Can Bitcoin Core maintain its leadership? - Bitcoin Forex Loans Insurance Busines

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Sunday, October 1, 2017

Can Bitcoin Core maintain its leadership?

Core could defend his lead against Classic and other implementations of forks using the futures markets.

The strategic move is simple and virtually prevents any other implementation can dethrone Core in the future.
As an example, here's how you can ensure that Core Classic never exceed:

1) Agreeing with exchange as Bitfinex to set up a futures market of forks in which investors can buy and sell currencies future (options) side versus future Core currencies Classic side. Trading should begin months before the proposed fork.

2a) While Core is gaining in the market, you do not have to do anything. Its position is assured.

2b) If Classic is winning, Core will only announce that increase the maximum block size 2 MB in 3 months. Core Classic lost and will be safe again.

Note that this could even be refined further: if Core wants to wait a year to increase the size of the block, could announce it and verify market reaction futures. If Core takes the lead with this announcement, you could be sure that you can return to your resume preferred route without risking its dominant position. (Someone might say, "What if things change during the year and people again asks for a fork?" In that case, the futures trading would begin again, and Core could make a new assessment, in the same way while maintaining its leadership position with minimal compromise).

Alternatively, if that announcement is not enough to take the lead in the futures market, Core could change it to 9 months or 6 months testing the market reaction each time.

Result: Core making the minimum changes necessary to maintain your position. Do not risk losing its status reference implementation for maintaining a position against the market , and does not abandon his vision in an effort to please the market . All thanks to having the best tool available to determine the market reaction in advance - a future- market.