Rusty Russel
concludes:
Thus I revise my bandwidth estimates; instead of 17% per annum this suggests 30% per annum as a reasonable growth rate.
30% per annum, good. What's the annual rate of increase in Gavin's exponential function? Well, it's
41.4% per annum, which is clearly beyond the pace of technological advances in bandwidth. Not to mention that the past experience doesn't guarantee the future progress.
Gavincoin's rate of growth flagrantly disregards planning for the worst, in preference of hoping for the best.
That is a technical affront to and social engineering attack on Bitcoin's diversity, defensibility, diffuseness, and resilience.
Whether intentional or not, it is based on Hearn's Big Lie:
Bitcoin has been suffering because the failure to remove an anti-spam fix has become a point of contention.
Let's fix Hearn's Big Lie so it accurately reflects the reality of this summer of drama:
Bitcoin has been thriving because the failure to remove an anti-spam fix has become a point of contention.
There. Much better.