An Explaination of SegWit – Bitcoints


Published on April 20th, 2017 | by bitcoin


An Explaination of SegWit

The key points against SegWit can be roughly divided into three groups: technical, political and ideological.
Some have argued that SegWit, in its current state, will not be able to solve the problems it promises to solve.
The fact that the debate is now not purely technological but has a political aspect too only complicates things.
A large number of people working on SegWit are also employed by a company called Blockstream, whose primary product is sidechain solutions.
For some, that is an unacceptable compromise, no matter how little power the third party wields in solutions such as the LN and others.


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