Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
justusranvier
on 19/06/2015, 17:33:50 UTC
The howls of rage by people who have been trying to pretend that Bitcoin is not a batch system and papering this fact over with insecure shitware, propaganda, and ignorance is hugely amusing.

The solution is simple, and looks like it should be available in a more robust form than I imagined sooner than I anticipate.  That is, use a sidecoin that is designed to support the use-case properly if they need real-time behavior.
What actually happened is that when F2Pool realized they had been mislead about the effects of the change, they promptly reverted it.

Because, unlike the spherical cow models the game theorists are always using, they value the long term value of their investment rather than the short term benefit of gaining a few extra pennies on each block.

Incentives do work after all.