcoin
Why do we need to fix Bitcoin Scaling? (eg. currently a large number of transactions create higher fees)
Optimistic Scenario - Locking mechanism etc
Failed Scenario - Betray and chain split
Practical: what do “regular” people absolutely need to know until the August the 1st? For example: is it safe to transact during that time etc..
How do we think we can heal the wounds and get everyone working together again
What misconceptions do you want to dispel - what do you think people get most confused about
References
https://medium.com/@jimmysong
Latest Post: https://medium.com/@jimmysong/uasf-segwit2x-scenarios-and-timelines-1a540336c4be
Best new channel on YouTube say all cryptoheads! Leading developer of an up and coming crypto shared that today by e-mail❣ Well done Michael @boxmining
Glad to help here on steemit ♨ group think team has been my crypto mission for a bit👀
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Thank you for sharing this information. I found it very interesting! Steem On brother!
Short concise video like always. Boxmining rocks :)
I bought my first 3 Bitcoins when they were at €500,- at a BTC ATM in a bar. :-) They all thought I was insane putting all those €50,- bills in this machine.
Great Interview!
Smart Contracts on Bitcoin? I am Blown away.
Right now i feel like all the other coins are just experiments to find out what is good and stable. Before stuff gets introduced onto the real thing: Bitcoin.
I understand now, even if enough nodes are locked in and signal segwit2x, things are still unsure. There are still many ways how things can go wrong.
Quite scary if just one big miner can jeopardize the whole switch over.
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Awesome vid. Saw Jimmy Song interviewed on Ameer Rosic channel as well. Glad to see developers engaging with the community.
Thanks for putting this information out. Love Jimmy Song! Good to know what may be coming up soon. Bitcoin is coming through it's challenges and continuing to look great!