Post
Topic
Board Bitcoin Discussion
f2pool not supporting roundtable was Re: 「魚池」BTC:270 Phash/s - LTC:500 Ghash/s - New Server in U.S. stratum-us.f2pool.com
by
Cconvert2G36
on 24/02/2016, 23:18:21 UTC
inb4 deletion

Who cares if Adam Back signed as Blockstream President or not? It seemed pretty clear to everyone that this was a meeting for Blockstream and the top mining pools to come to an agreement. The bigger concern, for me, is that everyone signed on to a (maybe) HF capacity bump 1.5 years out into the future, while we are hitting new transaction records right now.

Bitcoin "consensus" doesn't/shouldn't happen at an 18hr meeting in HK organized by Samson Mow.

Hardforks, yes, even "contentious" ones, are the mechanism by which Bitcoin is to upgrade itself. The only consensus mechanism in Bitcoin was outlined by satoshi:



Yes, a "contentious" hard fork could be a scary time for the market, as it involves a large amount of uncertainty. But, for many of us, it is not more scary/dangerous than squandering our utility and first mover advantage in a cloud of paralysis, stalling, and indecision.

Once again, not surprised that threats of PoW change start getting tossed around when someone steps out of line... "I'll make him an offer he can't refuse."