Post
Topic
Board Bitcoin Discussion
Re: Fork off
by
jl2012
on 10/01/2015, 19:30:42 UTC
http://qntra.net/2015/01/the-hard-fork-missile-crisis/

"... Today Gavin posted on his personal blog an article titled "Looking before the Scaling Up Leap", stating "My goal is to prove that it is safe to raise the maximum block size from 1MB to at least 20MB" along with "I'll argue we should schedule a hard fork." Reddit soon blindly praised Gavin for his work, with comments such as "Fork it hard."

It appears as if Gavin will not give up unless his hard fork is a reality, and thus Mircea Popescu has made a declaration of war if Gavin proceeds with his plans. ..."

http://trilema.com/2015/if-you-go-on-a-bitcoin-fork-irrespective-which-scammer-proposes-it-you-will-lose-your-bitcoins/

"... To make it perfectly clear : in no case will MPEx accept this fake Bitcoin, as it's not accepted any other fake Bitcoin to date, and for the exact reasons. Moreover, my budget to sink this scam exceeds the budget of everyone involved on the supporting side.vi That is all. ..."

So, Gavin, do you really want to lose little people their coins? Or could you just let it drop?

A fork, no matter hard or soft, would not be successful without >95% of miner's support. If Gavin's fork is really supported by 95% of miners, good luck to the 5% and MPEx: they will have a block every 200 minutes for 280 days, followed by a block every 50 minutes for 70 days, until they get back to normal speed.

But actually, block size could be increased without hardfork: https://bitcointalk.org/index.php?topic=283746.0 . It's just a bit cumbersome