Quote from: Lauda on March 21, 2016, 09:03:18 PM

Quote from: VeritasSapere on March 21, 2016, 08:29:14 PM

I would not consider finding one block lets say over the course of a year to be a viable mining operation, that would be more like gambling. Look I am a miner myself, when you invest a lot of money into equipment you would not want to gamble that investment away because of variance.

That's not the point of my post. I was referring to the other guy initially where he said that others wouldn't accept your big block if the limit was 100 MB. My point is, you can't know whether someone is malicious or not in this case and thus they'd need to create a single (maxed out) block to cause severe damage.

You are missing an important point here, which is that we are operating of the presumption that the majority of miners will not act maliciously. After all if this presumption was not true then Bitcoin would be fundamentally flawed anyway.

Quote from: Lauda on March 21, 2016, 09:03:18 PM

Quote from: VeritasSapere on March 21, 2016, 08:29:14 PM

I hope you can realize how flawed this thinking is, just because the majority believes one thing it does not make it true, there are plenty of historical examples that show this principle does not hold, furthermore it is not necessarily that clear to know what the majority is thinking, which is a dilemma I am sure the miners also face when making the decision what rules to change or adopt, this is both true for an increased blocksize and segwit.

2 engineers say B is the answer, 98 engineers say A is the answer, therefore B must be right. Nice logic Veritas. Roll Eyes

I would say that we should think for ourselves, listen to the arguments of both sides and make up our own minds. I would argue that it is your authoritarian logic that is flawed.