Post
Topic
Board Bitcoin Discussion
Re: Montreal scaling Bitcoin workshop recap.
by
lunarboy
on 15/09/2015, 02:52:32 UTC
The level of hostile emotional appeal and logical fallacy in this thread is astounding.

Why is it so difficult for a group of intelligent people to discuss ideas on their own merit?


there is no tax on being respectful.


With respect, you are unaware of the level of contempt that the BIP101 pushers are showing for anyone who disillusions them of their idea. These people aren't attempting a reasonable discussion in the first instance, and so it is only appropriate to match their zeal with opprobrium.

Of course BIP101 is a technical proposal to be discussed on it's merits; it has been dissembled, disliked, and then ruled out already. But this very vocal minority doesn't seem to want to go away gracefully.

I may have missed the contempt, but I assure you I've read as much as I can find on this subject. To date i'm not fully convinced of any argument. However I've seen very little evidence that leads me to think using the 1MB limit a good idea. It appears to be adding a new variable (a hard limit) where we have not previously needed one.  I see one argument for keeping it and that is to prevent 'centralization' although nowhere is this term quantified. Further, it also introduces a new centralization vector that previously didn't exist. ( namely increased fees.).

If you are going to argue keeping something reduces centralization, whilst introducing something else that increases centralization. The whole thesis breaks down, as it is self contradicting.

Now that keeping 1MB is ruled out, that leads to the conclusion; we must have a hard fork.  

Therefore if you put me on the spot today, i'd say removing the blocksize limit altogether ( in a gradual and predictable manner) Is the best solution.

Reading the paper by Peter R will help with the leap of faith, required here to trust in the free market. In my humble opinion that's what this whole debate boils down to. Attempting to control a vast and complex system of variables or simply letting supply and demand of the free market do what it does best.