Segwit is a no-brainer over BU, here's why.

My take on it is this as follows:

We can either

A) just say fuck it and demand a simple block size increase FIRST, from 1MB to 2MB (which coordinating consensus on this would surely drag out for at least 6 months, if not much longer). Then okay... We have 2MB blocks. Now what?

OR

B) We push segwit first, which almost doubles the allowable transactions, effectively giving us just about the same transaction increase as a 2MB block would, WITHOUT doubling the size needed for storage. THEN, after segwit we bump up the block size to 2MB or whatever, only now we have DOUBLE the transactions in 2MB blocks w/ segwit than we would have had in 2MB blocks without segwit. PLUS the additional benefit of allowing other improvements to the protocol, AND solving malliability.

Seems like a no-brainer to me... Right? Someone please correct me if I'm misunderstanding anything here.

EDIT: this being said, I do believe that Core should come out with a solid road map to a block size increase now that segwit is ready. This will help appease some of the BU supporters, and I think everyone agrees that eventually this will need to happen, one way or another. The sooner the better.

Submitted November 27, 2016 at 11:57PM by Kitten-Smuggler http://bit.ly/2gzqPJt