Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
knight22
on 10/09/2015, 03:04:40 UTC
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.

the one that is truly decentralized?  Or the one that relies on lightning network 'trusted super nodes' ?

Good enough decentralization will be good enough. With or without lightning network that doesn't yet exist.