Post
Topic
Board Development & Technical Discussion
Re: I assume this 497 BTC output is unspendable?
by
maaku
on 01/07/2014, 15:40:10 UTC
Imagine the situation when top-10 mining pools will accept this protocol change in 4 years from today.
There will be split of network in ~2018.
I think that the majority of users will follow the pool-owners

No, they won't. They'd have no economic incentive to. If a cartel of a few individuals can change bitcoin at will, then bitcoin loses its only redeeming feature and becomes a very expensive, less usable version of paypal. There is absolutely no way that any central party can mandate controversial hard-fork changes to the bitcoin protocol, no matter their hashrate.