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I am Satoshi
replied 2204d
Most people are ignorant of the situation, and the damage is a problem. What if you paid in BCH on ABC but your payment later gets reversed or doesn't exist???
replied 2204d
Yes. Most people don't understand blockchain. And if it's money, they shouldn't have to worry about if they are going to lose their money or not. This is a major problem.
Sk8eM dUb
replied 2204d
ABC has hard-coded a fork like this for every 6 months. If miners don't like their changes we'll get the same situation we have today. Basically, if ABC wins it'll be a dictatorship.
replied 2204d
The major reason for a fork every 6 months is to scale. They need to do it as quickly as possible so it's ready for adoption. Developers need to do a better job of agreement.
Sk8eM dUb
replied 2204d
That's a myth. People must let go of the concept that they need to run a "node" at home and let miners and larger institutions run backbone quality servers(like SN said).
replied 2204d
Then why does CSW say they need to keep scaling until they get to no limit?
Sk8eM dUb
replied 2204d
CSW has been saying over and over for years, miners need to be running $20k state of the art server nodes connected to backbone quality internet. If you can't afford it, join a pool!
Sk8eM dUb
replied 2204d
Uncapping the block size is not controversial to any miner who is committed to ABC long-term. Keeping the block size capped so that we can "scale" IS controversial to a lot of miners.
replied 2204d
So then why is CSW so adamant about going to 128 MB instead of just uncapping the block size now?
Sk8eM dUb
replied 2204d
I'm not 100% sure but I think there needs to be a bit of a code re-write to get it completely off. Could also be an excuse for one more hardfork to get the last of the old opcodes back
Sk8eM dUb
replied 2204d
The fastest internet in the world can download a terabyte in .03 seconds. To scale, there needs to be a "race to the top" for processing and internet speeds, not just hashing power.
I am Satoshi
replied 2204d
I agree, damage is being done. I expected huge gains in crypto this year, now I am putting that off for 2 or 3 years. 2021 looks good.