Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
AgentofCoin
on 04/02/2015, 23:53:38 UTC
The limit increase permits a much healthier outcome for the Bitcoin network and ecosystem.

Today is the limit increase, what will be tomorrow? Are people really wanting to go all in and bet all the todays consensus on the hard-fork? If you read Gavin post about the need for hard-fork, its a totally fear-based move with arguments Bitcoin will be replaced by Altcoins, this means its a matter of time until another need for a hard-fork happen and next time it wont be as trivial need as just increase block-size. I predict next hard-fork will want to increase the number of coins.

So no arguments against, just anti-fork by the rule? If I'm not mistaken, bitcoin has already been forked twice (2013 and 2010?). Are you sure you're on the very first fork?

The last fork was needed the old chain had a really bad bug so bad that no one wanted to use it and it died. This time both chains would be functional.

Thanks.

Point is, since there were forks in the past (for whatever reason) no one can really use "anti-fork by principle" or "if it's forked - it's no longer Bitcoin" arguments. Unless you're on original (dead) fork, then yes you can.


But you are wrong because no Fork in bitcoin history left two viable chains. All the other Forks killed off the other chain, this time both are functional.

If we fork, there will be ample notice and people will prepare for the move with updates and etc., prob with 3 months advance notice of a date.
Anyone who doesn't move to the new fork will be left behind.
There will not be two valid chains. Only one that is valid and one that was the old chain.
If your stupid enough to purposefully stay on the old chain after the fork, and continue to use it, you will ultimately lose everything.
If we fork, we all move.




But you are wrong I risk nothing by staying on the old chain its only those who fork that risk anything. I can send my coins to the new Giga-bloatcoin chain at any time. But those on the Bloated new chain can't move back to Bitcoin

If the whole Bitcoin ecosystem forks, who you gonna send old fork coins to?
I think when you move your coins to a non forked system, they are now lost.
Any new coins you get on the old fork will not be usable in the new fork. That would be a new ledger that isn't compatible.