I tried to convince the authors of BIP101 to make their proposal bilateral by requiring the sign bit be set in the version in their blocks (existing nodes require it to be unset). Sadly, the proposals authors were aggressively against this.
ofcourse people are going to reject the stupid idea to avoid using bitcoins main feature... the consensus/orphaning mechanism.
but as we all know you want anyone who is not blockstream loving, to F**k off..
however blockstream is not the bitcoin owner, nor the network owner... though you want it to be.
blockstream should remain just part of the network, working with others on the network collective, to agree on rules using consensus, done via compromising and agreements by majority (consensus)
The comparisons so soft-forks do not hold-- normally a softfork does not split the chain at all. And it is safe precisely because any fraying it causes if it causes any is not lasting, and will automatically heal without human intervention or significant disruption.
As a result, non-upgraded nodes would incur huge loss and will immediately upgrade to the new version, quickly make the hash rate on the new version almost 100%
It's unfortunate to see this kind of ignorance continue. You're adopting a faulty analysis that comes from 'assuming the existence of a privileged position', why is it that you assume the non-upgraded are incurring a huge loss? By each system's own rules its own chain is valid and the others is invalid in that sense they have equal standing, but one has the moral authority of being first and consistent with the philosophy of robustness against external influence. Because of this it would be more valid to say the interlopers are incurring a huge loss if anyone is.
though bitcoin right now has consensus of many implementations and diverse nodes. you actually want a 'existence of a privileged position' (dictatorship) and people see that you want it. and so are describing scenarios to explain why splitting bitcoin is bad, and why we should use consensus. to avoid a 'existence of a privileged position' (dictatorship) that you desire
From the perspective of the non-upgraded nodes, the parties with the mutilated protocol simply do not exist. Due to being bilateral, the same is true in the other direction. But none of this creates automatic winners or losers. And in all hardfork scenarios there is plenty of opportunity for everyone to be a loser.
YOU joined 2011,
core brand and blockstream brand appeared in 2013
stop pretending blockstram/core have owned bitcoin since 2009
Gmaxwell. its far easier to ask you to go and play with your monero and go program your leaders desire of a banking network over at hyper ledger. that to allow bitcoin to be sucked into the closed dictatorial realm of blockstream
bitcoin should remain in the open realm where anyone can be part of it but no one owns the protocol in full.
the only reason i see blockstream upping their game of dominance is that they fear not getting their next investment tranche from the banking sector if they cannot become a dictatorship of the network.