ASIC => centralization => big hit on head => ?!

Miners mine as long as it making money. And the community is full of their voice - not to change before earning enough. Security/efficiency call is all base on POW, there is always other ways to do it.

Look at the big picture, transaction fee will be kept lowering by competition of upcoming digital coins, and mining cost determines transaction fee ultimately. In the end, anybody can mine with redundant power of the devices he/she owns to barely make up the wasted capacity. Do not worry there is not enough idle power. I am now running some scientific computation programs for free, using 4 CPU cores out of my 8, and there are thousands of other people with me. 1000 stable online nodes could be enough to replace VISA.

I am not someone you can nail a "Missed Loser" mark on my head, or someone promoting something else. I got bitcoins and love it, and wish the community still have the leadership to move on, no matter what have achieved and what to cost for a bright future. Do the right thing, or be left in the cold - community's choice.

Thanks for your reply. Yes all nodes will potentially "vote" for changes and the developers have been doing well so far. However, I am asking how everything is decided before putting into the list. Even people on nodes can decide whether they like it, they are mainly miners, what if an idea happen to sound better but against all rigs holders now?
 

Dear Bitcoiners,

I am a seasoned programmer, who sometimes write reviews to new ideas/technologies at Weibo (pretty much like Twitter in Chinese, but allows longer articles). I was asked by some people - How decisions made within Bitcoin Community?  I post it here to get a summary, since I am not up to a deep understanding.

I have heard that Bitcoin Foundation is making most important decisions, and they are paying salary to lead developers to get the ball rolling, is that true?

If yes, what is the reason to have a centralized board? How are they elected and dismissed, and how they filter the radical ideas and involve the others in the community to drive implementation?

If no, then who is the major facilitator here? Do you have a voting system or something for achieving consensus? Or just everybody post like me and hoping most popular threads will get an intention of someone who have the power/motivation to implement?

I am sorry for so many questions and there could be answers in some posts already that I missed in searching. I wish I could get most valid input here so to write back to my 30K+ followers, without being sight as an idiot. Thank you.

goodxp

I got the same error twice today...fix it pls.