Post
Topic
Board Bitcoin Discussion
Re: Analysis and list of top big blocks shills (XT #REKT ignorers)
by
Lauda
on 18/01/2016, 06:56:12 UTC
Indeed.  Bitcoin is supposed to be governed by the code people freely choose to run.  If a company like Blockstream can co-opt Core, force the adoption of "illogical" features that the user do not want, and prevent the community from migrating to a new repo, then that would demonstrate a failure of Bitcoin.  
Yes, governed by the people manipulating the masses to run code by others. Code that is redundant in comparison to SegWit. You are forcing the industry into an illogical move, not helping it avoid one.

As a developer for Bitcoin Classic, and co-Chief Architect along with jstolfi,
Is this some kind of joke?

Quote
It’s possible to construct a transaction that takes up almost 1MB of space and which takes 30 seconds or more to validate on a modern computer (blocks containing such transactions have been mined). In 2MB blocks, a 2MB transaction can be constructed that may take over 10 minutes to validate which opens up dangerous denial-of-service attack vectors. Other lines of code would need to be changed to prevent these problems.
Tell me again why Core refuses to increase the size like this? It surely isn't because of a security problem (said every XT/BU/Classic supporter)?  Roll Eyes

The core development team had more than enough time now to design a version of Bitcoin that allows scalability. The original Bitcoin never had the 1MB limitation and raising it now to 2MB will not kill the currency, it's simply adjusting the code to new requirements, gives BTC the potential to grow further and seems to reflect minimal consensus needed at this point in time. Let BTC thrive with 2MB blocks. Very simple. Classic it is!
No, it is not. 2 MB blocks could be designed so that they have nodes forking everywhere around the world (SegWit is safer). Good luck trusting a broken network.