Topic: I support "Bitcoin Classic" (2MB), if the activation threshold is over 95% - page 2. (Read 4887 times)
January 16, 2016, 02:35:29 PM
There's no difference between an activation threshold of 75% (or 51%) and 95% because pro-fork miners can just start rejecting blocks from anti-fork miners to increase the percentage. Miner voting is a stupid concept for hardforks -- it's the economy that matters in a hardfork, not miners.
January 16, 2016, 06:17:28 AM
75% is the majority of the miners, but miners will not move until they are sure that a very large majority of the network will support them.
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
Core will make the move to bigger blocks. They wont give up control this easily.
No, they need to do it at exactly the speed that the technical challenge demands, lest serious mistakes could be made. And they're doing that already.
January 16, 2016, 03:19:39 AM
75% is the majority of the miners, but miners will not move until they are sure that a very large majority of the network will support them.
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
Core will make the move to bigger blocks. They wont give up control this easily.
January 16, 2016, 02:10:32 AM
75% is the majority of the miners, but miners will not move until they are sure that a very large majority of the network will support them.
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
Core will make the move to bigger blocks. They wont give up control this easily.
January 16, 2016, 02:07:29 AM
75% is the majority of the miners, but miners will not move until they are sure that a very large majority of the network will support them.
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
The will never try create coins that no one will accept. The value of Bitcoin is given by the network (users, exchange, payment processor, etc ...)
January 16, 2016, 12:38:32 AM
75% is higher than the majority needed to change the constitution in most parliamentary democracies.
Bitcoin is not a democracy, it is a consensus based system, which means that everyone has to agree otherwise the changes will not work. Since there is no central authority like in governments, no one is there to enforce the majority decision. January 15, 2016, 11:51:39 PM
75% is higher than the majority needed to change the constitution in most parliamentary democracies.
January 15, 2016, 10:54:51 PM
A lower activation threshold like 75% can be considered an attack by those opposed to the move. I think 95% is a high enough threshold which demonstrates overwhelming support and should therefore not be considered an altcoin.
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