Charlie Lee: Bitcoin Miner Voting is Kind of Silly, But Safest Option

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Segwit Litcoin

On a recent episode of The Bitcoin Podcast, Litecoin creator and Coinbase Director of Engineering Charlie Lee spoke with co-hosts Corey Petty and Marcello Milteer about the activation of Segregated Witness (SegWit) on Litecoin. During the discussion, Lee shared his thoughts on the important role of miners in the activation process for protocol upgrades, which he referred to as “silly”, but he also clarified that it’s still the safest option available.

Activating SegWit on Litecoin

For Lee, getting Litecoin miners to agree on the activation of SegWit seemed like a simple enough task; however, it proved much more difficult than he initially thought.

“I thought the miners would all agree that, after being so boring for so many years, SegWit seems like an obvious choice to add to Litecoin to improve things, but that turned out to be a little bit harder to convince all the mines and pools to do it,” Lee told The Bitcoin Podcast.

According to Lee, it was difficult to sell SegWit to some members of the Litecoin ecosystem because it was originally sold as mainly a scaling solution in the Bitcoin community. From

Read more ... source: TheBitcoinNews

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