Quote from: illyiller on March 28, 2016, 07:07:45 PM

Quote from: adamstgBit on March 28, 2016, 06:55:33 PM

but its not like its widely used and has been peer reviewed for vulnerabilities.
i dont think we should bank on unproven tech.
but ya it sounds very cool.

Sounds sorta like ETH. Yet so many XT/Classic supporters are claiming ETH solves bitcoin's problems, including scalability -- "and so we must increase block size to compete with the unproven, highly vulnerable ETH!" Roll Eyes

ETH has been widely used for months now, and its market cap is 1/10^th of bitcoins.
it still remains "unproven" in my view, but day by day its getting more and more "proven"
yes BTC is competing with ETH... and ETH sure as hell won't be the last altcoin to compete with BTC.
the premises that bitcoin would become valueless if its blocks got much bigger is going to be put to the test.
bitcoin will self impose a 1MB limit. other coins won't.

if its true that max-decentralization is what the market wants then we have nothing to worry about.