the switch from "0% of block advertising gigablocks" to "95% of block advertising gigablocks (*)" will not happen overnight.
It will take months, if not years. The discussion will continue, and each and every one of the (very few) miners that are actually mining (not "hashing") will make the conscious choice to accept the gigablocks or to not accept them.
Once 95% of them say "we're OK with gigablocks", then the situation is settled. The fork happens, and the MPcoin with its stratospheric difficulty and ridiculous hashrate has no other choice than to hard fork itself to reduce the difficulty, but then it risks being raided by malicious miners, who will have fun double spending on it, rewriting the full history starting from the fork as many times as they want, and other funny stuff.
(*) : I don't know why Gavin's proposal is to fork at 80% of hashing power, when the other hard forks happened or will happen at 95%. I think it's a mistake since with 20% of the hashrate, MPcoin could have a serious chance to survive for some time, when with 5% it will surely die within days, if not hours, after the fork.
It will take months, if not years. The discussion will continue, and each and every one of the (very few) miners that are actually mining (not "hashing") will make the conscious choice to accept the gigablocks or to not accept them.
Once 95% of them say "we're OK with gigablocks", then the situation is settled. The fork happens, and the MPcoin with its stratospheric difficulty and ridiculous hashrate has no other choice than to hard fork itself to reduce the difficulty, but then it risks being raided by malicious miners, who will have fun double spending on it, rewriting the full history starting from the fork as many times as they want, and other funny stuff.
(*) : I don't know why Gavin's proposal is to fork at 80% of hashing power, when the other hard forks happened or will happen at 95%. I think it's a mistake since with 20% of the hashrate, MPcoin could have a serious chance to survive for some time, when with 5% it will surely die within days, if not hours, after the fork.
You don't know what will or won't "happen overnight." Especially when all hell breaks out as the Great Schism erupts into a hot Bitcoin Civil War.
MP & Co have tremendous financial (and personal) incentives to force the GigaBlock issue sooner than later, or at another time of their choosing.
They have the resources and expertise to fake and/or otherwise hasten the mere appearance of sufficient acceptance, in order to lure the Gavincoiners into MP's deathtrap. Multiple wisenheimers will compete for the privilege of paying the ~20BTC in fees to create the first GavinTainted BloatBlock as soon as it's possible. And then the games begin...as we let slip the dogs of war.
Luckily, we don't even need an expensive PITA MPEX account to profit from the chaotic fun.
Someone will set up a Gavincoin Exploitation Fund pass-through, where all you have to do is send BTC to its address, with your payout wallet in the comment field....
