Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
Lauda
on 27/12/2015, 16:19:26 UTC
Bitcoin unlimited does have a blocksize limit in practice. It just changes how this limit is decided upon. Instead of the blocksize limit being decided upon by a centralized development team, which is akin to centralized economic planning and obviously flawed, the blocksize limit is determined by the market, miners and users collectively. I believe this does solve the dilemma of governance related to the blocksize issue and possibly other issues in the future as well.
Care to elaborate?

Quote from: Peter R
There exists a natural game-theoretic block size limit.
Quote from: Lauda
There exists a natural place where unicorns live.
I've said it. Does that mean it is true? Should I write a paper to confirm it? His words were obliterated by others long ago.