Post
Topic
Board Bitcoin Discussion
Re: Gavin announcement explanation please.
by
dasource
on 31/05/2015, 00:02:08 UTC
My understanding of Gavin's motive is that the hard fork is purely ego driven. There's no urgency to change block size. He just wants to be dramatic and make his personal mark on it. But controversy, technical-wise, is that some Bitcoin users may have their coins lose compatibility with the new implementation. In a sense, it may be Gavin and Hearn's attempt to hijack the Bitcoin name and implement their own coin or make changes to the protocol.

Everything you said is inaccurate. The reason there is a debate is because there are a lot of people on both sides of the blocksize increase, Gavin is not even close to being alone on wanting to increase the limit. He does not want to be the one to make the call on what happens. If you haven't watched a recent Q&A with Gavin and Mike you should, they specifically discuss the blocksize issue at the 27 minute mark https://youtu.be/RIafZXRDH7w?t=27m50s
Also no one is going to lose any coins unless you are a miner receive block rewards and you start mining on the "wrong/old" fork.


Or on the new fork depending on which one makes it ...

Will you stop spreading nonsense ... how are we going to lose coins by your logic?

You could loose your coins in case you use them after the fork on Gavincoin but then it turns out the gavincoin is plummeting in value (be it because some powerful people dump it or be it because techical problems arise) and miners switch back to the old fork on which your coins will be gone as MP already announced to mess with txs. It could likely happen that coins you spend on one chain happen to be spent on the other chain aswell as signed txs are the same on both chains and can and probably will be broadcast on both chains.

You have no idea what you are talking about ... seriously!