Replying to Avatar Jeff Swann

I'm against it. Way too risky to change miner incentives that way. Something like Liquid is much safer than drivechains & Liquid isn't even really being used. We have already established that miners don't get to decide how Bitcoin changes, users do. I don't think it will happen.
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LogicallyMinded 2y ago

I think there are some misunderstandings on how #Bitcoin consensus works. https://youtu.be/vM_Ski2eK6A

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Jeff Swann 2y ago

Big block supporters lost the block size war even with supoort from 80+% of the miners & large exchanges because they didn't understand Bitcoin's security model. Economically active nodes set the rules. Read the Blocksize War & listen to Bitcoin Audible, or stay stupid.

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LogicallyMinded 2y ago

I agree that economically active nodes such as exchanges or wallets are important in deciding the outcome of a fork but these actors are not the same as « users » but even those actors can’t setup the rules alone. It really depends on the particular scenario et dynamic at play.

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Jeff Swann 2y ago

Big block supporters lost the block size war even with supoort from 80+% of the miners & large exchanges because they didn't understand Bitcoin's security model. Economically active nodes set the rules. Read the Blocksize War & listen to Bitcoin Audible, or stay stupid.