Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not as advertised
by
ShadowOfHarbringer
on 08/11/2010, 01:21:47 UTC
The way things are now you could theoretically be taken over by an entity with massive computational resources creating the largest proof of work blockchain and this means "might is right".

Weird. Even with the locks in source code ?
I thought we were talking that the "checkpoints" in source make that kind of attack impossible.

Thats not fair or free market but attracts the biggest "cpu bully" to control things. I simply want the ability to choose - which has not been the case with the current central bank system. I know this is only a theoretical possibility and as the network grows the chance of it happening recedes...but the stakes are high and we all know the control freaks want to impose their way of doing things on everyone. If there is a way for them to do so it should be removed or assuaged.

You already have an ability to choose: You can write/fork Your own client, which will use a different chain. It is a little complicated, but choice exists.
But adding an option to select different chain from official one.... that would only create unnecessary mess and perhaps even panic on the markets.

I think we want bitcoin to be stable before all else, so if somebody wants to use different chain or different network, perhaps simply a forked client should be made for that.