Bitcoin Forum

Stop acting like it's an alt. It's not.

Stop acting like it's an alt. It's not.

Try spending your XT coins on the real chain after the fork, then try telling yourself it's not an alt when that fails

Idiot, if the fork happens the real chain is the one built on XT nodes.....

Try spending your XT coins on the real chain after the fork, then try telling yourself it's not an alt when that fails

There is no forks if there is no consensus. If there is a fork by consensus then it becomes the real chain. Is that so hard to understand? Meanwhile I can send you bitcoins from my XT client and your Core client will consider it as valid.

That's not entirely true. Due to the low threshold (75%), the fork could move forward and both chains may continue for some time, and in the end XT could still easily fail. I'd not be spending any coins for quite some time after the fork, should it happen.

If you thought Litecoin and altcoins dilute the value of Bitcoin, wait til you see what BTCXT does to the price! Actually, the market is already giving us a hint as to why BitcoinXT is such a bad idea.

A more responsible option would have been to set the trigger threshold at a real super majority of 90% miner vote. If it was set at 90%, the chance of a bad fork would be far less likely. But Mike & Gavin knows that there's no way they can get 90% support, so they would rather risk hurting Bitcoin in order to get their way. Mike has even mention using checkpoints to force the issue if XT doesn't get the hashrate majority (https://bitcointalk.org/index.php?topic=1089283.0). That is scary. (https://www.reddit.com/r/Bitcoin/comments/3hp190/charlie_lee_nuclear_option_of_forking_the/cu9e4tj)

or on notXT nodes  ::)

You act as if this would happen overnight. If 75% ever happens then it would happen after many months of those miners changing, but near the 75% limit I'm willing to think that the remaining would switch to XT rather quickly to avoid risking being on the worthless fork.

This assumes that XT gets to 75% though, and that's a huge assumption, it might very well be ignored by the miners at large.

More from coblee:




LOL, meono doesn't understand NotXT nodes can mine (and possibly have mined) XT-in-name-only blocks.

Now who's the idiot?   ;D

No i understand it perfectly. However in the thick skull of yours, you assume miners would use NotXTnode. While in reality only a handful retards run NotXTnodes with a fantasy that their evil plan ( if calling that a plan at all)  would actually work.

When the arguments suits, XT will take over in a single day, Core dies instantly because everyone sees the light.

....except when it's a more convenient argument, XT will consume the network really slowly, while Core fights a pointless losing battle


Which is it?


(and why are we talking about this anyway, you're supposed to be explaining to us all how it is you're going to spend your definitely-not-an-Alt-Coin on the real chain.... remember?)