📅 Original date posted:2015-06-28
📝 Original message: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".
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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Eric Lombrozo [ARCHIVE] /
npub1az…t2krq
2023-06-07 15:40:40
in reply to nevent1q…lrfd
Author Public Key
npub1azvhdrf9fu6n0tm7yez4j6zcxcedp2ct6nrcq3z74naqs7kgpk8s5t2krqSeen on
wss://relay.noswhere.comPublished at
2023-06-07 15:40:40Event JSON
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"content": "📅 Original date posted:2015-06-28\n📝 Original message:Either one branch wins overwhelmingly in a relatively short period of time…or both branches lose, I think.\n\n- Eric\n\n\u003e On Jun 28, 2015, at 6:51 AM, Ivan Brightly \u003cibrightly at gmail.com\u003e wrote:\n\u003e \n\u003e On Sun, Jun 28, 2015 at 8:13 AM, Jorge Timón \u003cjtimon at jtimon.cc \u003cmailto:jtimon at jtimon.cc\u003e\u003e wrote:\n\u003e \n\u003e No, this is very important. The majority has no right to dictate on\n\u003e the minority.\n\u003e \n\u003e 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.\n\u003e \n\u003e 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\".\n\u003e \n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150628/6def6860/attachment.html\u003e\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 842 bytes\nDesc: Message signed with OpenPGP using GPGMail\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150628/6def6860/attachment.sig\u003e",
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