Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
Zarathustra
on 10/09/2015, 08:52:31 UTC

Not all nodes are miners.  Do you even know how Bitcoin works?

YOU brought up spoofed nodes.  They can't be spoofs if they mined a block, genius.

Slush brought up spoofed nodes.  Slush's FakeXT node spoofs BIP101 support when it mines blocks.

XT is dead, and it's never coming back.  Does that make you sad and angry?  Good.   Cheesy

Still fighting your proxy war, dear iCEMAN?

XT has already won

The problem the community was faced with was that an adoption boom could happen at any time, but Core might stall at 1MB and kill it. Creating an alternative implementation and readying it, testing it, familiarizing people with it, and having the debates necessary for people to be comfortable with it - all that would take too long and we'd likely miss that adoption surge.

But now the situation is different. XT is a thing. It's not winning by node count at all, but it doesn't have to, because the market will prefer conservatism until change is the only option. That was the very situation we were worried about: what if change is the only option yet change is blockaded by Blockstream? All XT has to do is be locked and loaded, ready with open arms to take in the longsuffering Core refugees.

XT doesn't need to be an open floodgate; it just needs to be a floodgate ready to be opened at any time. In that it has already succeeded, and Core feels the pressure as shown by the elevating pitch of attacks.

The only question now is, to misquote Mises, "There is no means of avoiding the final collapse of the 1MB dam. The alternative is only whether the relief should come sooner as the result of Core's voluntary abandonment of the antiquated blocksize cap, or later as a final and total loss of centralized control by Core dev."

(@Noosterdam)