Now i see. Gavin announced chaos and drama to the press because he himself intends to create it. He gets a 30% veto and still wants to proceed. It's gonna rip. I just switched to Litecoin.
Someone even seems to buy up the old BitcoinScrypt for some reason. My gut feeling says: there is some reorganization in crypto space coming. R.I.P. Bitcoin.
Hardfork against 30% 'no' is not going to end well.
Well... for a while anyway you will have twice as many Bitcoins to spend.
Once the chaos is deliberate and the fork is pushed by upstream, the miners which want to secure the network and receive transaction fees with smaller block sizes will remain on the legacy version of the software and vote with their blockchain.
Users on residential networks using VoIP who suddenly cannot have a telephone call while they're supporting the network and uploading hundreds of megabytes of blocks every 10 minutes to their peers, will stop running a full node... making the forked chain even less secure. ( leading further to centralization on the fork with larger block sizes and a steep barrier to entry )
Vote 'NO' to this proposed bs (block size).
Kind Regards,
-Chicago