Ninjastic
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Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
knight22
on 10/09/2015, 02:55:15 UTC
Quote from: brg444 on September 10, 2015, 02:51:50 AM
Quote from: knight22 on September 10, 2015, 02:46:43 AM
Quote from: brg444 on September 10, 2015, 02:43:32 AM
Quote from: knight22 on September 10, 2015, 01:43:02 AM
Quote from: marky89 on September 10, 2015, 01:37:20 AM
Quote from: jonald_fyookball on September 10, 2015, 01:29:34 AM
Quote from: Peter R on September 09, 2015, 10:26:41 PM
Quote from: brg444 on September 09, 2015, 09:54:56 PM
so core devs control all the nodes and miners now  Roll Eyes

Core devs control the code that ~85% of the network nodes elect to run.  This is presently Bitcoin's greatest point of centralization.  
 


Right.  So it wouldn't be unreasonable that Gavin would would ask for "only" 75% consensus to offset the status quo bias.  
At least in my opinion.

This is more conflation of decentralization of "development" vs. that of the protocol. Consensus refers to the protocol -- not the node client. That the development process is centralized is absolutely no excuse to compromise the basic, basic principle of consensus. 75% to hard fork is 75%, no matter how you rationalize it.

If Core doesn't scale expect a divorce at some point. Even if it means forking at 50%. I will personally be fine with it.

Enjoy your 0.50$ bitcoin then.

I wonder which coin will worth 0.50$. The one that scales and is useful or the one that doesn't and is useless?

Please advice.

If Bitcoin is forked by 50% the trust in cryptocurrency in general will be destroyed.

You really are clueless about what a hardfork entails heh?

Meh. The bitcoin that scales will make its way to the mainstream while nobody (expect bitcointalk.org) will ever know about this silly episode on bitcoin history.