[Bitcoin-segwit2x] PROPOSAL: B0RG (Bitcoin zero replay, guarantee) - Ensuring a smooth 2X upgrade without a chain split

Samuel Reed sam at bitmex.com
Tue Oct 24 14:51:28 UTC 2017

You may have mining consensus, although you know how fickle that is by
practice. It is dwindling now and is likely to break below 80%. You do
not have user consensus. We have only the safety of our users in mind
and I strongly encourage you to consider the many ways in which this
split could end in disaster.

Phillip Katete wrote:
> Samuel you are barking up the wrong tree here (as has been said a
> multitude of times). RP that encourages a network split would render
> the NYA voidable. I am sure that is what you want, but clearly that is
> not going to happen.
> The SegWit2x upgrade has overwhelming consensus as measured by the
> only Sybil resistant consensus mechanism, the results of which are
> permanently recorded on the blockchain. Repeatedly claiming the
> opposite is simply being disingenuous. Please refrain from
> exacerbating the hostility and toxicity that’s been created in the space.
> *From: *Samuel Reed via Bitcoin-segwit2x
> <mailto:bitcoin-segwit2x at lists.linuxfoundation.org>
> *Sent: *24 October 2017 15:27
> *To: *bitcoin-segwit2x at lists.linuxfoundation.org
> <mailto:bitcoin-segwit2x at lists.linuxfoundation.org>
> *Subject: *Re: [Bitcoin-segwit2x] PROPOSAL: B0RG (Bitcoin zero replay,
> guarantee) - Ensuring a smooth 2X upgrade without a chain split
> BEL has the right idea. It is irresponsible to pretend you have the
> consensus necessary to do a smooth upgrade without replay protection,
> when you do not. Continuing on this path is hostile to Bitcoin and its
> users.
> Of course upgrades with consensus do not require replay protection, as
> the original chain is meant to die. It is very obvious now that the 1x
> chain will not die and any assertion otherwise is intentional ignorance.
> There are only two responsible options for the 2x team now that the
> mindshare has been lost:
> 1. Launch 2x with replay protection, creating another altcoin; this will
> give miners another SHA256 coin to mine when it is profitable to do so,
> but will not provide much real value to the community and will even
> compete against BCH, or
> 2. Don't launch 2x at all, and attempt to create consensus another day.
> A responsible team should not consider a third option, where 2x is
> launched without protection, causing potentially millions of coins to
> leak and untold accounting nightmares for every user and exchange.
> -- 
> Samuel Reed
> CTO,
> BitMEX
> bitcoin-segwit2x-request at lists.linuxfoundation.org wrote:
> > Re: [Bitcoin-segwit2x] PROPOSAL: B0RG (Bitcoin zero replay
> >        guarantee) - Ensuring a smooth 2X upgrade without a chain split
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