Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 13/02/2016, 02:31:28 UTC
-snip-
...the fact that Classic is DOA with the mining and economic majority opposing them. Cheers friend.  Smiley
-snip-

You read the letter as a resounding denunciation of Classic and a firm endorsement of Core, interesting.

Upon reading point 3...
Quote
In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

This is obviously asking Core to do what they have refused to do for a year now, and it gives a deadline.

Let's see if miners will grab the bone they might be thrown. My guess is that it will be a pinky promise for a HF sometime in 2017.

Now, because Core is immune to politics, and will only base decisions on their enabling of future profitability technical superiority... they simply cannot do this. To change Gregory's roadmap is to succumb to political pressure where a mouth breathing majority tramples the sacred rights of the enlightened minority, compromising at all would mean they have been lying all along about that point.
Bit of a pickle there. Cheers Friend.  Kiss

Let the purge begin! Bitcoin is a settlement tool for central banking, excelsior!
Any tips on how I can run a payment channel hub to siphon fees from miners?

https://www.quora.com/What-does-the-White-House-think-of-cryptocurrencies-such-as-bitcoin

Ed Felten, Deputy U.S. Chief Technology Officer of The US gvt has keenly watching the debate as they are interested in the outcome.
Claims there is no participation.

The sooner we purge these CIA/GCHQ banksters, the better! Zionists... ur next!  Cool





Regarding the part that I bolded above, I am a little bit unclear about your apparent desire to be combative on these various points.  It is like you are buying into some kind of argument that bitcoin is in a state of emergency and that there's got to be a hardfork, or else we are screwed.

Hello?  How could there have to be a hardfork in order to achieve a technological limitations issue... That 1mb versus 2mb technological change is likely not a big deal, and there seems to be absolutely no need for a hardfork in order to achieve such technological change.

In fact, it appears that the ONLY reason for a hard fork, rather than a soft fork, is because one part is trying to force the issue and therefore to cause some kind of precedent for being able to make emergency changes via non-consensus, and there is no need to force any issue because a large majority already agrees more or less that an increase will be needed at some point.  There is no rush to create a timeline blah blah blah.. because seg wit is right around the corner, and seg wit should be incorporated first in order to see how that plays out, and thereafter, after seg wit has been incorporated for a few months, then likely there can be additional and/or lengthy investigation into the impact and possibly even a timeline for causing some kind of block size increase, and again no need to hard fork such a decision, unless you are attempting to take away consensus decision making and to attempt to rule from a smaller group of peeps.