Quote from: smoothie on August 13, 2015, 07:21:14 PM

Quote from: iCEBREAKER on August 13, 2015, 05:01:02 PM

Quote from: theymos on August 13, 2015, 04:40:40 PM

Quote from: smoothie on August 13, 2015, 08:55:07 AM

What makes you think merchants won't switch to xt if the majority of miners mine on xt and not on core?

Would it not be in the merchant's best interest to accept coins on the chain that is more time efficient?

Coins being sent on the old chain would be super slow. Can't see why merchants would not switch of the majority of miners processing transactions moved to xt.

A chain with fewer miners is not more efficient. It is more secure, though there would be very few things that could attack even 25% of the network's hashing power.

Blocks would be slower (25 minutes on average instead of 10), but this would only last for a few weeks until the difficulty goes down. Even today it's common for blocks to take 25-60 minutes, so this wouldn't be Earth-shattering.

This wouldn't actually last for long in the scenario where 75% of miners switch but no big economic actors do because the miners who switched will switch back very soon after they realize that they're mining coins that no one will accept.

Smoothie has already switched over, so XT miners will always be able to trade their XTcoins for silver and Hawaiian real estate, no problem. Cool

LOL just because I switched doesn't mean I will accept payment on a fork. The outcome remains to be seen once the blockchain forks. Any merchant accepting payment on a fork before consensus has been made is retarded.

I support bigger blocks that's the only reason I switched.

If the network decides against larger blocks I will then switch back to core.

Nah not gonna happen until you buy Luke a high end computer, a new place that comes with high speed connection.

Not satisfying one of the dev? well tough luck.... we dont have 100% agreement.....

Dumbest shit i've seen from these clowns