Where's the financial gain for Mike and Gavin coming from ?

[meono]

Would be easy to make tons of money once you control the software of bitcoin. Redirect 1% of Tx fees to you or something. Not saying they would do this but there's a lot of ways to make a killing when you control bitcoin. Could easily just be for pride and power in the community though, from what I understand they're dedicated bitcoiners and probably not out to do something as malicious as steal from users.

Lol how stupid can you be?

[AGD]

Maybe from the same people, that want the Bitcoin community divided.

[harrymmmm]

Bigger block, regardless of how it happens or what size, will need to happen via a fork.


And let me be very frank here. Coming from someone who has organized not just one, but multiple forks logistically with Litecoin and Dogecoin I can tell you its not all doom and gloom as people have claimed it to be. It's a pain in the ass, but not the end of the world. I'm one of a few people within cryptos who have experience in doing this.


Hell I'll state right now that I will personally help with the fork when it happens for Bitcoin.

Nice to have someone with experience.
Can you tell us a bit about the issues you faced? Particularly what can go badly wrong.

The largest issue I have personally have run into is communication. Specifically,either conformation from entities that they agree to the confirm to the new protocol or language issues. Language issues can be resolved with the addition of translators if available (which in Bitcoins case I cant imagine is that hard). In terms of the agreement is a little more difficult, and usually involves more "harassment" of said entity. Finding email addresses of entities is also a large pain point as well.

In any case, I would imagine it would be easier to upgrade bitcoin to a fork, but only if certain entities are supportive of it. For example, if BIP100 were to be the one that gets forked, it would be easier to send emails and CC TBF so those who receive the message know its serious. In cryptos, those who hold leadership positions in the ecosystem are the ones who influence the fork (yes I know its counter to decentralization, but thats another discussion) .

So ... just notification issues.
Were any of them like this bitcoin fork, where there will be 2 chains running at once?
No problems with black hats trying to cash in on one chain or the other?

[Kprawn]

Well according to them, Wladimir must take on a more aggressive dictatorship role, when dicisions needs to be made, regarding development changes that needs to be done to the Bitcoin code.

Gavin and Mike is not in a position to force these changes and are out on a power trip to influence people to make these changes by forcing a fork. I can see the reason why they want some of these changes, but I

do not agree on the way they want to force the issue.  If there are money involved, it would come out at a later stage. It always does. 

[TheMage]

Bigger block, regardless of how it happens or what size, will need to happen via a fork.


And let me be very frank here. Coming from someone who has organized not just one, but multiple forks logistically with Litecoin and Dogecoin I can tell you its not all doom and gloom as people have claimed it to be. It's a pain in the ass, but not the end of the world. I'm one of a few people within cryptos who have experience in doing this.


Hell I'll state right now that I will personally help with the fork when it happens for Bitcoin.

Nice to have someone with experience.
Can you tell us a bit about the issues you faced? Particularly what can go badly wrong.

The largest issue I have personally have run into is communication. Specifically,either conformation from entities that they agree to the confirm to the new protocol or language issues. Language issues can be resolved with the addition of translators if available (which in Bitcoins case I cant imagine is that hard). In terms of the agreement is a little more difficult, and usually involves more "harassment" of said entity. Finding email addresses of entities is also a large pain point as well.

In any case, I would imagine it would be easier to upgrade bitcoin to a fork, but only if certain entities are supportive of it. For example, if BIP100 were to be the one that gets forked, it would be easier to send emails and CC TBF so those who receive the message know its serious. In cryptos, those who hold leadership positions in the ecosystem are the ones who influence the fork (yes I know its counter to decentralization, but thats another discussion) .

So ... just notification issues.
Were any of them like this bitcoin fork, where there will be 2 chains running at once?
No problems with black hats trying to cash in on one chain or the other?

No, none of the ones I have personally been involved in have been in this circumstance.

[Possum577]

not to mention being one of the early bitcoin instaminers Gavin scored atleast one $25 million USD windfall i know of as well as gaining 260k + a year from the bitcoin foundation of awhile......so yeah good to see we've got an alternative to those greedy bankers  

well thats the past but too the future

ummm cough gemini  

You're toasting to a future where two core developers control the direction of Bitcoin? Did you toast the American bank bailout as well? (Maybe i missed your sarcasm)

I appreciate the documentation and communication (blog wise and over a long period of time), but it's bot enough. These folks are blazing a new trail and i guess the vote will be in node adoption...and this move is probably harmless but it symbolizes something that Bitcoin was trying to get away from - manipulation of the system by the few. This issue woukd be amplified if its factual that Mike and Gavin are foing this for their own personal gain.

[bitcreditscc]

The financial gain is that bitcoin can live up to its promise  

a free and open blockchain. a blockchain everyone has access to, world wide, small and big transactions, every usecase you can imagine, uncensored, nearly free transaction costs for everyone in the world! and for that we need bigger blocks.

i guess everyone should support bigger blocks  


@rscholey

2vs4 or something like that. most agree about an increase but they dont find consensus.

I think most of us support bigger blocks, though not by forking.
This should be added to core.

Bigger block, regardless of how it happens or what size, will need to happen via a fork.


And let me be very frank here. Coming from someone who has organized not just one, but multiple forks logistically with Litecoin and Dogecoin I can tell you its not all doom and gloom as people have claimed it to be. It's a pain in the ass, but not the end of the world. I'm one of a few people within cryptos who have experience in doing this.


Hell I'll state right now that I will personally help with the fork when it happens for Bitcoin.

NO, probably every half decent dev/cloner in the alt-section can pull off a fork.

[Amph]

aren't they rich in bitcoin, i know that Gavin is holding a good fortune, maybe he is using something that he dumped when the price was 1200

i'm not sure but i doubt someone will use his wealth for a project that do not belong to him, but if this is the case it can show, that he actually care about bitcoin

[Mickeyb]

Just from what I read it would appear that many people consider Mike and Gavin are forking bitcoin not for the benefit of bitcoin but for their own personal benefit. All this leads me to wonder how Mike and Gavin will benefit from the XT fork. Would love to hear some of the experts here give their opinions because up until now I have really not heard anyone supporting the fork.

Not to many are supporting XT fork with bigger blocks, but many are supporting core fork with bigger blocks. That's a main difference.

Second thing is that I don't believe that Gavin is doing this to destroy a Bitcoin or to gain some sort of financial gain. He's a very clever man and he can earn tons  of money for himself somewhere else so I think these accusations are pure FUD. He had just have enough of the discussion and he wants bigger blocks. It's simple as that and there is no point in waiting further since nothing would change if he waited more. I think it's that simple.