Post
Topic
Board Bitcoin Discussion
Re: Fork off
by
waaat?
on 21/01/2015, 14:21:05 UTC
Can someone explain again why it's not a free market selfregulating process? And why we need a bigger blockchain before we need it?

By doing this you end up with central control over txfees and will have to make them fixed and rising later. I don't see the point in responding to things that aren't even an issue yet.

Can someone also please explain to me why something needs to be done before something needs to be done?
Just do the math. if Bitcoin goes mainstream (as mainstream as say, credit cards) it will not be able to deal with so many transactions per second without bad consequences such as bloat, slowness and whatnot. So we need to think before the problem actually happens.

IF bitcoin goes mainsteam. It didn't do that so far ... it's all hypothetical pipedream dancing in the sky.

How about Mr. Andresen gets his stuff ready and tested and worked out nicely and has it ready when there is an actual demand for it instead of fucking around like that?

Did he adress the difficulty retargeting which is actually the more popular topic in the community right now? Did he?

What is his take on the exponential growth not holding up? Did he make a statement? It's relevant too because it makes bitcoin look clownish (ponzi-like) with the current price, high inflation and collapsing hashrate. It looks pretty dead to me, disintegrating. Like a fundamental fail tbh. Reward curve was shit. Inflation was never good because it's destructive for the market. I think the evidence is in the charts!

In case it doesn't rebound, the point was correct, this fork was bogus to propose because: no fully justified demand currently

In case you hardfork it, you hardfork it ONCE and when you have to, not twice a year when you feel like it and it appears to be 'maybe useful in the future'. Hardforking ahead of demand and for future planning opens doors for abuse!
Sometimes these mega brains need to be told the simple stuff!