[bitcoin-dev] The need for larger blocks

Eric Lombrozo elombrozo at gmail.com
Sun Jun 28 14:13:13 UTC 2015


Either one branch wins overwhelmingly in a relatively short period of time…or both branches lose, I think.

- Eric

> On Jun 28, 2015, at 6:51 AM, Ivan Brightly <ibrightly at gmail.com> wrote:
> 
> On Sun, Jun 28, 2015 at 8:13 AM, Jorge Timón <jtimon at jtimon.cc <mailto:jtimon at jtimon.cc>> wrote:
> 
> No, this is very important. The majority has no right to dictate on
> the minority.
> 
> While an interesting philosophical question, I don't think that this is accurate. First off, bitcoin doesn't imbue  any 'rights' on individuals - it provides the choice of participating or not, nothing more.
> 
> Secondly, from a technical perspective, how is it that the majority (or super-majority) are prevented from imposing their will? The best answer is that they are incentivized to not override a minority group since that reduces the inherent value in the system. However, presuming that the majority calculate that the reward for imposing a change is greater than the value lost in such disruption, I don't see how there would be any stopping this change. The longest chain with the greatest number of users valuing the token on that chain "wins".
> 
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