and lets ask, discuss and look into the real question that should be asked:
what actual proposals of bitcoin code changes, features and demands were discussed at the round table
coindesk has made a summary
http://www.coindesk.com/blocked-block-size-bitcoin-basics-satoshi-roundtable/
any other sources and info? which would help the community know whats been said and suggested during their closed door meetings
Quote
Sidechains[altcoins] considered
That's not to say that the discussion didn't provide advances.
In conversation, prominent technologists seemed increasingly interested in testing scenarios in which a sidechain[altcoin], or a blockchain featuring bitcoins pegged to the main blockchain, would be used as a way to extend the tech's functionality while preserving its core.
Under this scenario, the bitcoin blockchain could theoretically support a separate blockchain[altcoin] that would have different features, such as say, an 8MB block limit
The discussion focused on two particular sidechains[altcoins] proposals introduced in recent months, though which had not been broadly been considered as potential ways to achieve scaling.
However, there was acknowledgement that other factors needed to be refined (such as how the sidechains[altcoins] would be secured). Also notable is that the idea would require the addition of new code to the bitcoin protocol by way of a soft fork, meaning miners would still have to signal support for the upgrade.
Conceptually, however, the idea seemed to have support, and a potentially broad appeal.
One attendee summed up the idea:
"The people who want things to stay the same can keep everything. For people who want large blocks, you don't have to schedule a hard fork."
That's not to say that the discussion didn't provide advances.
In conversation, prominent technologists seemed increasingly interested in testing scenarios in which a sidechain[altcoin], or a blockchain featuring bitcoins pegged to the main blockchain, would be used as a way to extend the tech's functionality while preserving its core.
Under this scenario, the bitcoin blockchain could theoretically support a separate blockchain[altcoin] that would have different features, such as say, an 8MB block limit
The discussion focused on two particular sidechains[altcoins] proposals introduced in recent months, though which had not been broadly been considered as potential ways to achieve scaling.
However, there was acknowledgement that other factors needed to be refined (such as how the sidechains[altcoins] would be secured). Also notable is that the idea would require the addition of new code to the bitcoin protocol by way of a soft fork, meaning miners would still have to signal support for the upgrade.
Conceptually, however, the idea seemed to have support, and a potentially broad appeal.
One attendee summed up the idea:
"The people who want things to stay the same can keep everything. For people who want large blocks, you don't have to schedule a hard fork."
funny part is if an altcoin can cope with 8mb.. then all the "internet cant cope, nodes cant cope" rhetoric just got destroyed, because obviously there is no node/internet issues if an alt can do it..
so just let bitcoin itself have the capacity starting at a rational dynamic beginning of say 2mb and naturally grow, knowing 8mb is possible. especialy knowing that they deem altcoins/node/the internet can cope with it..