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From: Eric Lombrozo <elombrozo@gmail.com>
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To: Ivan Brightly <ibrightly@gmail.com>
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Subject: Re: [bitcoin-dev] The need for larger blocks
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Either one branch wins overwhelmingly in a relatively short period of =
time=E2=80=A6or both branches lose, I think.
- Eric
> On Jun 28, 2015, at 6:51 AM, Ivan Brightly <ibrightly@gmail.com> =
wrote:
>=20
> On Sun, Jun 28, 2015 at 8:13 AM, Jorge Tim=C3=B3n <jtimon@jtimon.cc =
<mailto:jtimon@jtimon.cc>> wrote:
>=20
> No, this is very important. The majority has no right to dictate on
> the minority.
>=20
> 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.
>=20
> 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".
>=20
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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Content-Transfer-Encoding: quoted-printable
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charset=utf-8
<html><head><meta http-equiv=3D"Content-Type" content=3D"text/html =
charset=3Dutf-8"></head><body style=3D"word-wrap: break-word; =
-webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" =
class=3D"">Either one branch wins overwhelmingly in a relatively short =
period of time=E2=80=A6or both branches lose, I think.<div class=3D""><br =
class=3D""></div><div class=3D"">- Eric</div><div class=3D""><br =
class=3D""><div class=3D""><div><blockquote type=3D"cite" class=3D""><div =
class=3D"">On Jun 28, 2015, at 6:51 AM, Ivan Brightly <<a =
href=3D"mailto:ibrightly@gmail.com" class=3D"">ibrightly@gmail.com</a>>=
wrote:</div><br class=3D"Apple-interchange-newline"><div class=3D""><div =
dir=3D"ltr" class=3D""><div class=3D"gmail_extra"><div =
class=3D"gmail_quote">On Sun, Jun 28, 2015 at 8:13 AM, Jorge Tim=C3=B3n =
<span dir=3D"ltr" class=3D""><<a href=3D"mailto:jtimon@jtimon.cc" =
target=3D"_blank" class=3D"">jtimon@jtimon.cc</a>></span> wrote:<br =
class=3D""><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 =
.8ex;border-left:1px #ccc solid;padding-left:1ex"><br class=3D"">
No, this is very important. The majority has no right to dictate on<br =
class=3D"">
the minority.<br class=3D""></blockquote><div class=3D""><br =
class=3D""></div><div class=3D"">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.</div><div class=3D""><br =
class=3D""></div><div class=3D"">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".</div></div><br class=3D""></div></div>
_______________________________________________<br class=3D"">bitcoin-dev =
mailing list<br class=3D""><a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" =
class=3D"">bitcoin-dev@lists.linuxfoundation.org</a><br =
class=3D"">https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev<=
br class=3D""></div></blockquote></div><br =
class=3D""></div></div></body></html>=
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