179 - Thomas Voegtlin_ Blocksize, Bitcoin Unlimited, ASICBoost and Activating SegWit

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Click to download audio version Support the show, consider donating: BTC:
1KgnEbgUAtpmBBNKGhR7JroJBoMvEpJ5GZ (http://bit.ly/2pmi6ky) ETH:
0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (http://bit.ly/2nKneP1) Years into
the great Bitcoin scaling debate no solution is in reach. Neither bigger blocks
nor Segregated Witness have anywhere near consensus support. With the conflict
escalating, a Bitcoin fork has become a real possibility. Electrum Developer
Thomas Voegtlin joined us to discuss the state of the Bitcoin scaling
debate. We discussed Bitcoin Unlimited, ASICBoost, SegWit activation
without miner support and how a Bitcoin fork could play out. Possible outcomes
include that Bitcoin Unlimited gains a majority of hashing power and starts
mining bigger blocks. In the event of a fork, a proof-of-work change could be
done to defend the minority chain from miner attacks. And lately a proposal was
brought forward to activate SegWit without the support of the hashing power.
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