Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
VeritasSapere
on 31/10/2015, 15:46:06 UTC
Is Bitcoin broken, really?  Or, is it just its governance that is broken?  Could the argument be solved by something as easy as a coin flip or roe-sham-bo?  Or, will some form of parliamentary structure do the trick?  These are probably the more significant issues affecting Bitcoin that need to be resolved than block size and forks, in my opinion.  If the community is broken, then Bitcoin is broken....
We still have about 6 months to solve this problem if there is further development of side chains, which can be used to alleviate the pressure on the main chain.
I would prefer to see the blocksize increased as much as is technically possible, which means increasing the blocksize up to the point that our technology will allow so that it does not compromise the principles of decentralization and financial freedom. As opposed to an increased reliance on third parties. I am not against these type of systems to be build on top of the Bitcoin blockchain as long as this is not used as a reason to arbitrarily restrict the throughput of the Bitcoin blockchain directly.