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Topic
Board Bitcoin Discussion
Re: Nick Szabo's Remarks about Bitcoin XT
by
iCEBREAKER
on 15/09/2015, 16:26:15 UTC
Nick Szabo was interviewed for Let's Talk Bitcoin Ep. 246 (released yesterday). At the end they discussed the block size debate and the Bitcoin XT fork. Here's a short video with excerpts where he talked about the Bitcoin XT fork:

https://www.youtube.com/watch?v=u4_pPkIbGw4

Here are two quotes:

Quote
Doing a contentious hard fork is not healthy. It's basically a 51% attack being justified through argument.

Quote
I'm just guessing to say that 75% is a large enough number that that forces the rest of the network comply. But if they don't...if you have an ongoing... This is essentially a civil war. It is technologically equivalent to a 51% attack what Hearn and Andresen are doing. And so you essentially have a civil war situation. It will certainly exercise all of Bitcoin's security features...let's put it that way...as any war would.

The full episode is available here:

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-246-smart-contracts-with-nick-szabo

It was nice to hear a word from our sponsor.   Cool

Nick is obviously unhappy with Gavin's governance coup and attempt to change Bitcoin's mission parameters.  There is reason why the Genesis Block mentions a second round of bank bailouts instead of, oh say, debit/credit surcharges for small purchases at Starbucks.

His (and Adam's) tone of late matches exactly that of the recent dev-list post from Satoshi, right down to the 'disappointed' theme.

But Bitcoin is stronger than ever thanks to XT's 'stress test.'