Unfortunately, I was on vacation this weekend, so I was unable to prevent /r/Bitcoin from becoming messy. Sorry about that. I and other moderators more-or-less cleaned it up. Report anything that we missed.
Because people are still probably in a "troll-happy" mood from the lack of moderation, moderation will be increased for a while. Everyone needs some time to calm down. In particular, posts about anything especially emotionally-charged will be deleted unless they introduce some very substantial new ideas about the subject. This includes the max block size debate (any side) and /r/Bitcoin moderation. Also, people are continuously spamming links to inferior clones of /r/Bitcoin and the XT subreddit -- these links will be removed and the posters banned unless the links are remarkably appropriate for the given situation. When this sticky is removed, the rules will return to what they were previously.
It is possible that some people have been or will be banned too readily due to the increased moderation. If this happens to you, mail /r/Bitcoin with a justification of your actions, then wait 2 days and mail again if there's no satisfactory response, then wait 4 days, then 8, 16, 32, etc. If your mail to /r/Bitcoin is too high-volume, we may block all further mail from you, which will make it impossible for your to appeal your ban.
About XT
/r/Bitcoin exists to serve Bitcoin. XT will, if/when its hardfork is activated, diverge from Bitcoin and create a separate network/currency. Therefore, it and services that support it should not be allowed on /r/Bitcoin. In the extremely unlikely event that the vast majority of the Bitcoin economy switches to XT and there is a strong perception that XT is the true Bitcoin, then the situation will flip and we should allow only submissions related to XT. In that case, the definition of "Bitcoin" will have changed. It doesn't make sense to support two incompatible networks/currencies -- there's only one Bitcoin, and /r/Bitcoin serves only Bitcoin.
If a hardfork has near-unanimous agreement from Bitcoin experts and it's also supported by the vast majority of Bitcoin users and companies, we can predict with high accuracy that this new network/currency will take over the economy and become the new definition of Bitcoin. (Miners don't matter in this, and it's not any sort of vote.) This sort of hardfork can probably be adopted on /r/Bitcoin as soon as it has been determined that the hardfork is not absolutely against the spirit of Bitcoin (inflating out-of-schedule, for example). For right now, there will always be too much controversy around any hardfork that increases the max block size, but this will probably change as there's more debate and research, and as block space actually becomes more scarce. I could see some kind of increase gaining consensus in as soon as 6 months, though it would have to be much smaller than the increase in XT for ~everyone to agree on it so soon.
There's a substantial difference between discussion of a proposed Bitcoin hardfork (which was previously always allowed here, even though I strongly disagree with many things posted) and promoting software that is programmed to diverge into a competing network/currency. The latter is clearly against the established rules of /r/Bitcoin, and while Bitcoin's technology will continue working fine no matter what people do, even the attempt at splitting Bitcoin up like this will harm the Bitcoin ecosystem and economy.
Why is XT considered an altcoin even though it hasn't broken away from Bitcoin yet?
Because it is intentionally programmed to diverge from Bitcoin, I don't consider it to be important that XT is not distinct from Bitcoin quite yet. If someone created a fork of Bitcoin Core that allowed miners to continue mining 25 BTC per block forever, would that be "Bitcoin" even though it doesn't split from the Bitcoin currency/network quite yet? (I'd say no.)
Can I still talk about hard fork proposals on /r/Bitcoin?
Right now, not unless you have something really new and substantial to say.
After this sticky is removed, it will be OK to discuss any hardfork to Bitcoin, but not any software that hardforks without consensus, since that software is not Bitcoin.
If XT is an altcoin then why aren't sidechains or Lightning altcoins?
/r/Bitcoin is about the Bitcoin currency and network. Lightning allows you to move the Bitcoin currency. Sidechains are on-topic in general because they are a possibly-useful addition to the Bitcoin network. It is possible that some specific sidechains might not be on-topic -- this isn't clear to me yet.
XT is programmed to create a separate currency and network, so it is not Bitcoin.
How do you know that there is no consensus?
Consensus is a high bar. It is not the same as a majority. In general, consensus means that there is near-unanimity. In the very particular case of a hardfork, "consensus" means "there is no noticeable probability that the hardfork will cause the Bitcoin economy to split into two or more non-negligible pieces".
I know almost for certain that there is no consensus to the change in XT because Bitcoin core developers Wladamir, Greg, and Pieter are opposed to it. That's enough to block consensus. And it works both ways: if Gavin and Mike are strongly opposed to Pieter's BIP, then this will also block consensus on that BIP.
Other than the core devs, big Bitcoin companies (especially Coinbase, BitPay, and exchanges) could block consensus, as could large groups of average users who are collectively capable of making reasonable arguments and exerting economic force (probably not just random unknown people complaining about nothing).
