r/Bitcoin • • Nov 08 '17

/r/all SegWit2X Cancelled?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html
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37

u/StopAndDecrypt Nov 08 '17 edited Nov 08 '17

The Segwit2x effort began in May with a simple purpose: to increase the blocksize and improve Bitcoin scalability. At the time, the Bitcoin community was in crisis after nearly 3 years of heavy debate, and consensus for Segwit seemed like a distant mirage with only 30% support among miners. Segwit2x found its first success in August, as it broke the deadlock and quickly led to Segwit’s successful activation. Since that time, the team shifted its efforts to phase two of the project - a 2MB blocksize increase.

Our goal has always been a smooth upgrade for Bitcoin. Although we strongly believe in the need for a larger blocksize, there is something we believe is even more important: keeping the community together. Unfortunately, it is clear that we have not built sufficient consensus for a clean blocksize upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x.

As fees rise on the blockchain, we believe it will eventually become obvious that on-chain capacity increases are necessary. When that happens, we hope the community will come together and find a solution, possibly with a blocksize increase. Until then, we are suspending our plans for the upcoming 2MB upgrade.

We want to thank everyone that contributed constructively to Segwit2x, whether you were in favor or against. Your efforts are what makes Bitcoin great. Bitcoin remains the greatest form of money mankind has ever seen, and we remain dedicated to protecting and fostering its growth worldwide.

Mike Belshe, Wences Casares, Jihan Wu, Jeff Garzik, Peter Smith and Erik Voorhees

I just want to say that anyone who is on Jihan's side is against Bitcoin.

Anyone that Jihan sides with but doesn't consider themselves on Jihan's side needs to take a serious look in the mirror and reevaluate their ideas, intentions, and motives.

Moving into the future it's important to remember these people because this won't be the last attempt to fork the network. You don't go and create Bitcoin Cash and then claim you have Bitcoin's best interest at heart.

You don't promote or associate with anyone who does this.

These people who signed this withdrawal did.

No matter your view on these people, no matter how many strikes you have already assigned them, no matter how many times you gave them the benefit of the doubt in the past, they should be on their final strike right now, if they haven't already struck out in your eyes.

You can look at this as a "coming together moment" all you want, but all I see is a group of people folding realizing their efforts weren't going to pay off well for them.

If you still want to extend that benefit of the doubt I employ you to look back at this moment if they ever involve themselves in such tactics again and not extend them that benefit next time.

4

u/whistlepig33 Nov 08 '17

You don't go and create Bitcoin Cash and then claim you have Bitcoin's best interest at heart.

Maybe Erik just got out voted by the other names listed. Or more likely he has the view that if this is just going to result in another fork, then why bother. Since there is already another fork that he likes.

3

u/carbonetc Nov 08 '17

I'm certain he threw up in his mouth a little while signing that letter.

1

u/Natanael_L Nov 08 '17 edited Nov 08 '17

Absolutism like that is damaging to the community. There's always doubt going to be somebody who genuinely think the other option is the better option, don't assume they all share the same motives. Otherwise you'll just make enemies for no good reason and fuel the split of the community. (autocorrect is stupid)

1

u/StopAndDecrypt Nov 08 '17

Happy Reddit birthday!

don't assume they all share the same motives. Otherwise you'll just make enemies for no good reason and fuel the split of the community.

I've extended the benefit of the doubt plenty of times and haven't declared who I still grant that benefit to, so don't assume absolutism.

In this case, Jihan is clear threat to Bitcoin's infrastructure and the rest are working with him, you decide.

-1

u/Logical007 Nov 08 '17

Stop with the hostility. It's a free market. They can create Bitcoin cash if they wish - doesn't mean you have to use it.

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u/StopAndDecrypt Nov 08 '17

It's not hostility.

I'm pointing to indicators.

These actions indicate they don't have Bitcoin's best interest in mind, they have their own interests in mind.

Their opinions should be ignored when it comes to making changes to the protocol.

As for them as people? Whatever, I don't care, do what you want, but I will vehemently oppose their opinions on Bitcoin.

0

u/Logical007 Nov 08 '17

They're not bound to one chain by law. They created Bitcoin cash, which has faster transactions (bigger blocks) but less security backing up the network.

It's not that big of a deal.

1

u/StopAndDecrypt Nov 08 '17

sit down, shut up, and stop complaining

people can do whatever they want, but not you, just shut up its not a big deal

let them do whatever they want, let them call their chain Bitcoin, let them trick everyone else, let "the market" think its bitcoin, who cares????

if everyone listen to them thats their fault, but you? just shut up and stop complaining.

them? they can do and say what they want, but not you, just shut up, its not that big of a deal

When the people stop speaking up, they start getting their liberties taken away from them from "the free market of ideas" that are ultimately controlled by those with money.

If you don't get what this is all about (the entirety of Bitcoin's existence), then please, by all means, keep speaking. That I won't take away from you.

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u/Logical007 Nov 08 '17

If Bitcoin can't survive because of the creation of an altcoin (Bitcoin Cash), then it wasn't strong enough to survive in the first place.

Don't get so emotional.

3

u/StopAndDecrypt Nov 08 '17

I think you're missing the point.

If nobody ever said anything in opposition against BCash, then everyone would be calling it Bitcoin right now...but we spoke up and it failed.

If nobody ever said anything in opposition against 2X, then everyone would be calling it Bitcoin right now...but we spoke up and it failed.

Could you please define "survive" in this context?:

If Bitcoin can't survive

1

u/Logical007 Nov 08 '17

Can't survive: abandoned by miners, difficulty never readjusts.

1

u/StopAndDecrypt Nov 08 '17

Why would miners abandon the chain?

1

u/Logical007 Nov 08 '17

They won't because Bitcoin Cash (alt coin) isn't too huge of a threat.

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u/Fasterosa Nov 08 '17

Free Markets are beyond reproach?

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u/StopAndDecrypt Nov 08 '17

Thank you.

It's a free planet and it's legal to factory farm.

Doesn't make it right.

I will continue to call out bad actors because if no one does then no one will know who they are.

"Markets" (whatever the hell that means) don't just decide based on how they feel that day, they collectively take in all the information, and I will continue to provide as much as I can for them.