Saturday, 6 April 2019

Stop using Binance until they support SegWit!

Let's call Bullshit on Binance for not supporting SegWit in the only way that they will notice.

Boycott Binance until SegWit.

The anti-SegWit decision by the world’s biggest exchange contributes unnecessarily to enormous mempool spikes and fees such as what happened a few days ago.

Here are reasons that Binance are anti-SegWit:

  • a preference for crypto to remain on exchange rather than be withdrawn. Small transaction adjustments have large effects on behaviour.
  • to create value for their Binance BNB token relative to other tokens like Bitcoin.
  • more reasons to support the Token Launch Platform / Binance Launchpad to solve problems by first generation currencies like Bitcoin.
  • people much smarter than me will add to this list no doubt.

Let’s relentlessly start posting and liking and generally getting pissed at Binance about lack of SegWit support!

Let’s call Bullshit on Binance!

If we wait until the bull market is in full swing it will be too late.

submitted by /u/rocksalt9
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