Quote from: yefi on May 29, 2017, 03:25:18 AM

Quote from: BlindMayorBitcorn on May 29, 2017, 02:11:05 AM

I completely missed the boat on ETH and I'm still pissed about it. But I still don't get it. If decentralized applications ever take off, won't using ETH be prohibitively expensive at this price? Such that a cheaper alternative will instantly take it's place?

Cost of gas for computations is price-adjusted, so shouldn't increase in real terms until there is competition for block space.

Quote from: JayJuanGee on May 29, 2017, 01:49:16 AM

It's an attempt to change governance and to accomplish such in the form of a hard fork.... A hardfork is not necessary. so why agree to something that is not necessary and that is problematic and that is going to set bad precedent for future take overs.. especially if they agree to either a hardfork or a change in governance.. ?

Primarily because the alternatives appear to be either ossification or radicalism, neither of which are appealing.

No need to make any desperate moves... if the system is not broken, then why employ fixes that are not necessary, merely for the sake of giving into terrorists (or hostage takers)?

So, yeah maybe some form of ossification will be o.k... and then the disatisfied folks can fork off and then seg wit will happen.. or maybe we will all move to litecoin that has nearly everything that bitcoin has plus seg wit.

Ossification is not the end of the world. I'm gonna still buy me some bitcoin, even if I can only use it for storage and once in a while withdrawals.

Quote from: Richy_T on May 29, 2017, 03:52:42 AM

Quote from: JayJuanGee on May 29, 2017, 02:15:42 AM

seg wit has already been vetted and approved

Well, I'm glad that changes to our "permissionless", "decentralized" currency have been "approved". Should I prostrate myself or will a simple grovel do?

Though I agree with the spirit of much of the rest of your post. Small blockers have refused to accept any form of compromise and this will be no different.

What the fuck do I know.. I am just saying that there does not seem to be any reason to compromise in regards to a hard fork that is not necessary, a change in consensus levels which is not necessary and a 2 mg increase in the blocksize limit is not necessary - especially if there is seg wit.

Maybe if there were a soft fork that might work.. and maybe if there were not a change in consensus, that may work, and maybe if some of these supposed compromisers were really serious they would start to signal seg wit, but they are not going to because they only agree to seg wit with the imposition of unnecessary and problematic buggy-ass non-technical ideas.

Why compromise with that?