Quote from: windpath on February 26, 2016, 10:50:57 PM

Quote from: iCEBREAKER on February 26, 2016, 10:40:52 PM

Quote from: ImI on February 26, 2016, 10:34:07 PM

Quote from: KCBitcoin on February 26, 2016, 10:23:04 PM

It's about time to end this close-door roundtable consensus process.
Complete goes against Satoshi's consensus-forming process.

wrong. satoshi's "consensus-forming process" is PoW a.k.a. hashpower. what we are seeing now is nothing else than the miners trying to find a mutual solution before they make eventually use of their power, which is totally fine and a sign of respect.

Miners have little to no power in Bitcoin. If you insist on hanging around and opining, you really should lean how all this stuff works.

Here's a good place to start:

http://hackingdistributed.com/2016/01/03/time-for-bitcoin-user-voice/

Quote

It is a common misperception that Bitcoin miners determine the shape of the blockchain. So common, in fact, that I had an academic colleague fall into the same trap, where he thought miners could arbitrarily decide to mint 1 million coins for themselves.

If the majority of hashpower agreed to do that via a hard fork protocol change then it would happen. The thing is the miners have invested a lot in bitcoin, and by changing the coin distribution they would destroy bitcoins value, soooo, not gonna happen.

Changing the block max size on the other hand, would have no such effect.

right.

it's a bit of catch 22

miners want to mine coins that everyone wants, everyone wants coins that the most miners are producing, because users want coins with the most secure blockchain.

who ultimately has the power is unclear to say the least....

but devs have no power at all, if a group of devs don't produce the software that users and miners want to use, some other group of devs will...