Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
iCEBREAKER
on 08/02/2015, 05:20:21 UTC
I want the distribution of wealth in crypto to look like the pie chart of mining pool hashrates.

That would require Bitcoin losing significant market share to altcoins. I don't want that to happen. Most Bitcoin users don't want that to happen. You're an advocate of altcoins, so your interests diverge from the majority of the members of this community. I suspect that is why you are advocating for against a hard fork and for a permanent 1 MB restriction that would hamper Bitcoin's adoption.

I am an advocate of crypto in general, including Bitcoin and altcoins.

The overall market for crypto currencies should grow so fast that Bitcoin's relative position among the sector is moot, except to you Maximalist partisan religious types.


I've never called for a "permanent" 1MB restriction.  Try reading what I actually wrote.

At this point, I am not willing to trade existing TOR and other low-bandwidth users for theoretical potential growth in adoption.

We need better data on exactly how the 1MB cap hampers adoption before we rush to fix the hitherto unknown problems it may cause.

What is your problem with Nash Equilibrium?  Don't you like decentralization and its feature of quickly identifying and nullifying bad actors?

Or did you just not bother to read the link?

Here it is again:  https://thewealthofchips.wordpress.com/2014/12/01/securing-decentralization-through-nash-equilibria/

Do you think it would be healthy for one mining pool to have 85% of the hashpower?

No?  Then why do you want one blockchain to hog all the niches in the cypto ecosystem and economy?  Isn't it enough that Bitcoin will be the backbone?