Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
hdbuck
on 09/10/2015, 15:09:30 UTC
Dorian knows what's up:

https://www.reddit.com/r/Bitcoin/comments/3nzqqh/hi_rbitcoin_i_am_dorian_nakamoto_ama/cvsyyjg

Quote
I thought it was a wonderful concept for our global transaction based on fully meshed internet world. Distributed processing vs. centralization. More robust. And the purpose to serve the people even down to the poor rather than the profit base, open source software, ... Best financial invention in this uncertain dollar based or the next exchange based competition.

Note the emphasis against centralisation.


If it was worth their while, and that applied to the majority of miners, then they would probably get together and agree to start accepting bigger blocks anyway, and wouldn't give a damn what core thought.

Thats the reality of it lmao, and thats why I am not particularly worried any more about all hot air about why the block size limit should remain at 1MB. The people who stand to make/lose the most will do what is needed. They have the power to, and the inclination.

Miners aren't stupid. If they see they can make more money mining huge blocks with loads of transaction fees. They will make it happen. lololol whatever bro, still cant fill half of the 1MB average blocksize tho, just sayin..


That's a rather interesting comment...

Are you sure you know how Bitcoin works?

conjectures & feelings.

lel