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I don’t buy the argument that Core opposed Segwit2x because it threatens Blockstream’s business model or influence in the community. First of all, if Segwit2x
by tlrobinson 9y ago
I don’t buy the argument that Core opposed Segwit2x because it threatens Blockstream’s business model or influence in the community.
First of all, if Segwit2x did succeed then Core could swallow their pride and simply update Bitcoin Core’s consensus rules to match btc1’s, and I think most users would prefer to continue to run Core.
Second, if Bitcoin is eventually widely used it would need more than doubling of the block size to scale, even with sidechains or LN. Also, scaling isn’t the only use for sidechains.
Third, many of Blockstream’s founders and team are long-time Bitcoiners and cypherpunks. I’d like to believe they would not compromise Bitcoin for the benefit of their company alone, but perhaps that’s naïve.
- sobani 9y agoYour first point is not a contradiction. You can disagree with something for whatever reason, but still want to participate in whatever proposal 'wins'. If you prefer baseball over football, but all your friends are playing football, would you rather join your friends, or play by yourself?