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Author Topic: [2017-07-01] The Curious Dilemma of the Bitcoin ‘Community’ Going Separate Ways  (Read 3385 times)
tyz (OP)
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July 01, 2017, 10:56:05 AM
 #1

The Curious Dilemma of the Bitcoin ‘Community’ Going Separate Ways

The scaling discussion has been a long and exhausting debate that has been going on for many years. Currently, there are a couple of proposals like UASF and Segwit2x that may be coming to the Bitcoin network in the near future. However, as many people are calling Segwit2x the last chance for the Bitcoin ‘community’ to come to a consensus together, many people are starting to believe a divorce would be the better route.

https://news.bitcoin.com/curious-dilemma-bitcoin-community-separate-ways/
d5000
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July 01, 2017, 02:14:18 PM
 #2

A split would maybe not be the death of Bitcoin, but would weaken the ecosystem. In many countries, for example, if you are client of a local exchange, you would be forced to use the Bitcoin that exchange decides to support.

Also, for me a strong argument against a split is that the "centralizing" forces in both implementations will have an easy game: In an "big-blocker" Bitcoin, there won't be much effort to try to keep the node network decentralized, and in a "small-block" Bitcoin, everything would be prepared to make LN the primary form of transactions. Both are approaches I personally don't support.

So in my opinion a compromise is "a must" if the network should continue to be strong and robust. My preferred solutions are "big blocks for those that want 'em"-solutions like sidechains and extension blocks.

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BitPokerio
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July 01, 2017, 02:24:03 PM
 #3

In any case, this will be a blockchain family.
TraderTimm
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July 01, 2017, 04:20:46 PM
 #4

There is no "last chance" or time limit.

We'll either adopt some method of scaling - or not. So what.

Bitcoin wasn't made to be changed on a whim, but after careful consideration and discussion. I blame all the ADHD idiots out there that think progress means rapid-style changes. It doesn't.

I think that will become more clear if there is a fork and the majority just disregards what they consider to be a waste of time, or a centric-trend risk.

We'll survive, like we always have. Its very hard to kill something that has been under attack for nearly 9 years.

fortitudinem multis - catenum regit omnia
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