Okay so that is unlikely a reproducible scenario? Meaning nodes willing to risk a fork weren't the key motivator for miners eventually capitulating to signaling SegWit?
Discussion
It was a special situation, but it marked a narrative change where the nodes are in control while the miners only do their hashing and block organization.
However, Taproot was activated by miners with blessing from the users (nodes). So the UASF tradition isn’t quite strong 😅
DO you think that a URSF would pose a significant enough risk to miners' operation costs that they would back off activating without node consensus?
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Absolutely, The Virtuous #fullnodes and #Bitcoin loyalists would cut their nuts off.
It's very likely we're going to drop #TaprRoot for the time being, and Murder! #inscriptions #Ordinals etc.
We may also suspend all #transaction #fees until near the end of the block rewards. They're not really needed, and it would help adoption, utilization and the value of Bitcoin..😱😐
Yeah probably not.
Why would you think that #Bitcoin wouldn't do what's in it's interest. It has the ABSOLUTE! power to do so..😱😆
I'm not saying you don't know what you're talking about.
But I don't know what you're talking about.
Bitcoin has a lot of subtleties to it. One thing that's not always so obvious is what is #Bitcoin. And how is it governed.
The Virtuous #fullnodes and Bitcoin loyalists ARE! Bitcoin. They are the only ones with any legitimate power to act on Bitcoins behalf. Because they're interest and Bitcoins interest are the same.
That's how #Satoshi #Nakamoto designed Bitcoins consensus. It's quite brilliant..👍😊
He has no idea what he’s talking about 😂
The fees are very much necessary to secure Bitcoin, it’s even in the whitepaper.
Also, miners are important too.
I think he is attempting to be humorous.
No, I'm serious and so is Bitcoin. I don't think #Bitcoin needs #fees at this time. Maybe when we approach the end of the block rewards.
Anyway, whatever Bitcoin decides their will always be an incentive to mine Bitcoin. Some will profit and some won't.
All I know is that if you try and fuck Bitcoin, Bitcoin will fuck you..💀😁
The "Virtuous" #fullnodes and Bitcoin #loyalist# ARE! #Bitcoin.
Without the approval and support of the Virtuous #fullnodes and Bitcoin loyalist it's not Bitcoin.
Let me say that again. "Without the Approval and Support of the Virtuous #fullnodes and Bitcoin loyalist It's Not Bitcoin..🤔💡