Post
Topic
Board Bitcoin Discussion
Re: Is it good or bad that Core development is virtually controlled by one company?
by
Cconvert2G36
on 09/02/2016, 01:29:52 UTC
Again, you are ascribing control to developers, which they simply don't possess. Miners decide to use a particular team's software, until they don't. It's a component of antifragility, an escape valve from capture.

I keep suggesting the exact opposite and you keep insisting on ignoring my statements:

The reality is miners share power with many other groups and there exists a complex interwoven power dynamic between nodes, users, merchants, processors/banks/exchanges, developers, and miners.

My question was in response to your statement. So are you insinuating miners have 100% control and developers/ economic full nodes /users, merchants, processors/banks/exchanges have no control or vote?


I apologize. I've had these debates with you before, so it's difficult to completely wipe that slate clean simply because it's a different thread.

Miners have direct control. Nodes /users, merchants, processors/banks/exchanges can and do influence miners by buying or selling their product, the coins. They may even form an altcoin if miners go against them in a way that is intolerable.