Post
Topic
Board Bitcoin Discussion
Re: What happens if BU fails VS What happens if SegWit fails
by
Lauda
on 09/03/2017, 07:25:24 UTC
People don't seem to understand the fundamentals of crypto !

If you *remove the 21M coin limit* your chain is NOT COMPATIBLE with bitcoin, so of course it will not be bitcoin.  You have invalid blocks according to bitcoin's protocol !  You have simply produced an altcoin that is not recognized by the bitcoin protocol.
What about removing the *1 MB block size limit*? Cheesy

Nobody is "trying to harm" anything.  Consensus mechanism, nothing else.
I don't think you are informed on the background of these actors nor their motivations.

Miners pay millions only for energy already (how much is your investment?) and miners (sadly...) might be more centralized as the rest of our community - they will come up with enough % of hash power and nodes if needed ( costs less than 100$) if time is ready.
Irrelevant. This just adds a sybil variant to the existing hashrate attack.

We can dispute forever and try to split our community - it does not help, no it rather harms. Sit back and watch or spend some millions.
Then tell the BU folk to stop trying to harm Bitcoin. Roll Eyes