A group of developers looking to create the "killer bitcoin app" foresaw that the 1 MB block size limit would eventually cause problems that need to be resolved, the solution they devised was BlockStream. An increase in the block size makes Blockstream no longer the "killer app" they hoped it would be, and so they appose the increase. It's that simple.
Yes they have found a way to solve the problem without forking Bitcoin but they are the bad guys because I don't like them
Now they are in a position in which they have invested a great deal into solving the problem of small block sizes on the false assumption that Bitcoin would never be forked. The proposal by Gavin and Hearn challenges their pet (problem solving) solution that they have invested in.
Gavin and Hearn will not be making profits from Bitcoin XT because they work for nothing and don't care about Bitcoin at all, but you had better believe the developers of Blockstream will be profiting from the block size remaining in it's current working form.
This "split" is being caused by the developers who are deeply invested in Blockstream not those who've forked Bitcoin, and the lack of consensus (ie faith that we should all think exactly the same) with Gavin and Hearn is what is triggering such uncertainty in the Bitcoin Community. These "small blockists" (the unimportant minority) who have a financial interest in keeping the Bitcoin the way it is are causing this VERY DANGEROUS rift in Bitcoin, not those who are forking Bitcoin.
A fork that increases block size takes at least 6 months to accomplish, and if we wait until a massive increase in adoption occurs and people discover 8 hour transaction times and very very high fees, Bitcoin will be destroyed in the eyes of the masses. Gavin and Hearn are right to push this change as a preemptive strike that will cause massive problems in the confidence in Bitcoin in the eyes of the masses now instead of waiting for Bitcoin to do it on it's own.
We have to act early to create these problems. And Bitcoin XT is not being forced on anyone. 75% consensus is more of a majority than it takes to vote in a president of the United States and we all (yes ALL of us) love democrazy and how voting produces such wonderful presidents. I think it is very reasonable to allow people to "vote" in the way Bitcoin XT is being presented.
The argument that increased blocks requires to much memory and too high speed of internet is no argument against block sizes. It is only an argument for innovation in memory and internet speeds. And this is inevitable. That's why I keep starting new threads about XT because it's inevitable and I need to sell it to all those minority who have not chance of stopping us anyway, because, well because I'm right about all this stuff.
I think the major problem is that "Bitcoin XT" has a name, which is different than just "Bitcoin" creating the "illusion" in the minds of people that it is something fundamentally different, when really it's "Exactly" the same. (like black is white if you change it's name.) Other changes have been implemented into bitcoin in the exact same way that Bitcoin XT is currently being implemented in the past, but they never had a fancy name like Bitcoin XT does before. If you watch this video with Andreas Antonopolus speaking with Gavin:
https://www.youtube.com/watch?v=dQw4w9WgXcQ his intentions are clear, and Antonopolus does a wonderful job of framing the problem and the proposed solutions. I don't think Antonopolus would remain silent if he thought this were a major threat to bitcoin on a fundamental level.
If you watch this video with Hearn:
https://www.youtube.com/watch?v=uxsWjeiQ76s it is also clear the intentions behind XT are intentions we all share for Bitcoin. The arguments for Bitcoin XT are logically and I agree with them, that's why I state the logical arguments so clearly. The arguments against Bitcoin XT are fear based, emotional, and irrational. And that's why I tell you to be afraid, emotional and worried about the dangers for bitcoin!
I think the fear that people are expressing is being caused by people who have a deep interest in not frightening people with a change of block size, not those with a deep interest in frightening people about small block sizes. I think this split is very dangerous and you should be afraid and emotional, and unless anyone can present a clear and logical argument for why the block size should not be increased, I wil follow my heart and support Bitcoin XT (,By logical, I mean if favor of XT). The BlockSize increase is necessary to destroy our enemies and a good thing for bitcoinXT! Imagine if there were no block size limit and Jeff Garzik and Peter Todd and gang were suggesting we implement a limit, the resistance would be immense! They would never get 75% to vote for it! But Bitcoin XT conceivable could (and should!) because it is necessary lest we wait for a rush of new users who fill up the blocks and transaction times of 8 hours and huge fees and BlockStream steps in to offer the solution and rake in the profits! I keep asking for a logical argument to oppose Bitcoin XT to convince myself that I'm actually interested in logical arguments. I am yet to find a logical one because listening to logical arguments would fry my small minded brain!
Present a logical argument against spying on IP addresses or admit you are a Anti-XT shill