Cool graphic. And you agree with me that it supports the "profit motive" model
-
-
True, violence expectation will be priced in forked coins, which answers your other tweet:https://twitter.com/fluidfluxation/status/975939388243959808 …
-
Doesnt prevent forking. You can call forking an attack on the network, I don't care for label games. I'm saying you cant stop forking where economic incentives for it exist, and to restrict those incentives restricts the entire chain.
-
I’m against forks creating more damage than benefit, so incentives should work in our side.
-
You perceiving forks as damaging does not change economic incentive structures for miners. & hive mind prediction engines are not the answer, economically incentived hashpower is, which we already have. Model isnt broken. Forks will deserve to survive or die on their own merits.pic.twitter.com/9mOUmqTjfS
-
Miners are not the only actors, nor the most relevant. The will just mine anything paying them fees or inflation coins if those keep any value. Forks pricing is independent.
-
Bitcoin is valuable because its anti-fragility & soundness reinforces trust. Miners are the incentive structure that allow this system to survive & grow. Chains will be mined based on expected profitability. Market will solve fork disputes, no extra political solution is needed
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.