Author

Topic: Hardfork transition (Read 517 times)

legendary
Activity: 2506
Merit: 1010
March 01, 2013, 03:27:51 AM
#5
If btc really need a hardfork, what is the procedure to tell everyone to upgrade ?

 - http://en.bitcoin.it/wiki/Contingency_plans
sr. member
Activity: 359
Merit: 250
February 28, 2013, 08:44:37 PM
#4
Since bitcoin is decentralized, introducing new client will be minority initally, how do we make sure that 50%+ users are to run this new client.
Maybe the new hard fork features (variable block size limit and whatever else) could be built into a release and set to activate at a certain time (certain block?) in the future.  The majority of users can then be expected to support the hard fork if the activation time is set far enough away.

(I'm sure solutions to this problem have been brought up by other people... this is just my guess)
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
February 28, 2013, 08:07:26 PM
#3
Since bitcoin is decentralized, introducing new client will be minority initally, how do we make sure that 50%+ users are to run this new client.
legendary
Activity: 3472
Merit: 4801
February 28, 2013, 01:50:32 PM
#2
I'd expect it to be announced on this forum, and on bitcoin.org.

You may or may not see various merchants indicate it on their websites (blockchain.info, MtGox, BitFloor, BitInstant, Coinbase, BitcoinStore.com, etc).

Beyond that I'd expect that everyone needs to be responsible for their own money and make sure they are keeping up with any new developments in Bitcoin.

EDIT: As of 2013-04-17 BitFloor has ceased all operations.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
February 28, 2013, 01:13:05 PM
#1
If btc really need a hardfork, what is the procedure to tell everyone to upgrade ?
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