Heh, theymos in full debunking mode:
BIP 101 is terrible and inherently dangerous.
If the majority of miners adopt BIP 101, they will leave Bitcoin. This does not affect Bitcoin except for temporarily-increased confirmation times and reduced total mining power (still out of the reach of any realistic attacker). Full nodes ignore non-Bitcoin miners no matter how much mining power they have.
If, say, 51% of the economy adopts BIP 101 and 75% of miners do as well (this sort of economy-miner split is possible -- for example BIP 65 is supported by ~50% of miners but only ~20% of nodes right now), then you're splitting the Bitcoin economy 49-51. If you think that shattering the Bitcoin ecosystem like this can cause anything but havoc, severely reduced prices, etc., then you're nuts. (You might somewhat-reasonably argue that things will become better in the long-term due to this, though the vast majority of Bitcoin experts disagree with you: there's a good chance that BIP 101 itself is so bad that it will destroy Bitcoin's good properties, and the precedent that a slight majority can completely change any of Bitcoin's "hard rules" should significantly diminish anyone's faith in Bitcoin as well.)
No, Bitcoin uses the longest valid block chain.
Non-Bitcoin miners are mining an invalid block chain. If the longest block chain was equal to Bitcoin, then there'd be no point to full nodes at all except maybe to run miners. This would also be a horrible and nonsensical system, since you'd be saying that you're OK with giving complete control of Bitcoin to a handful of often-anonymous pool operators far away from you without many of the same incentives as you.
No. I have also never received any money from Blockstream, and I'm not employed by any Bitcoin company.
I don't think that Bitcoin can survive long-term with BIP 101, or at least not in a form recognizable as Bitcoin. So I'd have to join Satoshi in calling Bitcoin a failed project. Maybe it could someday be tried again with more fancy crypto such as SNARKs and more care to prevent this sort of thing.
https://archive.is/IKl91Still must be quite annoying to always reply to such bunch of irrelevant reddit trolls.
These people are nobodies, never heard of any of them, never contributed to anything, yet they come here and shout at historical bitcoiners - the few that's left - spilling their venom, ad homs on core devs on social media and talk about technical things they do not qualify to discuss.
Surely their corporate/banking masters are desperate to highjack bitcoin by now. Full retard mode is on. Like kids that did not get their candyfork.
Gavin is sneaking back in (?) whilst Hearn is fully integrated with the R3 banking cartel. Anyway, the masks have fallen.
Ah and Blockchain Alliance
tm... Full retard mode, I tell you.
