Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
traincarswreck
on 15/02/2015, 18:55:06 UTC

It just makes ZERO sense to do a Hail Mary and get a tiny fraction of the way to anything meaningful just because it 'feels' like the right direction. 
It makes sense if we need a consensus for change though, because for a long period of time, it is going to get more and more difficult to do so.  In fact, we haven't yet shown that its not impossible at this point.

Bitcoin is utterly lacking in any viable feedback mechanisms to make dynamic adjustments tenable.
I suspect this is the problem solved here, but not with any mechanism we can possibly have access to today.

http://szabo.best.vwh.net/scarce.html

Again I could be off, but I seem to be thinking backwards and upside than all of us (which might be useful to have such a different view). Szabo often presents strangely and had to do so because of the difficult material that was not anywhere near relevant in the time he wrote these things.  We can remember he explained smart contracts with elves ringing bells.  

We must not be trapped in our thinking with this problem, we should seek to think outside it and around it...I do not think this problem was come across as it arose, I think it was already well thought out.