Quote from: ghdp on February 16, 2015, 07:25:20 PM

Quote from: danielpbarron on February 16, 2015, 05:22:28 PM

Quote from: ghdp on February 16, 2015, 05:17:00 PM

Quote from: danielpbarron on February 16, 2015, 03:56:55 PM

Quote from: ghdp on February 16, 2015, 03:31:59 PM

Quote from: danielpbarron on February 16, 2015, 02:11:37 PM

It doesn't matter what miners want. If you had truly been reading the logs, you would have known that.

Yes it matters what miners want.

I guess you don't follow hyperlinks, or know how to use them for that matter. Moving on...

I think I have read most of what has been written on the subject, including the 2 last years of trilema (and some older articles) + months of logs of b-a.

I have not seen where or how the old bitcoin would survive :
- under a difficulty that matches a target for which it has 5% of the required hashrate
- under the risk of an attacker committed to write empty blocks on the chain as long as it is possible

I do not say :
- that the gigablockchain is a good idea,
- or that a majority of miners will switch to it.

What I say is that IF miners switch, with 95% of the hashrate or more, THEN the old chain is dead. And I don't see any arguments that could explain how it could be any different from what MP himself wrote here.

If you've read so much of the log and trilema then why aren't you in the WoT? Get on that.

Even if the miners were dumb enough to broadcast the new version and triggered the fork, that doesn't mean they will stay on the fork. They will soon find that it is not possible to sell their USGavincoins for the price they were expecting. And seeing as how mining is a barely profitable venture (due to adjusting difficulty), they will be forced to switch to the original chain or shut down entirely.

You are assuming that some miners will make the voluntary choice to switch to gavincoin, then wait for at least 95% of other miners to do the same, then do the hard fork, then see that the legacy-bitcoin is stalled at 0 tps, which will mean that, contrarily to my original belief, there will be no market for mpcoin, and then switch back to mpcoin ?

I am sorry but I don't understand how your brain allows you to believe that.

No. You are assuming that there will be a market for USGavincoins. Who is supposed to buy these things? MPEx won't accept them. Maybe you don't think that means much, but that's 31 thousand bitcoin monthly volume that won't take place on the new chain. If #bitcoin-assets users aren't going to buy Gavin's altcoin, who is? Seriously where is the support going to come from? At least some of the miners will necessarily have to remain on the old chain to meet the demand of MPEx users. The real question is, how many miners will stick with the new chain? I guess there will be a little bit of demand for it to support some change tipping, but it's nowhere near 31 thousand bitcoin a month worth.

How does my brain believe this? I'm actually using it. Try it some time.