5 ms·
To be fair, 8mb and 8mb doubling every two years are two very different things. I understand why 8mb with doubling was offered, but I also understand why the ch
by Andrew_Quentin 11y ago
To be fair, 8mb and 8mb doubling every two years are two very different things. I understand why 8mb with doubling was offered, but I also understand why the chinese miners expressed their concerns, concerns which you were unwilling to address.
I supported BIP101, but your unwillingness to compromise - they offered 4mb doubling every 4 years I believe - played a great part in it's eventual failure.
The situation now is very much different with almost 100% of miners saying they will support 2mb and some 50% already supporting bitcoin classic with more to come.
So, I share your concerns, but unfortunately mistakes were made, some of them grave mistakes, mistakes from which we learned, and are thus now well placed to move forward.