Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
VeritasSapere
on 19/11/2015, 17:01:33 UTC
And how does that relate to what muyuu said?
If he can't get his way, and he won't, he will become a "blockchain technologies" person and try attacking Bitcoin from the outside instead of the inside. Pushing for making non-policeable cryptos illegal will be on his agenda sooner or later.
his undermining of Bitcoin's decentralisation and censorship-resistance from within development, then he will try from the outside. I think it's a matter of time. Gavin already joined the "alliance" and is actively working in the policing of Bitcoin.
This has nothing to do with the assessment of what is within the code of BIP101, I do not think that XT undermines decentralization and censorship-resistance. I also do not think that XT includes the policing of the Bitcoin protocol as well. This has nothing to do with the code and has everything to do with implying that they will put these things in the code at a later point in time and that therefore we should not trust them which in my opinion is irrelevant.
Well, when you strip away your (economic?) minority argument that exponential blocksize increases don't threaten decentralsied nodes, there's not much left. The XT code nad/or BIP101 literally does undermine decentralisation, so you're throwing around very strong accusations on the basis of secondary point of contention. Shaky ground.
Changing the subject I see, BIP101 is also not exponential, it does have an ending point, and its starting point will not be at the limit of our technology. I do recognize that there are negative externalities to increasing the blocksize. However I think that this should be a balancing act with all of the other variables considered. One megabyte forever certainly would cause more harm to Bitcoin in terms of adoption, decentralization and financial freedom over the long run.