Quote from: Peter R on March 22, 2017, 05:23:52 PM

Quote from: dooglus on March 22, 2017, 08:37:08 AM

...

Here's my attempt at making the terms of my bet with RHavar unambiguous:

1. A "network upgrade event" is defined to have occurred if the blockchain (or one side of the blockchain should a split occur) contains a block larger than 1 MB and at least 72 blocks have been built on top of it. These blocks must be built using the current PoW algorithm and with no reset or fork-based reduction in the difficulty.

2. Conditions where RHavar wins the bet:

   - A "network upgrade event" occurs, resulting in a blockchain split, and at least 2100 blocks are built on the "small block" side of the split (i.e, the blockchain branch that contains no blocks larger than 1 MB) within 4 months (120 days) of the splitting point. The blocks must be built using the current PoW algorithm and with no reset or fork-based reduction in the difficulty.

3. Conditions where Peter R wins the bet:

   - A "network upgrade event" occurs and the blockchain contains at least one block larger than 1 MB and no blockchain split occurs.
   - A "network upgrade event" occurs and the blockchain contains at least one block larger than 1 MB and 2100 full-difficulty regular-PoW blocks are not built on the small-block chain within the 120 day window.
   - Should the minority chain become unusable for whatever reason prior to reaching 2100 regular-PoW/full-difficulty blocks, thereby requiring a change in PoW or a reset or reduction in difficulty in order to keep it alive, then Peter R wins the bet provided the big-block side of the blockchain contains a block larger than 1 MB.

4. Conditions for a draw (Peter R and RHavar receive their wagers back)

   - No "network upgrade event" occurs between now and 31 December 2017.

HAHAHA dream on.

If BTC trades as BTC and it's understood to be BTC, it's BTC.

So this is what they are going to use to backtrack?

Unsurprising I guess.