I really don't think that Bitcoin XT will survive. So my decision is that I won't mine BIP 101 blocks. I'll just stick with the good old Bitcoin Core.  ya XT is a flop you should read the BIP100 proposal tho... |
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XT is out
Core is good enough for now...
Sidechains are cool, but dont yet exists
So all we need is to "kick the can down the road" so to speak
Just a little longer, Just a little longer
BIP100 allows miners to do just that,
in a predictable as needed basis.
Vote BIP100 today.
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So a consensus is reached by poor kids in africa?  the poor kids in africa getting a break represents the small reward of actually getting some progress BIP implemented. that is the common goal which makes people want to reach consensus. This Experiment is to test the theory that, if the incentive to reach consensus is strong enough, even a big group can be made to agree; at the same time we answer the question what % agreement can we reasonably expect. |
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assuming the other BIPs have merit too, and it's not that the other miners necessarily disagree with that BIP but would rather another BIP. >75% all agreeing to one thing is hard! and its unlikely all losing miners would turn on the network in anger... I don't go causing a riot when a gov election wins with a minority vote.
having 75% pretty much guarantees that that BIP is some how superior
if all BIPs were all equally good you'd expect the voting to reflect that.
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well consider this, if you set the bar for minimal hashing at 95% a large miner or pool can single handedly veto the change and ruin it for everyone else, in which case it's likely that the network would simple go ahead with the change anyway. 95% is ideal but not a good minimal limit.
Ok, assuming 95% is not a good threshold, why is 75% the best option? 1) what individual miners want doesn't matter. in the end miners will mine the most popular chain, because $_$ 2) 25% of miners saying "no" means they wouldn't be able to do any serious damage to new chain even if they ALL worked together to try and break BTC ( again highly unlikely, most will just accept the new chain and be thankful they got a chance to vote ) 3) 75% is high enough to make sure the BIP by and large addresses most people's concerns, it wouldn't be easy to get 75%, its likly the BIP would have the make some changes along the way to TRY and accommodate everyone. |
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did anyone vote anything other then 75% and isn't trolling?
why? please lets hear your thoughts.
I voted 95% and am not trolling. This thread has not given a compelling argument to change my mind, my opinion cannot be bought out so easily. well consider this, if you set the bar for minimal hashing at 95% a large miner or pool can single handedly veto the change and ruin it for everyone else, in which case it's likely that the network would simple go ahead with the change anyway. 95% is ideal but not a good minimal limit. |
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did anyone vote anything other then 75% and isn't trolling?
why? please lets hear your thoughts.
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75% is at 51.1%
please change your votes to 75%, do it for the kids.
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there pretty much consensus about this, XT is a flop
XT has reached is goal imo to put more pressure. It has also brought out the worst in some people and pointed to some related problems (centralization of control over the places the community uses to communicate, for example). I ran XT on my node for a while for exactly this reason. I never intended to blindly follow Hearns changes in the future and I think I'm not alone. i really dont think gavin goal was simply put pressure, but it has worked out that way. i wonder what will happen to him... not sure if the Core devs will take him back, if he can't dev bitcoin, what will he do?? GavinCoin is becoming a real possibility  |
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A mining pool doesn't own its hashrate, miners can go mine elswhere on a whim. XT is dead tho... Why? it has like 2% hashing power voting for it while BIP100 or 8MB options are both at like 20% https://www.blocktrail.com/BTC/poolsMiners will follow the nodes. If XT has 80% nodes in January miners will just follow what was decided by them. No. It might add some pressure, but there is no technical reason for them to do so. i doubt miners will follow a bunch of fake nodes, and bet they are too lazy to fake 80% of the nodes. there pretty much consensus about this, XT is a flopBIP100 is looking promising, i think if they tweak it a bit to address some people's paranoid concerns about it, its going to win. |
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A mining pool doesn't own its hashrate, miners can go mine elswhere on a whim. XT is dead tho... Why? it has like 2% hashing power voting for it while BIP100 or 8MB options are both at like 20% https://www.blocktrail.com/BTC/pools |
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A mining pool doesn't own its hashrate, miners can go mine elswhere on a whim. XT is dead tho... |
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all go to 90% WE CAN DO IT!
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if you care about the poor kids in africa you'll change your vote. |
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You 90%-ers will never get consensus at that level. Come down to 75% for the good of us all!! i think we can do it and there's still time, i'll switch to 75% last min. |
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bitfinex looks like it trading...
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looks like i wont have to make a donation to worldaid.org
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they grow up so fast don't they  |
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