Read this
https://primal.net/e/nevent1qqsv9zj52vduxejaf26cxmd3zpn4luylsj2q9clj8p6q3vd6uf8sulsqrwg47
Discussion
there has never been a soft fork pushed through without consensus but if one were to it would natually result in a chainsplit
otherwise any of us could change bitcoin rules at will
this is basic shit
you should improve your understanding rather than continuing your harassment of me but so be it either way
A properly written softfork only activates with say 90% consensus by a specific block height. If it doesn't reach 90% then nothing happens, nothing to see here, move along.
that assumes the soft fork promoters actually want to build consensus
And also only the so called economic nodes actually have any power over the protocol. So if they spin up a bunch of sybils and make it look like they have consensus but the economic nodes were never onboard it's still a contentious chain split.
not to my understanding:
the contentious, soft-fork chain-split would have to: 1.) last a while; then 2.) coins would have to be listed for trading then 3.) the market would eventually pick *the winner*; 4.) then hash rate would follow the more lucrative coin
could also imagine polymarket playing this role rather than trading platforms
The more lucrative coin is the one that people want to receive in exchange for something else, and these transactions are validated by "economic nodes".
Right. If I was holding both in self-custody and I was confident about which would *win*, I would trade the bad coin for USD (or tether) and then turn around a buy the good one. During the fork, I doubt people will be *buying anything* on chain, if that's what you were referring to.
Similar logic: miners who want more good coin will follow the market winner and point their hash accordingly.
You keep missing the point
https://primal.net/e/nevent1qqsv9zj52vduxejaf26cxmd3zpn4luylsj2q9clj8p6q3vd6uf8sulsqrwg47
SegWit was a softfork that resulted in bcash hard fork a couple of weeks in advance.
History sometimes is more complex than we think.
The bcash hard fork happened mainly over SegWit ("ugly code that introduces technical debt and encourages non monetary uses" which sounds familiar if you ask me ) and not like most think solely over blocksize. Although bcash came with 8M blocks from the beginning if I remember correctly that got later increased to 32M, when BSV forked to get their infinite blocksizes.
Yeah its the same picture
this is still the blocksize war
we fucked up and nobody knows what to do about it apparently
you can start by not calling it bcash
it has ABLA now. it starts at 32 MB and can double only once per year if blocks are full the whole time. then if they are not full it keeps decreasing until it reaches 32 MB again. if it hasn't increased in a very long time it's allowed to 4x in a year.
What is the current average blocksize? Did it get spamed to only become usable in data centres like Core people suggested?
no. BCH blocks are 32 mb right now and blocks are not full.
every maxipad is lying their face off about how difficult it is to run a node with 8 mb blocks, or even full blocks under the status quo. they are larping as rich patricians when they can't shell out for a stick of RAM and a SSD. meanwhile vitalik runs an eth node on a dell laptop. it's not that fucking hard.
Nobody is PUSHING this softfork without consensus. I don't know why you are making false statements.
If that's the case then you might not have seen reply like this on that BIP. Legitimate concerns are being addressed.
Why do you think any BIP will get instant buy-in from all of the plebs without any pushback/arguments?
And I am not saying chainsplit wouldn't occur.
Do you actually read anything what I said in my post?
Probably not because if that's the case then you wouldn't have said that I am harassing you.
I am just calling you out for your compromised/delusional behavior.
And where were you when shitcoin core devs were pushing changes like op_return limit without broad support from bitcoiners? You never made a big deal like this during that time.
Can you see why I keep calling you CORECUCK?
