Re: Bitcoin trades the inequity of dynastic power for the inequity of early adoption
Notice it doesn't say that if 51% of the computing power decides not to upgrade... never mind.
It says, we've decided. Come along or not.
It also says "likely" It says, we've decided. Come along or not.
If 51% or more of the computing power - would probably only take 3 or four pools - had decided not to upgrade, it wouldn't have happened. But it was in their best interest to do so because it was a bugfix, not a philosophical split.Also, you forgot that 51% (or more) of the computing power had already decided:
http://bitcoin.org/chainfork.html
Quote
Large mining pools running version 0.8.0 were asked to switch back to version 0.7, to create a single block chain compatible with all bitcoin software.
Those same mining pools were then asked to do the upgrade on the 15th.