ryangrote on Nostr: I've stopped stressing about whether BIP-110 wins or not. I used to believe Bitcoin ...

I've stopped stressing about whether BIP-110 wins or not.

I used to believe Bitcoin would slowly fail if BIP-110 doesn't succed.

I hear people say: "If miners ignore it, that means miners control Bitcoin and Bitcoin isn't what we think it is."

I don't think that's true.

If less than ~20% actually want BIP-110 and miners ignore it, the protocol will just stay aligned with the majority.

That doesn't mean nodes don't matter. It would be a different story if 60% of nodes were running it. I don't think miners would ignore that.

So if BIP-110 fails, that doesn't mean Bitcoin is broken.

It means not enough node runners cared enough to try to make this change.

I'm going to keep running BIP-110 on my node. I'm even renting hashrate for it.

I hope it succeeds, but if it doesn't I'm not giving up on Bitcoin.