"who the heck is mike" and "isnt he just a programmer"
type replies are missing the point.. its not about replacing
a programmer or whether he is even wise or not...
...look at what he is writing about with Greg Maxwell,
the community, the blocks. Its all verifiable.
And if you don't know who Mike Hearn is,
then you're basically clueless...he's the
guy who wrote XT along with Gavin to
try to help raise the blocksize when
core refused to.
Yes i know all this. but.... what and where is the overall community going to go? XT? Core? Classic?
The waters are so muddied to the average bitcoiner, it's sad, hence the sell-off again....
What do you think Jonald?
I'm thinking Bitcoin Classic.
Just look at who's backing it: Gavin, Garzik, Coinbase, Bitstamp, and a ton of others.
Their purpose is clear: an immediate increase to 2MB. We need to fork away
from Core. Core has failed. That's why we're in this mess and should be
as obvious as the fact that the emperor is wearing no clothes. Those that
can't tell have bought into some dogma that "core must be right" while ignoring
the obvious facts that Core has done nothing but stall and fail to increase
transaction capacity, despite a lot of good sounding "ideas" like "lightning",
"scalability conferences", "segwit",...and that the same guys in core (everyone
except Gavin and Garzik) who are against meaningful blocksize increases work
for a private company called Blockstream who is in the business of blockchain
technology.
I'm sure I sound like a broken record by now to some, but you asked me directly
and I'm telling you the reality as I see it.
I agree. May I ask you another question: If Bitcoin Classic is accepted, will it be robust enough to be able to compete with what the R3 blockchain group will put out? I mean, the R3 group scabbed Hearn (among others), invested 9 billion USD in research alone (Bitcoins present marketcap is only 5.8 billion USD), and serves a huge US banking system with a platform and customer base already in place. Surely, whatever the R3 group comes up with, it will be a totally different critter than Bitcoin, but what impact will it have on the adoption of Bitcoin Classic and the Bitcoin community in general?