Even though consensus is such a high bar, I think that in practice any hardfork that gets consensus among the Bitcoin Core devs and makes it into Bitcoin Core has a good chance of succeeding. But again, the developers would just be spearheading the effort, and many others could block them if necessary.
But with such a high bar, 8 MB blocks will be impossible!
If consensus can never be reached on one particular hardfork proposal, then the hardfork should never occur. Just because you want something doesn't mean that it's ever reasonable for you to hijack Bitcoin from the people who don't want it, even if your side is the majority (which it isn't in this case). This isn't some democratic country where you can always get your way with sufficient politicking. Get consensus, live without the change, or create your own altcoin.
Hard forks are supposed to be hard. While some hard forks will probably be necessary in the long run, these hard forks will need to have consensus and be done properly or Bitcoin will die due to the economy being constantly shattered into several pieces, or as a side-effect of forcing through technically unsound changes that the majority of experts disagree with (like XT's 8MB block size).
Don't most experts want 8 MB blocks soon?
Not by any reasonable idea of "most experts" I can think of. For example, among people with expert flair on /r/Bitcoin, AFAIK any large near-term increase is opposed by nullc, petertodd, TheBlueMatt, luke-jr, pwuille, adam3us, maaku7, and laanwj. A large near-term increase is supported by gavinandresen, jgarzik, and mike_hearn. I don't know about MeniRosenfeld. (Those 12 people are everyone with expert flair.)
I've heard concerns that some experts who oppose any large near-term increase have conflicts of interest. But many of them have been expressing the same concerns for years, so it's unlikely that any recent possible conflict of interest is influencing them. Also, if they believed that increasing the max block size would help Bitcoin as a whole, what reason would they have to prevent this? I don't see the incentive.
We don't need to trust the above list of experts, of course. But I for one have found the conservative position's arguments to be much more convincing than the huge-increase position's arguments. It's not reasonable to say, "You know a lot more than I do, and I don't see any fault in your arguments, but you must be trying to trick me due to this potential conflict of interest, so I'm going to ignore you."
Who are you working for?
I am not an employee of anyone but myself. As far as I know my only incentives for engaging in this policy are to make Bitcoin as strong as possible for ideological reasons, and in the long-term to increase the Bitcoin price. When I make policies, I do so because I believe that they are right. I am not being paid for my work on /r/Bitcoin or for creating certain policies.
It would have been far easier for me to simply allow XT. If I was a politician or a business, I probably would have bowed to community demands already. And on several occasions I have very seriously considered the possibility that I could be wrong here and the community right. But in the end I just don't see any way to both reasonably and consistently deal with XT and cases similar to XT except to ban them on /r/Bitcoin. Additionally, I am further motivated by my knowledge that a "hostile hardfork" like the one in XT is very harmful for Bitcoin no matter what the change entails, and that the change in XT is in fact amazingly bad.
See also
See my previous posts on this subject and the discussion in their child comments. Keep in mind that my comments are often downvoted to the point of being hidden by default.
Also, someone who could be Satoshi posted here. This email address was actually used by Satoshi before he left, and the email apparently did come from that email address legitimately (not a spoof). Whether he's actually Satoshi or not, I agree with what he's saying.
About majoritarianism
Just because many people want something doesn't make it right. There is example after example of this in history. You might reasonably believe that democracy is the best we can do in government (though I disagree), but it's not the best we can do with private and independent forums on the free market.
If you disagree with /r/Bitcoin policy, you can do one of these things:
- Try to convince us moderators that we are wrong. We have thought about these issues very deeply already, so just stating your opinion is insufficient. You need to make an argument from existing policy, from an ethical axiom which we might accept, or from utilitarianism.
- Move to a different subreddit.
- Accept /r/Bitcoin's policies even though you don't agree with them. Maybe post things that are counter to our policies in a different subreddit.
Do not violate our rules just because you disagree with them. This will get you banned from /r/Bitcoin, and evading this ban will get you (and maybe your IP) banned from Reddit entirely.
If 90% of /r/Bitcoin users find these policies to be intolerable, then I want these 90% of /r/Bitcoin users to leave. Both /r/Bitcoin and these people will be happier for it. I do not want these people to make threads breaking the rules, demanding change, asking for upvotes, making personal attacks against moderators, etc. Without some real argument, you're not going to convince anyone with any brains -- you're just wasting your time and ours. The temporary rules against blocksize and moderation discussion are in part designed to encourage people who should leave /r/Bitcoin to actually do so so that /r/Bitcoin can get back to the business of discussing Bitcoin news in peace.
The purpose of moderation is to make the community a good one, which sometimes includes causing people to leave.
This thread
You can post comments about moderation policy here, but nowhere else.
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