Think about it from a business owner's perspective. Would you support the de facto official version which has dozens of developers, or a new fork that has 2?
Frankly, I don't know. Imagine Bitpay Coinbase and a big china's miner say "FUCK IT GO XT", what would happen ? Maybe it is not possible, frankly I don't know. But being divided on an issue is hurting us, and I think better data and observation will make people's mind.
I'm in Bitcoin only since last year, it is the first big disagreement I have seen.
It's good to stress the chain, but it should be ramped up gradually so as to give people time to deal with the changes for the best adaptation. You could say the sudden shock would be a better stress test, but this isn't so much a test as much as a way of incentivizing optimization. (Right?)
The goal is not to kill the network, I will shutdown the service if any big problem.
It's not going to force a blocksize increase if everyone is experiencing delays;
I don't know. What if it cause decentralization to drop dead because of UTXO set size ? would you continue to defend the block limit ? (again, please I don't want to debate that, just to give an example)
Maybe it will break nodes count from 6K to 1K. (In which case, I can fix the problem by closing the opened utxo, so we all know that the block limit is not the main factor of decentralization)
Maybe nothing will happen and the fees will naturally rise, killing the spam.
ne other thing to keep in mind is that if this were actual actual transaction demand miners and others could figure into their future business models that they can rely on these fees and they may start adjusting their fees to try to maximize revenue (making this attack prohibitively expensive, as we want it to be). If it's just a temporary attack, even if it continues for weeks, miners aren't going to have any incentive to change things. Well, they may have a personal or altruistic incentive to raise their fees for the good of the network, but not really an economic one. And even if they raise their fees, they may not have an incentive to make it easier for users to know how much to pay.
I don't want to speak about "this I think will happen", the spam is meant to be massive for months so we can feel the impact. (if enough funding)
I think we will learn a lot, and have time to fixup things before it becomes real.
I wonder if miners will make contracts with payment providers to process "premium" transactions. (which would be a new revenue stream for miners, mainly the big one)
IF I DO IT, WHAT TYPE OF CHART WOULD YOU LIKE ?
What kind of data would you think help to make our minds ?
I don't want to debate whether it is useful. Vote will be made with wallets. I want to know if there is any strong opposition and deep concern about that, and if it is, why.