You are viewing a single comment's thread from:
RE: Hello Steemit comunity
SegWit has a potential for scaling the network. It supports option of Lighting network which in theory could speed up transaction time and lower the fees. Sure you can't predict everything and something might come out bad. But how is this not scaling?
And what is making you so sure that Chinese miners are looking for an actual on-chain scaling solution that isn't SegWit? What is that they are looking at? And why they are going trough with SegWit now and admitting that it is the best way forward if it isn't a solution?
A block size increase is what they are looking at. And the roadmap provided by Bitmain included EVERY single scaling option. They aren't putting their eggs in any one scaling basket -- they are (appropriately) willing to explore them all.
Lightning is NOT Bitcoin. It's a financial derivative that is NOT P2P. It has points of centralization. It's cool but it is NOT Bitcoin.
Block size increase also is not the answer. At least not right now. Maybe next year or year after it will be a necessity.