new entity
percentages are not determinable
power of VETO
What it has sounds like an ALTCOIN.
Why not create your ALTCOIN based on your ideas?
Ha Ha, you really are as blind as a SPV Miner.
What I described is what Bitcoin is doing currently, what you are saying is an Altcoin.
To prove me wrong, you have to go hardfork at 51% Consensus, but the whole Bitcoin
community already knows you don't have the balls, that is why the Bu Miners are using
the BU Validator Node Network. You can not hardfork without it.
Miner's ability to deploy their own nodes doesn't matter since the others will still VETO.
As far as I know all wallets only count positive confirmations, ignoring the others.
So what you say is not possible.
Confirmations are irrelevant.
It is number of decentralized independent ledgers all signalling for their choice,
then either approving or negating the proposed changes.
Confirmations has nothing to do with what I am saying.
I would like to point out and thank you for not addressing anything else I have stated,
but that you only take small snippets of my overall argument and only address those.
That isn't how normal conversations or arguments are performed, and are usually done
by those who are not interested in learning but just propagandizing or FUDing.