Quote from: jbreher on March 28, 2017, 03:57:10 PM

Quote from: AlexM on March 28, 2017, 11:24:06 AM

Quote from: jbreher on March 27, 2017, 11:47:24 PM

Quote from: AlexM on March 27, 2017, 10:32:25 PM

BU is a centralized company trying to do a hostile takeover of Bitcoin. Core are a bunch of volunteer developers (some of whom are paid by MIT and Blockstream) but any developer can volunteer to work for core and help make Bitcoin better. BU want in install a president of Bitcoin, not all the BU code they release is reviewed, not all the code they release if visible for anyone to see, and all developers are paid employees. So if BU ever manages to take over the Bitcoin chain, Bitcoin will lose 90+% of its value within 2 years, people will move to independent alts. Who wants a company managing Bitcoin, might as well use Visa.

BU's bigger blocks can also mean smaller blocks, the miners decide on the blocksize, so in theory they could vote for smaller blocks and thus higher fees. The other issue with larger block is the larger the block the more decentralized the miners become. If the blocksize went much larger quickly only data centres would be able to mine as no one else would have the bandwidth or storage needed. If the blocksize were to hit 4mb in the next year or 2 then the whole of Austrialia and Africa would be unable to process the data needed to mine due to bandwidth. So that is 2 continents without any possible mining.

I'm impressed how many bald-faced lies you are able to spew in a single post.

Ok, you are calling me a liar. I would like to see you disprove what I have written. I accept that "Bitcoin will lose 90+% of its value within 2 years, people will move to independent alts. Who wants a company managing Bitcoin, might as well use Visa" is my opinion based on what I know. Im pretty sure the rest is truthful.

I think that larger blocks have some merit, but I do not think that BU has any merit at all.

Quote from: AlexM on March 27, 2017, 10:32:25 PM

BU is a centralized

false

Quote from: AlexM on March 27, 2017, 10:32:25 PM

company

false

Quote from: AlexM on March 27, 2017, 10:32:25 PM

trying to do a hostile takeover of Bitcoin.

false

Quote from: AlexM on March 27, 2017, 10:32:25 PM

...BU want in install a president of Bitcoin

false

Quote from: AlexM on March 27, 2017, 10:32:25 PM

not all the BU code they release is reviewed

false

Quote from: AlexM on March 27, 2017, 10:32:25 PM

not all the code they release if visible for anyone to see

false

Quote from: AlexM on March 27, 2017, 10:32:25 PM

and all developers are paid employees

false

Quote from: AlexM on March 27, 2017, 10:32:25 PM

So if BU ever manages to take over the Bitcoin chain, Bitcoin will lose 90+% of its value within 2 years

speculation. faulty speculation

Quote from: AlexM on March 27, 2017, 10:32:25 PM

people will move to independent alts

faulty speculation

Quote from: AlexM on March 27, 2017, 10:32:25 PM

...If the blocksize were to hit 4mb in the next year or 2 then the whole of Austrialia and Africa would be unable to process the data needed to mine due to bandwidth

false

Wow u are ruthless! I like you!