Nicee...
BTC is mindlocked in what we have now.
We can't change PoW, we can't switch to PoS.
Any fork maintaining current mining related features will outperform mutated BTC on all exchanges.
Core already lost battle to BU.
Coz when blocks will get full 110%, BTC network will get jammed and then HF will happen for sure,
with support of majority of miners.
Not just by 40% of them like now.
Yes you can invent the best and coolest PoW or PoS or any combination of them.
But there is no difference between such "saving plan" for Bitcoin and creation of new altcoin.
Value of BTC after such change will plummet.
I liked to find your comment so successful today with 85% of the hashpower ready to make a hardfork to impose the extension of the limit of 1MB.
What do you think today given the situation?
If the miners run the hardfork successfully and set the precedent of imposing block limits, does this mean that the best ASIC chip maker will always have the supremacy in Bitcoin?
Will the mining of empty blocks during hardfork inevitably force developers to a desperate change of PoW?
So the developers would have the power?
Which is based on the old IRC takeovers (Gavin's kick true story).
If the change of PoW were successful, give enough power the non-miners to steal commissions (off-chain) in crescendo and uncontrollably damaging the security of the main blockchain?
Who rules in Bitcoin?
Thank you.