From: "NxtChg" <nxtchg@hush•com>
To: "Eric Lombrozo" <elombrozo@gmail•com>
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Annoucing Not-BitcoinXT
Date: Tue, 18 Aug 2015 12:46:11 +0300 [thread overview]
Message-ID: <20150818094612.2344943128@smtp.hushmail.com> (raw)
In-Reply-To: <CE3B7411-2863-4D6B-85B0-4F28D4D7F391@gmail.com>
Eric,
>FWIW...
These are all good points and I agree with most of them. Yes, the block size debate is a lucky historical accident, which makes it easier for XT to pull off the split, but that's not the point.
The point is, the split _must_ happen because the centralized governance of Bitcoin became a bigger problem than the risks of a fork or larger blocks.
You cannot govern a decentralized currency with a centralized entity.
That's why we shouldn't fear hard forks - they are the new reality, and if we cannot set up a reliable process for them to happen then there _is_ no decentralized Bitcoin and we all might as well just give up and go home.
----
And that's why it would be nice to have a more complex voting mechanism in the block header (see this proposal for the new header format, for example: https://bitcointalk.org/index.php?topic=1151698) and other initiatives to make forking more reliable and user choice easier.
This is a better path than trying to suppress all forks by dictatorship methods of the few currently in power.
next prev parent reply other threads:[~2015-08-18 9:46 UTC|newest]
Thread overview: 22+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-08-16 22:34 jyellen
2015-08-17 3:10 ` jl2012
2015-08-17 7:04 ` Peter Todd
2015-08-17 10:09 ` NxtChg
2015-08-17 12:40 ` Vali Zero
2015-08-17 13:34 ` NxtChg
2015-08-17 14:03 ` Eric Lombrozo
2015-08-17 14:09 ` Levin Keller
2015-08-17 14:30 ` Eric Lombrozo
2015-08-17 14:36 ` Adam Back
2015-08-17 14:58 ` GC
2015-08-17 15:03 ` Levin Keller
2015-08-17 15:07 ` Eric Lombrozo
2015-08-19 3:49 ` odinn
2015-08-17 15:10 ` NxtChg
2015-08-17 16:37 ` Eric Lombrozo
2015-08-17 16:55 ` Eric Lombrozo
2015-08-18 4:37 ` Dave Scotese
2015-08-18 5:13 ` GC
2015-08-18 5:33 ` Dave Scotese
2015-08-18 9:46 ` NxtChg [this message]
2015-08-19 9:47 ` Jorge Timón
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