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RE: Coinbase, BitPay, Blockchain.info Still Not Upgraded to SegWit

in #bitcoin • 7 years ago

Kory, what do you think about bitcoin cash implementing 8mb with the lightning network. Do you think this is the best way to scale bitcoin? Or would you say sticking with bitcoin segwit will be beneficial?

7 years ago in #bitcoin by
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     7 years ago 

    Hey itai0921! Thanks for the response!

    Good question. While in theory a big block size + lightning might be the most obvious choice to scale a network, the best choice isn't always the most obvious one. I am not too sure, time will tell if that is the best strategy. It certainly would be interesting if Bitcoin Cash ever implemented lightning though. They do have quite awhile to go before they even need to think about off chain scaling, although it doesn't sound like any of the prominent Bitcoin Cash people (Ver, Wright, etc) are interested in any sort of off chain scaling.

    My goal is and will remain 5 billion people using Bitcoin on a daily basis.

    With the ability to scale and achieve this in BCC. I have no animosity towards BTC and CORE. If they could make BTC scale it would be my goal.

    The issue is BTC cannot scale as is. Offchain is a trap.

    Dr Craig S Wright (@ProfFaustus) October 18, 2017

    Also:

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