Post
Topic
Board Bitcoin Discussion
Re: What happens if BU fails VS What happens if SegWit fails
by
franky1
on 05/03/2017, 14:41:19 UTC
What i could condense from the arguments of core/blockstream is that they are afraid of the dynamic blocksize, because it would give miners to much power. So what do they want now? Set them themselves instead of meetings or a dynamic?
What is the reason for BU to hang on to the dynamic? Is it only because they don't want these meetings too? To avoid to hard fork to often?

dynamic blocks DO NOT give pools the power.
node consensus is the power. and pools know that.
pools could produce any blocksize they want but if nodes orphan a block... that block is metaphorically in the trashcan. thus pools wont do things that waste their electric and time.

dynamic scaling works in a 1,2,3 step bases.. the blockstream 'dynamic is doomsday'ers however twist the logic of reality and talk about the 3,1 fake methodology(backwards and skipping a step) which is not how it will play out, but helps them scare the community into thinking that without the blockstream devs spoonfeeding and without king maxwell standing on his mount preaching the rules, bitcoin would break

blockstreams soft fork gave pools the vote so that if it succeeds in activating. blockstream take the glory. if it fails they have the bait and switch to blame it on the pools.
(typical banker economic illogic: if economy rises bankers celebrate their greed saved the economy. if it fails, blame the poor)