Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
adamstgBit
on 31/03/2016, 16:38:19 UTC
Why does this thread still exist? it's over; classicism is dead.  Sorry /r/btctards, dump and get out of the way.
its only just begun

now that classic has >5% hashing power it has veto power over segwit.
obviously core (~95% hashing power) has veto power over 2MB
with this veto power, a compromise is just around the corner.

maybe we'll get 1.256MB now + Segwit later, who knows...

if anything this thread is dead because classic isn't #R3KT

It seems to me that if one group controls 94% of the hashpower, and another controls 6% of the hash power resulting in a stand-off, it is highly likely that the group with 94% would be much more likely to be able to (temporarily or permanently) expand their hash power to break the stalemate.
expensive but doable... nothing is stopping the other side from matching the incress in order to keep >5%



Why does this thread still exist? it's over; classicism is dead.  Sorry /r/btctards, dump and get out of the way.
its only just begun

now that classic has >5% hashing power it has veto power over segwit.
obviously core (~95% hashing power) has veto power over 2MB
with this veto power, a compromise is just around the corner.

maybe we'll get 1.256MB now + Segwit later, who knows...

if anything this thread is dead because classic isn't #R3KT

>be a classicist, want 2 mb blocksize.
>possibility to go to 1.75 mb blocksize by embracing the seg life.
>would rather the blocksize stay at 1mb forever than embracing superior segwit.

It seems pretty obvious to me that some will switch to accept segwit softfork instead of waiting for something that will never happen.

i guess that's likely, if it comes down to a stalemate ( veto power on both sides ) i guess some will switch simply to break the stalemate.

in anycase both sides agree to segwit, so it shouldn't be all that hard to get 95% miners onboard
 

side note: I think alot of hashing power is staying on Core because it seem controversial to "undermine the core devs". this most incorrect way of thinking needs to stop. competing implementation are perfectly valid and should be welcome. in a perfect world devs, all devs, should have no association with any one implementation, they simply all work on providing options. the network votes on these option without considering the devs "feelings".