Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 204. (Read 378996 times)

We stay with the default. The protocol only changes with consensus. Thats how bitcoin was meant to work. For better or worse.

The other alternative, if a segment of economy absolutely can not stay with default, and no compromise is found, is to split into 2 separate coins.

Such splits will eventually occur. If not now then somewhere down the line about some other issue. Both coins might survive or eventually one will die.

Its not necessarily bad. Its like evolution and survival of the strongest.

But Core supporters does't have the consensus neither for the status quo and they are forcing it on the other side...

Now what?

At some time in a coins history you have to give up some de centralization for the coin to work for the masses or the conformation times would be years

I think part of the drama is that XT forks at only 75% with the presumed intention of strong-arming a minority onto its fork. It tries to fork onto new protocol rules without consensus.

You can run code like that.

I can also criticise such clients and urge people not to run them.

Thats decentralisation.

It is easy to fork the code and that has occurred. People have a choice to run forked code and Devs are completely powerless to stop it.

Where is the centralisation?

You can download XT now, nobody will stop you, you have choice, that is a fork of the code.

You should not tho because its damaging to Bitcoin (I believe). I cant force you either way. Thats decentralisation.

I think the problem is actually that Mike and some XT supporters want to force XT rules on a large segment of people who do not want their rules. Thats why they talk about 'leadership' and benevolent dictatorship.

Just like you have a choice I and many others have choice. We do not want XT or rules created by Mike.

Respect our choice and the fact you do not have consensus. Consensus means that often people will not get their way.

At some point I might not get my way also, but you might get protection from a change you did not sign up for. Thats the way Bitcoin was designed to work and overall I think its a net positive.

code fork != protocol chain fork btw

Maybe you're right. Maybe people went nuts simply because that was the first time it ever happened...

Individuals pointing out poor choices is part of the process of "the market", is it not?

I am not referring to XT specifically but considering all the drama that happened on a simple choice, I don't think it would ever be possible to fork the code no matter what the God like devs decide to include in the protocol.

I don't think he is . Inability to fork to XT rules != mean centralisation.

You can fork the code btw and its trivially easy. Forking the chain with new protocol rules is not easy and should not  be easy. Thats tangential to what Hearn said.

Also its not true that the market wants a fork, a significant percentage does maybe.

The way Mike and Gavin did it? They just drop a choice and people went all over the top...

How does the market choose?

By letting the market simply choose the implementation it wants? But considering all the drama a simple "choice" have created I think we can simply conclude bitcoin is indeed centralized.

How do we know if "the market" wants it?

You can try, but I don't think you can accurately predict what the "Bitcoin economic majority" is thinking until after the fact (fork). We have lots of people posting that they will do this or do that, but as they say, "Money talks, bullshit walks." The thing about Bitcoin is... you have no idea who the "economic majority" is. They can't even vote until after the fact (fork), so everything up until then is just posturing. Well, I suppose they can vote to walk away today, but anyone with a lick of sense should realize that is a mistake.

I think he is referring to the inability to fork the code even if the market wants it. Now what?

XT is sure to win dominate now that Doctor Frappe, the LeBron of Bitcoin, is aboard!   

The problem we can't tell if XT is winning, because they are admitting defeat (by NotXT and Bitkiller) and spoofing their version as Core.

bitcoin-xt ›
Changing XT ver string to be the same as Core
https://groups.google.com/forum/#!topic/bitcoin-xt/IWg3JHvOWJo

The funniest part of this is Hearn sacrificing Lighthouse in a vain attempt to save his vanity fork of Bitcoin!   

Hearn and Frap.doc are such epic lulzcows.  Every day, we get to enjoy fresh buckets of comedy thanks to their hapless, domesticated nature.

How quickly then went from 'fine, we'll make our own Bitcoin with giant blocks and blacklists' to 'aww, screw the whole thing.'

Mike Hearn

Interesting thing to say from someone who thinks Gavin should have taken over the reins at core and just made the decisions, in his favour presumably.

So he now has genuine  concern about decentralisation? The person who pushes for blacklists, passports for nodes, envisions a future where nodes are only run by larger companies. Defends gov prosecution of Shrem and their non-punishment of HSBC?

Not that I see a future where XT is the reference client, run by Hearn, as more decentralised then the situation now.


It really looks to me like Mikes main concern is about 'winning' and getting 'his way', and he will just use whatever reasoning to try and get that.

Ah oh.  World domination is right around the corner.

I wonder if fap.doc will sue theymos for stealing his perceived mojo?  Theymos giveth, theymos taketh away I guess.

You mean the new forum that typically has about 4 people online, one of which is me lurking and laughing?   

Honestly I don't really understand fully what's happening, and what the difference between the three is, but all of these people acting self-entitled and like they know everything is just pissing me off.

I think the reaction to BIP 100 made it pretty obvious that BIP 101 (and XT) never had much support in the first place. As soon as miners could show support for something else, they did. I'm just glad the hysteria phase is over. This community had me worried for a bit....

XT lost nodes because of a massive DDOS attack. Not because it lost support.

Expect XT to be around for a loooong time. At least as long as it will take for Core to scale up the block size enough to satisfy everybody.