What annoys me and confuses a lot of people is this "emergent consensus".
Some people, Peter R in particular, make it sound as if setting individual limit on nodes somehow magically makes consensus to emerge.
When in reality it's the good old "everybody agrees first, then sets their limit to the exact same value" consensus.
Some people, Peter R in particular, make it sound as if setting individual limit on nodes somehow magically makes consensus to emerge.
When in reality it's the good old "everybody agrees first, then sets their limit to the exact same value" consensus.
Peter R is using shopworn 1990s chaos theory rhetoric to sell Unlimiturd.
Specifically, he's invoking the 'spontaneous/emergent order' frame to bedazzle and persuade the drooling masses.
But his hand-waving about chaotic dynamic systems does not apply to Bitcoin, because although Bitcoin is certainly chaotic (and thus gratifyingly dramatic
) it is *NOT* dynamic, as the social contract (SHA256 PoW, 10 minute solution target, 21e6 emission, 1MB max block, pay-for-priority) cannot change one iota without alienating a dominant plurality of the socioeconomic majority's critical mass.