Re: What happens if BU fails VS What happens if SegWit fails
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*? 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.
Well, then you ALSO create an (incompatible) alt coin. That's what a hard fork is: to create an alt coin.
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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.But that is part of the "consensus mechanism". Having different motives, and wanting to "pull the blanket to your side" is exactly what the distributed consensus mechanism is about. The impossibility of collusion over "pulling the blanket to your side" is exactly the origin of the immutability. As one cannot agree on WHICH SCAM to propagate, no scam is propagated: immutability.
Distributed TRUSTLESS consensus is the putting together of sufficiently many and diverse scammers, that they cannot agree upon a single scam. That is the essence of distributed consensus, providing you with immutability.