Re: [bitcoin-dev] BIP49 Derivation scheme changes

[Thomas Voegtlin via bitcoin-dev]

On 30.08.2017 09:24, shiva sitamraju via bitcoin-dev wrote:

> 
> 2. Segwit wallet seed words have a different format which is incompatible
> with previous wallet seed words. This  encodes the information that this
> wallet is segwit in the seed words itself. We need to define a structure
> for this
> 

That is what Electrum does.
See http://docs.electrum.org/en/latest/seedphrase.html
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Re: [bitcoin-dev] Horizontal scaling of blockchain

[Tom Zander via bitcoin-dev]

On Friday, 1 September 2017 20:15:53 CEST Cserveny Tamas wrote:
> The usage growth seems to be more of exponential rather than linear.
> Sooner or later the block size will need to be 4 mb then 40 mb, then what
> is the real limit? Otherwise waiting times and thus the fees will just
> grow rapidly. I don't think that it is desirable.

The real limit is set by the technology. Just like in 1990 we could not 
fathom having something like YouTube and high-res video streaming (Netflix), 
the limits of what is possible continually shifts.

This is basically how any successful product has ever grown, I think that it 
is not just desirable, it is inevitable.
-- 
Tom Zander
Blog: https://zander.github.io
Vlog: https://vimeo.com/channels/tomscryptochannel
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