Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Quote from: adamstgBit on January 19, 2016, 07:38:19 PM

Quote from: LFC_Bitcoin on January 19, 2016, 07:33:24 PM

Core devs will act when they absolutely have to. Surely they won't risk losing out purely through ignorance & refusal to change.

its starting to feel like if they don't do somthing fast, their opinion will be irrelevant.
they really need to commit to some kind of plan with a time frame at this point.

Hello [Bitcoin User]:

It sounds like you might not be very technical, and may have been misled by soundbites.

That's OK, the Core Team of Bitcoin is technical, and have discovered that a 2MB block limit would be an extreme blow to decentralization and censorship resistance. Verification time scales quadratically to size and there is no known or conceived way to stop someone from making a 2MB block that will take 10 minutes to verify, thus destroying Bitcoin.

Bitcoin is immune from government and corporate influence today, and very technical people are working around the clock to keep it that way. Conspiracy theories about nefarious profit and control motives of the Core Technicians have been promulgated by non-technical people [Big Banks], don't listen to them.

Core Technicians have come up with a time frame and a plan. It's unfortunate that someone [Big Banks], has kept that from you. All your concerns and questions are answered here: in roadmap.

Kind Regards.

Your patience is appreciated while coders write code.